Air France-KLM is set to unveil details on Monday of a revamped restructuring plan which unions expect will lead to some 3,000 job losses.

Four unions have called a strike to coincide with the expected launch of the plan due to be presented to the central company enterprise committee at 9:30 am (0730 GMT).

The World Bank on Monday cut its growth forecasts for developing economies in East Asia and the Pacific but allayed fears of a hard landing for China's slowing economy.

The bank also said it expects any increase in U.S. interest rates to have an orderly impact but warned of a risk that markets could react sharply, causing currencies to depreciate further in the region.

Several engineers at scandal-hit German automaker Volkswagen have admitted to installing the device in the company's cars aimed at cheating pollution tests, a newspaper reported Sunday.

Bild am Sonntag said the employees told an internal investigation that they had been involved in the affair, which came to light last month.

Embattled auto giant Volkswagen on Saturday suspended the sale of some diesel-powered cars in Australia as the fallout from its emissions-cheating software expanded.

Volkswagen Group Australia (VGA) said it met with government authorities on Friday "to advise them of its strategy in Australia" to address concerns raised around the world about the technology.

A deal on an ambitious Pacific Rim free-trade area appeared within reach late Friday as negotiators kept pushing to resolve the remaining issues over drug patents and auto and dairy trade.

The arrival of senior U.S. congressional aides at the hotel venue for the Trans-Pacific Partnership talks in Atlanta pointed to the possibility that top trade officials from 12 countries were close to agreement.

She used to be a hairdresser with a mortgage on a spacious apartment in Porto, Portugal's second-largest city and the birthplace of port wine.

Now Ana Paula, 48, and her husband Belmiro Silva are out of work, and they are struggling to put food on the table.

Argentina will repay $5.9 billion of its debt on Monday in keeping with its repayment schedule, the country's economy minister said Friday.

"We will follow this deadline as we have done for years. It is the largest payment in one installment in a decade," Economy Minister Axel Kicillof said.

The market for military drones is expected to almost double by 2024 to beyond $10 billion (8.9 billion euros), according to a report published Friday by specialist defense publication IHS Jane's Intelligence Review.

"The global defense and security market for Unmanned Aerial Vehicles (UAVs) will expand at 5.5 percent per year over this decade, from the current figure of $6.4 billion," according to the analysis.

The global finance summit next week in Lima will try to scatter the clouds over the economy, beset by a slowing China and the prospect of higher U.S. interest rates.

"On the economic front, there is... reason to be concerned," the head of the International Monetary Fund, Christine Lagarde, said Wednesday, in a speech ahead of the IMF and World Bank annual meetings in the Peruvian capital that gather the world's central bankers and finance ministers. 

France's statistics agency Insee on Friday lowered its forecast for economic growth this year to 1.1 percent from its previous estimate of 1.2 percent due to the "unpleasant surprise" of zero growth in the second quarter.

In the third quarter, Insee has predicted France's gross domestic product (GDP) to expand by 0.2 percent, slower than the earlier 0.3 percent forecast, and by 0.4 percent in the fourth quarter.