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Argentine President Alberto Fernandez announced Wednesday that the South American country will, along with Mexico, produce the vaccine developed by Oxford and British pharmaceutical company AstraZeneca.

Argentina's President-elect Alberto Fernandez announces his cabinet ahead of taking office on Dec 10 in Buenos Aries, Argentina, Dec 6, 2019. [Photo/Agencies]

Artificial intelligence adoption by Chinese businesses has outpaced the global average thanks to increased spending on research and development and industry growth, said a PwC report.

Apple said production of the iPhone is resuming, but return to pre-outbreak levels will be slower than anticipated. Apple and the US stock market took a hit Tuesday, but rebounded Wednesday.

Apple's initiative, in partnership with Governor Gavin Newsom, the state and community-based organizations, includes billion for an affordable housing investment fund, billion in mortgage assistance for first-time home buyers, 0 million worth of land owned by Apple for new development in San Jose and 0 million for low-income housing in the Bay Area, according to the company. The plan will be implemented over the next two years.