"The second wave of the pandemic in Europe, notably in France, and the resulting new restrictions are adding to the uncertainty and weighing on the recovery." 

The President of the European Central Bank (ECB), Christine Lagarde, struck a pessimistic tone when speaking to French newspaper Le Monde, published on the bank's website.

"Since the rebound we saw over the summer, the recovery has been uneven, uncertain and incomplete and now risks losing momentum," Lagarde said, adding that "the options in our toolbox have not been exhausted. If more has to be done, we will do more."

The ECB is already supporting the economy with a pandemic emergency program of bond purchases, pumping $1.58 trillion into the economy – a move to lower market borrowing costs and help keep credit flowing to businesses. 

Beyond the ongoing wrangling and headaches over how to stimulate economies and companies ravaged by the outbreak, we have positive news from China. The country that first locked down in the outbreak has begun its economic recovery (see graph below), a possible positive sign for those countries still struggling amid the pandemic. 

Watch our video, which details the success of the Global Fund – an international financing and partnership organization that aims to fight AIDS, TB and Malaria.

Finally we have a section from our interview with the trailblazing marketing director at EF Pro Cycling who worked with two companies to launch an eye-catching new cycling jersey for his team, one that is making quite the splash on the tour circuit. 

Happy reading, 

Daniel Harries 

Digital correspondent 

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British regional airline Flybe will be sold to a firm affiliated with investment adviser Cyrus Capital and may start flying again from 2021, months after the British firm became one of the first pandemic casualties.

Finnish telecoms company Nokia has been selected by NASA to build the first cellular network on the moon. The U.S. aims to return humans to the moon by 2024 and dig in for a long-term presence there under its Artemis program.

Sales and profits at Amsterdam-based health technology company Philips jumped in the third quarter, as the COVID-19 pandemic spurred demand for hospital equipment.

The number of shoppers at British retail destinations has fallen for a fourth straight week following tougher government measures to stem a second wave of COVID-19, according to market researcher Springboard.

China welcomes U.S. companies to actively participate in its market and will strive to create a fair and just environment, stated the country's industry ministry, citing a meeting it held with firms such as software specializing corporation Qualcomm and General Motors.

Oil producer group OPEC+ will meet to discuss the weakening demand outlook in the face of rising coronavirus infections as well as increased output from Libya.

Irish privacy regulators have opened two investigations into Instagram over the social media platform's handling of young people's personal data. Facebook, which owns Instagram and has its European headquarters in Ireland, said it's in "close contact" with the commission and is "cooperating with their inquiries."

A quarter of U.S. workers say they have considered quitting their jobs as worries related to the pandemic weigh on them, according to a new poll by The Associated Press-NORC Center for Public Affairs Research.

The first commercial passenger flight to Israel by a carrier from the United Arab Emirates landed near Tel Aviv on Monday, further cementing a normalization deal between the two countries.

Japan's exports fell at a slower pace in September in a sign that trade damage from the coronavirus pandemic is easing, according to Finance Ministry data released on Monday.

WATCH: The Global Fund has already led to significant successes. Uganda receives aid from the fund, having more than a million citizens infected with HIV. Support has led to a reduction of 38 percent in AIDS-related deaths between 2012 and 2017.

Despite the successes, the major issue for the fund is the coronavirus has created a new, worldwide health problem. The challenge now to balance combating the pandemic and continuing to work on eradicating the well-established diseases.

Discover this and many other stories on #OurJourney for #CGTNEurope's 1st anniversary.

Faced with a kit clash in the Giro D'Italia (the tour of Italy), Matthew Beaudin, Marketing Director at EF Pro Cycling, and his team decided to "shake things up." Working with the cycling kit company Rapha, and skateboarding fashion house Palace, both London-based, they produced what can only be described as an eye-catching kit. 

The team hopes the new jersey will open new markets, attracting those who usually don't care for cycling. 

What was the thinking behind the new kit?  

It was a great opportunity for us to further illustrate the character of the team, because our team is a little bit more free spirited than most. And it's just an opportunity to shake things up … There were a lot of logistical hurdles that our operations team had to work through. And I commend them hugely for being able to execute on this stuff and have it be a surprise. The riders didn't even know they were going to be racing in a new kit. It was very near the race because, you know, once the thing's out it just has a way of people taking pictures and people sharing pictures, it's exciting. 

What has the reaction been to the new kit?  

The best part for me has been watching the response, not only in the media or in the digital space, but also seeing where the rubber meets the road here because we are still a bike racing team. Those guys went out and they raced their hearts out in a kit with a big duck on it. And I think performing in that kind of situation has actually been the coolest part.

Read more: A new cycle: What happens when sport and fashion collide?

Following the economic damage caused by the coronavirus outbreak, China's recovery has gathered pace in the third quarter of 2020, with GDP growth in July-September registering at 4.9 percent from a year earlier, boosted by investment and exports.