Swedbank removed three executives from the Bank's Estonian business and appointed their replacements, including the new Head of the unit involved in an investigation over international money laundering.
The economy of Georgia expanded 5% year-over-year in the first eight-month period of 2019, compared with 4.8% increase in the same period last year, preliminary data revealed.
PayPal obtained Beijing's approval to acquire a 70% stake in Gopay Information Technology, being the first foreign company to enter Chinese payment services market.
Blackstone Group stated that it would buy the US industrial warehouses from Colony Capital, the real estate and investment management company, in a $5.9B deal, to capitalize over the e-commerce boom.
France's drugmaker Sanofi announced plans to cut nearly 200 positions in Japan across regulatory affairs, sales and operations, a source familiar with the matter stated.
Germany's consumer prices grew 0.9% year-on-year in September, the weakest level in almost three years and below the ECB 2% target.
On Monday, Blackstone Group Inc announced it signed a deal with the investment and real estate management company Colony Capital to acquire its US industrial warehouses in a deal worth $5.9B, sending Colony Capital's up 14% to $6.72.
Elon Musk, the billionaire entrepreneur, has released his new iteration of the space giant's newly assembled Starship, marking the fast development of the SpaceX's centrepiece vehicle that deemed to launch humans to Mars or the moon.
China's Tencent Holding is set to acquire a 29% worth stake in the Oslo-listed computer games maker Funcom, becoming its largest shareholder, Funcom announced on Monday.
Bank of America Corp and Morgan Stanley are planning expansion in their employee-benefits management, seeking to gain a market share in the wealth management business, according to Reuters.
During the Asian trading session, global stock indices traded steadily despite an announcement that the US might delist some Chinese companies from their exchanges.
On Monday, the UK aviation regulator stated that Thomas Cook's customers could face a two-month delay for their refunds, as the regulator had not yet received all the necessary information from the world's oldest travel company that collapsed last week.
Revolut, the British digital banking app, is planning to hire about 3500 new staff amid its expansion into 24 markets in the global push with the payments giant Visa, both companies announced on Monday.
On Sunday, Forever 21 Inc, the fashion retailer, has filed for bankruptcy, joining the growing list of companies that were hit by e-commerce giants, such as Amazon.com, amid customers' rising demand for an online shopping.
United Auto Workers and General Motors announced on Monday they would continue negotiations on a new labour deal due to a strike launched by the union members that had entered the third week already.
The Canadian ruling Liberal Party announced on Sunday a number of spending initiatives, though added that their implementation would require $15.11B annual deficits over the upcoming four years.
The Finance Minister of the United Kingdom Sajid Javid pledged on Sunday to boost infrastructure spending in order to repair roads and improve bus services.
China's investment in highways and waterways expanded 3.7% in the first eight months of the current year, the Ministry of Transport reports.
The Alibaba Group has developed its first high performance AI chip, Hanguang 800, the group CTO and head of the Alibaba Damo Academy Jeff Zhang says.
China supports Venezuela's efforts to safeguard sovereignty, the Chinese State Councilor and Foreign Minister Wang Yi says at a meeting with the Venezuelan Vice President Delcy Rodriguez.
Imports of metallurgical coal to China surged 30% in August to 9.07M tonnes, a data published by the General Administration of Customs shows.
The tourism sector in Brazil expanded 1.5% in July 2019, compared to the same period the previous year, the National Confederation of Trade, Services and Tourism reports.
China's service trade reached $505B in the first eight months of the current year, a 3% increase from the previous year, the Ministry of Commerce reports.
The economy of Hong Kong is likely to contract in the third quarter of 2019, after a negative growth in the second quarter, the Hong Kong Special Administrative Region government reports.