Total, the French energy group, is planning a sale of 30% stake in the pipeline network Trapil to Pisto SAS, the oil storage operator, in a deal valued at $289M on the back of the broader asset sale programme.
HSBC ousted its Chief Executive Officer John Flint in a shock member shift, which was needed to accelerate the strategy, including its US business turnaround, the EU largest bank's chairman stated on Monday.
Swiss Re's UK-based ReAssure division agreed to acquire Quilter's closed book business in a $515.19M worth deal that will add more than 200K customer policies and £12.0B of assets to the ReAssure platform.
On Monday, the South Korean industry data showed that sales of the Japanese car brands, such as Toyota Motor and Honda, dropped 32% and 34% respectively in July due to severing ties between two Asian countries.
The US activist hedge fund Elliott called on Germany's classifieds group Scout24 to sell its vehicle listings business and increase a share buyback programme to bolster investor returns.
Scottish voters are seeking for an independence vote from the United Kingdom, the Michael Ashcroft poll showed on Monday, with 46% of citizens claiming they would vote in favour of separation from the UK, while 43% of people voted against such a move.
On Monday, the Japanese telecommunication company SoftBank Corp stated its Q1 operating profit climbed 4% to $2.54B, pleasing analysts' estimates, as the mobile user numbers reached 372K, according to official data.
On Monday, the US broadcaster Fox Corp agreed to acquire fintech company Credible Labs in a deal that valued the online finance broker at $397M, as the Murdoch-owned group seeks for growth after its TV assets and film sale to Disney.
HSBC reported on Monday that its pretax profit rose 15.9% in the first half and announced future buyback of $1B, defying expectations that it could pause returning extra capital to investors.
Saudi Arabia, the world's largest oil exporter, cut its pricing for September sales of all crude oils to Asia, while increasing prices to buyers in the Mediterranean region and northwest Europe.
Apple kept leading the global tablet sector, with the company's market share reaching 38.1% in the second quarter, followed by Samsung with 15.2% and Huawei with 10.3% of the market share.
Zimbabwe raised the price of diesel and petrol up to 26% after the country's Finance Minister increased import tax over fuel last week, adding pressure on citizens fighting with triple-digit inflation.
The chemical sector in China saw faster value-added increase of 4.6% year-over-year in the first half of 2019, according to the report published by the NDRC.
The Russian Financial Minister Anton Siluanov stated that additional sanctions by the US would affect bilateral ties between Washington and Moscow, but the country's financial system is resilient to external pressures.
The United States and Japan agreed to target a broad bilateral trade deal by September, aiming to bridge difference in opinions on tariffs over beef and the automobile sector.
Economic sentiment fell in Cyprus last month, compared to June, resulting from a weaker business confidence in almost every main sectors driving the country's growth, according to the report.
Kia Motors announced its global sales of 225.9K units for last month, a 2.7% decline compared to the similar period in 2018.
Trade between Azerbaijan and Iran increased 2.2 times in the past six-month period compared with the 2018 same period, as both countries made investments in different fields, such as railway industry.
The car market in Germany grew markedly in July, with 333K cars sold in the period, up 4.7% year-on-year, while in the half-year period sales added 1.2% to reach almost 2.2M vehicles.
Elon Musk is set to launch his underground tunnelling enterprise's, known as The Boring Company, unit in China this month, the billionaire entrepreneur stated.
Singapore's manufacturing PMI increased to 49.8 in July from 49.6 in June, improving amid a marginal growth in factory output and new orders, as well as lingering rise in exports.
The number of foreign tourists travelling to Portugal grew 7.5% to 22.8M visitors in 2018, a sharp decline from a nearly 17% jump the prior year amid a decrease in visitors from the UK, its biggest market.
Net loss of Aeroflot almost doubled, rising to $220M In the first six-month period of 2019, compared to the similar period last year, dragged by disappointing fiscal Q1 results.
The consolidated budget deficit of Romania reached nearly €4.2B or 1.94% of the GDP in the period of January-June, compared to 1.58% in the H1 of the last year.