Saudi Arabia named Yasir al-Rumayyan, the head of the sovereign wealth fund PIF, as the state oil giant Aramco's chairman, replacing Khalid al-Falih, the Energy Minister, Bloomberg reported.
The UK lenders approved the biggest number of mortgages in two years or 67.3K during July, suggesting that the housing market has stabilised from the pre-Brexit slowdown.
German export-dependent manufacturing sector was still in contraction in August, with the IHS Markit's PMI rising slightly to 43.5 points, survey revealed on Monday, as falling demand pushed firms to cut jobs and scale back production.
The budget deficit in Italy is expected to be falling to 1.6% of GDP in 2020 from an anticipated 1.9% in the year of 2019, sources familiar with the matter told Reuters.
The UK Manufacturing PMI declined to 47.4 last month from 48.0 in the prior month, a full point below the median forecast, rocked by the Brexit crisis and the downturn globally, suggesting lower chances of the economic rebound in the Q3, a survey revealed.
On Monday, the business daily publication Handelsblatt reported that VW has retained access to US government contracts.
ECB Board Member Mersch stated on Monday that the Facebook's proposed Libra currency could undermine monetary policy.
On Monday, the Markit Purchasing Managers Index release for the Euro Zone revealed that the manufacturing sector has continued to decline in August.
During the early hours of Monday's London trading hours, the EUR/USD currency exchange rate remained below the 1.10 level. The event was attributed to concerns over the future of EU exports.
UK's Former Justice Minister David Gauke stated on Monday to BBC Radio that the government of the United Kingdom intends to have a general election to purge no-deal rebels.
On Monday, Norwegian Air asked its bond holders to extend the maturity of debt up to two years. The company has suffered losses due to a rapid expansion.
On Monday, Wirecard announced that the company has signed a cooperation agreement with SoftBank's owned Brightstar.
During the Asian trading session on Monday, global stock indices declined. The move was attributed to the start of the collection of new US and Chinese tariffs.
On Monday, the BBC political editor Laura Kuenssberg stated that within days Boris Johnson could call for an election.
On Monday, crude oil price benchmarks declined, as tariffs imposed by both China and the US came into force.
Data published on Monday revealed that Asian factor production has been declining, signalling a decline in demand.
Japan companies increased spending 1.9% over plant and equipment in the period of April to June for the 11th quarter, underscoring the resilience of capex despite the Sino-US trade dispute and slowing global growth.
Manufacturing activity in Japan decreased for a fourth month in succession in August to a seasonally adjusted 49.3 points due to flagging demand, the revised business survey revealed, suggesting a darkening prospective for the country's economy.
On Sunday, in Poland the Vice President of the United States announced that the Unite States would always support Ukraine.
On Sunday, as 80 years of the German invasion of Poland were marked, the German President asked the Polish nation for forgiveness.
On Sunday, the conservatives of Angela Merkel and Social Democrats experienced a loss of support in state elections in eastern Germany, as the far right parties took shares of votes.
On Sunday, Swiss officials announced that they are pessimistic in regards to a treaty with the EU. The comments are bound to extend the current stalemate in bilateral relations.
On Sunday, Chinese officials announced plans to increase support for the country's economy, including infrastructure investment and regional development.
North Korean officials on Sunday denied reports that the country has amassed nearly two billion US Dollar worth of funds through cyber attacks on various banks.