World stock prices were mostly higher Monday as investors awaited an update on U.S. inflation and China's latest economic data.

Benchmarks fell in Hong Kong and Tokyo but rose in Shanghai, Paris, Frankfurt and London. Oil prices were mixed.

French President Emmanuel Macron witnessed the signature of a deal Monday to facilitate loans to Bangladesh aimed at infrastructure development, as well as a letter of intent to provide the South Asian country with an earth observation satellite system.

This came during Macron's two-day visit to Bangladesh's capital, Dhaka, where he met with Prime Minister Sheikh Hasina, to bolster bilateral relations between the two countries.

The European Union has lowered its forecast for economic growth this year and next, saying inflation is taking a heavy toll on people's willingness to spend in shops — while higher interest rates are sharply restricting the credit needed for investment and purchases.

The revised forecast Monday from the European Commission, the EU's executive arm, comes as fears of recession grow and as the European Central Bank faces a key decision this week on whether to keep raising rates, which are aimed at getting inflation under control.

India and Saudi Arabia agreed Monday to expand trade and security ties, two days after their leaders and others attending a Group of 20 summit announced a new railways and port corridor deal that will link India, Middle East and Europe.

Indian Prime Minister Narendra Modi and Saudi Arabia's Crown Prince Mohammed bin Salman met in New Delhi and chaired a meeting of the India-Saudi Arabia Strategic Partnership Council. The two leaders discussed issues ranging from energy security, trade and investment to defense, health care and food security, India's foreign ministry spokesperson Arindam Bagchi said.

Iran said that it hopes the transfer of frozen funds as part of a deal with the United States to exchange prisoners would take place within days.

Iran said Monday that it hopes the transfer of frozen funds as part of a deal with the United States to exchange prisoners would take place within days.

The African Union has been granted permanent member status in the Group of 20 top world economies, Indian Prime Minister Narendra Modi said Saturday, adding momentum to his drive to give a greater voice to the Global South as host of this year's annual summit.

Modi announced the membership during his opening speech for the weekend summit of the G20. Growing global rifts and the absence of key players threatened to make reaching consensus on the thorniest issues elusive.

U.S. President Joe Biden and his allies on Saturday were to outline plans for a rail and shipping corridor that would connect India with the Middle East and ultimately Europe — a possible game changer for global trade to be announced at the Group of 20 summit.

The project would include the United States, India, Saudi Arabia, the United Arab Emirates, the European Union and other countries in the G20, said Jon Finer, Biden's principal deputy national security adviser.

Fishermen and residents of Fukushima and five other prefectures along Japan's northeastern coast filed a lawsuit Friday demanding a halt to the ongoing release of treated radioactive wastewater from the wrecked Fukushima nuclear plant into the sea.

In the lawsuit filed with Fukushima District Court, the 151 plaintiffs, two-thirds from Fukushima and the rest from Tokyo and four other prefectures, say the discharge damages the livelihoods of the fishing community and violates residents' right to live peacefully, their lawyers said.

Apple has lost around $200 billion in market capitalization over several days as tensions between the U.S. and China rise, with several media outlets reporting this week that the iPhone maker is being singled out by Beijing.

Apple shares fell 3% Thursday and are down more than 5% for the week on reports of an iPhone ban for Chinese state employees that is being dictated by Beijing.

G20 leaders descended on New Delhi Friday, with deep divisions between heavyweight members and Chinese President Xi Jinping's no-show calling the bloc's relevance into question.