Verizon Communications announced it is likely sell Tumblr, its blogging website, to Automattic, which is the owner of WordPress.com.
Foreign direct investment in China grew 7.3% year-over-year to $75.56B in the first seven-month period of this year, the Commerce Ministry stated.
Singapore slashed its economic growth forecast for 2019 to 0%-1% from the prior 1.5%-2.5% expectation, as global conditions worsened and data confirmed the weakest growth pace in a decade due to mounting fears of recession.
Colombia's commerce regulator stated it would fine Uber Technologies more than $629K for obstructing a 2017 regulatory visit.
The Argentine Peso fell by 30.3% to a record low against the US Dollar on Monday, as the country's primary vote suggests a return to interventionist economics.
According to sources with knowledge of the matter, South Korea plans to drop Japan from its fast-track trade white list.
Diageo Plc, the British beverage giant, has signed an agreement with Cuba's Ron SA to market the Cuban rum. The deal comes at a time when the US is trying to dissuade investment in Cuba.
Italy's political parties were expected to meet on Monday to discuss whether to recall the parliament immediately, as the right-wing party's leader Matteo Salvini election bid meets resistance.
On Monday, Rite Aid Corp has appointed Heyward Donigan as the company's new Chief Executive Officer, seeking to halt sales declines, triggered by intense competition, with her competence in managing healthcare firms.
Deliveroo, the UK food delivery service, is set to halt its operations in Germany by the end of this week, shifting its focus to other markets, the Amazon-backed company's spokesman stated on Monday.
Germany's exports to Iran halved by 48% to $758.8M in the year's first half, according to data seen on Monday, tumbled by sanctions against Tehran reimposed by the United States.
Iberdrola, the Spanish energy company, is planning a 40% stake sale in East Anglia One, the UK offshore wind project, to Green Investment Group in a deal valued at $2.0B, Iberdrola stated on Monday.
The short-video app TikTok owner ByteDance, has released to China its new search engine, entering the sector dominated by its rival Baidu.
During the Asian trading session on Monday, the Japanese Yen surged in value. The move was attributed to a minor run to safe assets.
On Monday, S4 Capital, the new advertising vehicle owned by Martin Sorrell, has taken over an influencer marketing firm IMA in a deal valued at €10.0M to combine it with the company's MediaMonks content arm to boost production output.
The new energy vehicles sales in China dropped 4.7% to 80K units in July, compared to the previous year, for the first time in over two years, according to data provided by the country's largest car industry association.
On Sunday, Austria's sensor specialist AMS has launched bidding war for Germany's Osram, seeking to pay $3.8B for the lighting group's shares, topping Bain Capital and Carlyle offer by 10%.
Lard Friese, the NN Group CEO, is set to move to the competitor Dutch insurer Aegon, starting next year, to succeed the current Chief Executive Alex Wynaendts, the companies announced on Monday.
Canada's biggest airline Air Canada lifted the value of its bid to acquire Transat AT, the Canadian tour operator, to about C$720M, or C$18 for a share, both companies stated in a statement.
Goldman Sachs stated that fears of the US-China trade war leds to a recession were increasing and that they no longer expect a trade deal between two countries before the US presidential election.
A total of 18.7K units of new personal vehicles were sold in Ireland last month, down 9.7% compared with the same period of last year, the latest report from the CSO revealed.
Björn Rosengren, the CEO and President of Swedish equipment producer Sandvik AB, has decided to leave the company next February.
According to Brazilian media, Germany has decided to cancel a $39M transfer to Brazil aimed at helping fight deforestation.
On Sunday, BlackRock's Long Term Private Capital fund has completed acquisition of a $875M stake in Authentic Brands Group, thus becoming the company's largest shareholder.