Adidas has announced plans to withdraw its “speed factories” out of Germany and the US, instead opting to reassign their newfound expertise in 3D printing and automation to suppliers in Asia. Source Forbes
Eskom has confirmed that it will implement stage 4 load shedding from 14:00 on Friday, despite already using diesel-powered open cycle gas turbines and pumped storage schemes to supplement capacity. Source Fin24
Household spending dropped 5.1 percent in October from a year earlier, government data showed Friday, down for the first time in 11 months and the biggest year-on-year fall since March 2016 — when spending fell 5.3 percent. Source Japan Times
After protracted discussions, the oil-producing nations have agreed to cut 500,000 barrels a day. However, it is uncertain whether this will significantly raise prices, as non-member countries continue to pump oil. Source Deutsche Welle
