The “Doing Business 2015” report recognised East Timor as the economy that most improved in facilitating business start-ups. The report, by the World Bank Group, compares business regulations for domestic firms in 189 economies. East Timor was ranked 96th in ‘starting a business’ in the report released in late October, up from 169th in the previous year. Overall, the country climbed two positions to 172nd.

State-owned China National Offshore Oil Corp (CNOOC) is among the companies that have signed deals to import liquefied natural gas (LNG) from Mozambique, Reuters news agency reports. The agreements that have been signed so far – yet to be officially announced – offer flexible contract terms on 20-year deals, according to the media outlet.

China will revise rules for foreign investment, aiming to loosen restrictions in more sectors for businesses or investors based abroad, reports Xinhua, the official Chinese news agency.

The Secretary of State for Transport and Communications of Guinea-Bissau, João Bernardo Vieira, said the government has taken “the first steps” for creating a national airline.

China’s services sector grew at its slowest pace in nine months in October, a survey showed on November 3.

Brazil posted a trade deficit of US$1.18 billion in October, data from the Ministry of Development, Industry and Foreign Trade showed on November 3.

Cape Verdean state airline TACV “should be privatised by mid 2015”, local newspaper A Semana quoted the country’s Minister for Infrastructure and Maritime Economy, Sara Lopes, as saying.

China’s official Purchasing Managers’ Index (PMI) eased to 50.8 in October from September’s 51.1, the National Bureau of Statistics said on November 1.