Schaeffler, the German automotive supplier, is planning to buy Space Drive, the drive-by-wire technology, from Paravan GmbH for autonomous vehicles.
Germany's luxury automaker Daimler is in negotiations with the Chinese BAIC Group's unit BJEV to establish a joint venture to produce battery-powered smart cars in China.
On Monday, the Chilean top food producer Agrosuper stated it would acquire the domestic salmon company AquaChile in a deal valued at $850M.
On Sunday, the world's biggest contract chipmaker Taiwan Semiconductor Manufacturing Company announced that an outbreak of computer virus might hit its Q3 revenue and gross margin results.
The Canadian company Aimia's stock soared 12% after it had rejected a takeover bid from the Air Canada-led consortium, demanding a higher offer for its Aeroplan loyalty programme.
On Monday, American Arista Networks Inc claimed that it is going to pay $400M to Cisco Systems Inc to resolve court conflict between two network equipment companies.
On Monday, the Prime Minister of Russia Dmitry Medvedev claimed that a possible decision of NATO to admit Georgia to the members of the organisation could provoke a conflict in the region.
Facebook asked the biggest US banks to provide detailed financial information about customers within an effort to suggest new services, according to sources familiar with the matter.
The Shanghai office of the Chinese Central Bank levied a $601K fine on Alipay, Ant Financial's online payment platform, for violating rules on payment services, the regulator stated.
Tyson Foods, the largest meat processor in the US, reported stronger-than-expected quarterly profit amid to solid demand for beef, but warned that trade war was threatening its chicken and pork businesses.
China's Xiaomi stated that the company's component supplier Holitech Technology is set invest nearly $200M in the three-year period in India, the world's second-largest smartphone market.
Japan Tobacco Inc announced on Monday the acquisition of Bangladesh-based Akij Group's tobacco business for $1.5B in order to strengthen its position in the Asian tobacco market.
A poll by ORB International shows the approval rate of how the British Prime Minister Theresa May is handling the Brexit negotiations has declined to 22% due to uncertainty.
Dubai's ports operator DP World has strengthened cooperation with the aluminium manufacturer Emirates Global Aluminium to facilitate transportation and storage of the metal.
The UK-based HSBC Holding Plc reported on Monday a 4.6% increase in pre-tax profit to $10.7B in 1H 2018, dragged lower by a $765M settlement pay and a new investment strategy.
The Japanese company SoftBank Group Corp reported on Monday a 49% surge in profit during the second quarter of 2018, boosted by the sale of its stock in Flipkart and ARM Holdings.
US stock futures managed to gain today on solid corporate earnings even despite mounting pressure between the United States and China.
The Economy Ministry of Germany stated on Monday that the government will continue providing guarantees to companies doing business with Iran despite threats from the United States.
According to the RIA news agency, in a visit to Moscow the US Senator Rand Paul has invited Russian lawmakers for talks to Washington.
The Turkish Lira set a new record low against the American Dollar on Monday as the United States announced its plans to reconsider Turkey's free access to its domestic market.
Crude oil prices surged by 35 cents on Monday, reaching $68.84 barrel, as Saudi Arabia surprisingly reported production decrease in previous month.
On Monday, North Korean state media urged the US to drop sanctions, as Seoul said it has started investigating illicit coal shipments that likely violated UN resolutions.
On Monday, Linde shares dropped more than 8% of its value after a planned $87 billion merger of the industrial gases group's and Praxair was put into uncertainty due to the US antitrust regulators demands.
On Sunday, Iranian state TV reported that the government will ease its foreign currency exchange rules in a bid to stop a collapse of Rial that has lost almost half of its value since April.