Jaguar Land Rover made a yearly loss of $4.58B in its last fiscal year, despite a net revenue of $153M in the final three months, the company reports.
The Omani Minister of Foreign Affairs Yusuf bin Alawi bin Abdullah arrived in Tehran to discuss bilateral ties with his Iranian counterpart Mohammad Javad Zarif.
The Nigerian economy expanded 2.01% in the first quarter of 2019, compared to the same period the previous year, the National Bureau of Statistics reports.
The Serbian economy will expand 3.5% in 2019 and another 4% in the following year, an International Monetary Fund delegation reports after a meeting with the Serbian President Aleksandar Vucic.
On Monday, T-Mobile's $26B takeover deal with its competitor Sprint Corp has won the FCC head's support, marking a big step forward to the acquisition's approval, sending Sprint's stock up 23.5% to $7.64, while T-Mobile's shares surged 5.3% to $79.33.
Sports Direct International has dissolved its 4.8% stake in MySale Group, the Australian online retailer, in efforts to boost its operations as the company tries to acquire smaller rivals in the sector.
The US-Israeli cybersecurity firm Siemplify announced on Monday it had raised $30M in a private funding, bringing the company's total attracted to the date to $58M.
LVMH, France's luxury goods group, agreed to acquire Le Chateau du Galoupet, the wine producer, for an undisclosed amount, boosting its portfolio of the top spirits and wines, such as Hennessy Cognac and Veuve Clicquot champagne.
Goldman Sachs has entered talks to acquire B&B Hotels from the private equity group PAI Partners in a potential deal that could be valued at $2.1B, according to the Financial Times.
On Monday, Ford Motor stated it would slash around 10% of the carmaker's global salaried workforce, trimming up to 7K jobs by the end of summer amid its global restructuring, which would save the company $600M annually.
The European Union and China regulators have inked the landmark aviation agreements that should bolster cooperation between the two regions in the sector, China's state media CCTV reported on Monday.
On Monday, the World Trade Organisation's quarterly forecast indicator showed that the trade growth for global goods was likely to remain unchanged at its nine-year low of the 96.3 reading.
Tencent Video delayed the "Game of Thrones" finale broadcast in China on Monday from the originally scheduled time of 0100 GMT, citing media transfer issues, which caused anger from its users with some of them demanding refunds for the memberships, Weibo said.
On Monday, China's gaming giant NetEase announced it would launch new official games for its domestic market in a partnership with Marvel and The Pokemon Company, seeking to add more overseas content to the roster.
China's smartphone maker Xiaomi reported on Monday its Q1 revenue surged as much as 27% to 43.8B yuan, driven by its sales steady growth oversees, topping analysts' estimates for 42.109B yuan.
Germany's Infineon suspended its chip shipments to China's Huawei Technologies, as the US President Donald Trump's crackdown on the tech group has already hampered the chipmaker's supplies beyond the US, Nikkei reported on Monday.
On Monday, Australia's Lynas Corp, the rare earths producer, signed a MoU with Blue Line Corp seeking to build up a facility of rare earths separation in the United States.
Spain's Abertis is considering its minority stake sale in some motorway units, including the 35% in France's unit Sanef in A65, according to Reuters sources.
The EU biggest retailer Carrefour is considering a minority stake sale in the loss-making Chinese business, which is valued at $1.0B in total, already looking for potential buyers and hiring BNP Paribas to advise the company on the deal, according to Reuters.
Australia's Scentre Group stated that Perron Group, its privately owned property investor, would acquire a 50% majority stake in the Sydney shopping centre for $396M.
South Africa's Aspen Pharmacare sold its Australian prescription portfolio to Mylan NV in a deal valued at $130M, the drugmaker announced on Monday.
On Monday, Purplebricks Group has appointed Phil Felice as the company's new interim CEO of the US operations to oversee its online business review, expressing optimism about its future.
Google suspended some business with China's Huawei that requires software, hardware an technical services transfer, except publicly available ones, as it had been included in the US President Donald Trump's blacklist, Reuters reported on Sunday.
The supercomputer manufacturer Cray confirmed it would be acquired by Hewlett Packard Enterprise in a net or cash deal valued at $1.30B, with HPE seeking to expand its presence in federal business and academia.