Line shares jumped 17% on Tuesday after the Nikkei reported that Japan's chat appllication operator is likely to tie up with China's Tencent Holdings.
The Italian government stated that it stuck to the main budget goals for 2019, awaiting cost analysis of the main spending measures, tough left open the possibility of cutting the deficit target.
United Technologies stated it would split into three firms consisting of its elevators, aerospace and building divisions, following the completion of the company's $30B acquisition of Rockwell Collins.
Profits at industrial firms in China slumped for a sixth month in succession in October, as demand weakened further due to mounting unclarities stemming from the US-China trade war.
The Finance Minister of Maldives revealed on Monday that China is executing various infrastructure projects in the Maldives at inflated prices. Moreover, the government of Maldives cannot get out of the already made commitments.
On Monday, the Chief Executive Officer of Saudi Aramco announced that the Saudi Arabian government owned oil company intends to become a global industry leader in the chemical sector.
Although OPEC has set limits on oil production output next year, the government oil company of Saudi Arabia Saudi Aramco has announced that it intends to expand its market share in Asia.
On Monday, the financial media attributed the gains in stock indices to the traditional Cyber Monday sales, as retail stocks gained the most value.
The representatives of the Chinese and Indian governments have announced that they support the reform of the World Trade Organization. The reform is being proposed by the European Union officials.
On Monday, the value of the common European currency increased due to rumors that the Italian government might decrease its fiscal budget deficit goal.
As the European Union proposed World Trade Organization reforms on Monday, the representatives of the United States did not respond to the European announcement.
During Monday's trading session oil prices surged above sixty dollars per barrel. Although, this level was still far away from the previously experienced high levels above the seventy dollar mark.
The Prime Minister of the United Kingdom Theresa May and her top Ministers on Monday agreed to continue to prepare for a hard Brexit scenario, despite making a deal with the EU on Sunday.
On Monday, the World Trade Organization published its quarterly indicator that measures global trade. Financial markets were not surprised that the indicator confirmed the suspicions that global trade has continued to slow down.
On Monday, the incoming CEO of Airbus in Europe hinted that next year a decision whether to launch a new plane will be made. The company will decide whether to launch a longer version of the company's best-selling A321 model.
The representatives of the European Union have published various proposals for a World Trade Organization reform, which would stop the deadlock in talks with the United States.
General Motors is set to trim its North America's workforce, cutting its vehicle production and halting the output of some low-selling car models, on the back of its largest reshuffle in North America since firm's bankruptcy ten years ago.
Deutsche Telekom is expecting to win the EU unconditional antitrust approval on its takeover bid for a Dutch unit of the Swedish peer Tele2, sources reported on Monday.
The home-renting firm Airbnb stated on Monday it had selected Amazon.com's veteran Dave Stephenson as its new CFO.
Swedish water-saving company Orbital Systems closed a $17.1M loan accord with the EU Investment Bank, seeking to scale up its output.
On Monday, the EU competition regulator has granted its approval for Germany's lender HSH Nordbank's sale to the private equity firms Cerebrus and J.C. Flowers.
Italy's gas group SNAM signed a deal with Volkswagen's unit Seat to bolster the natural gas usage to power vehicles, both companies announced on Monday.
The Greek third-biggest lender Eurobank has signed an all-stock deal to acquire Grivalia Properties, valuing the real estate company at $886M, the bank announced on Monday.
Oil price benchmarks on Monday were regaining some of their lost ground during the past weeks. However, the surge of almost two percent is insignificant, compared to the prior losses.