Leaders gather for BRICS Summit to strengthen Global South cooperation

OPEC and its allies have announced a decision to increase oil output by 548,000 barrels per day in next month.

The number of deaths from destructive floods in Texas has reportedly risen to at least 50. Search and rescue efforts are underway.

Chinese Premier Li Qiang is in Rio de Janeiro to attend the 17th BRICS Summit. Brazil will hold the summit from Sunday to Monday.

Leaders of the expanded BRICS are gathering in Rio de Janeiro for a two-day summit focused on strengthening cooperation among Global South countries.

China says it has accepted the price commitments of 34 brandy exporters from the European Union, and will exempt them from the anti-dumping subsidies as long as they meet the agreed terms.

U.S. authorities say major flash flooding caused by heavy rain has killed 24 people in central Texas.

The Chinese premier says the country is willing to work with Greece to leverage complementary advantages and advance the implementation of the plan for the Port of Piraeus in a high-quality manner.

Chinese Foreign Minister Wang Yi says China's is willing to share market opportunities with Germany and the door will open wider.

China has announced anti-dumping duties on brandy from the European Union beginning Saturday.

The Chinese Commerce Ministry says China and the United States have been working on details to implement the key consensus of their trade talks.