The Finance Minister of Paraguay stated that the country's economic growth was expected to come in under 3% compared with 3.2% forecast, as soybean production weakened due to poor weather in the H1 of the year.
The US payments firm PayPal is expanding in Europe by launching Xoom, the international service of money transfers in the UK and 31 other countries over the continent.
The Chinese industrial output expanded 6% in the first half of 2019, compared to the same period the previous year, the National Bureau of Statistics reports.
Indonesia reported a trade surplus of $200M in June after a trade deficit of $1.93B in the first five months of 2019, the country's Central Statistics Bureau reports.
The African Continental Free Trade Area will help countries in Africa to boost trade and achieve faster economic growth, a South African senior government official says.
Russian and Georgian policy makers are ready to resolve tensions in relations between the two nations, Leonid Kalashnikov, Chairman of the Russian State Duma's committee says.
Ethiopia and the UAE signed a $100M agreement to support small and medium businesses with an emphasis on innovation and technology sectors, the Ethiopian Prime Minister Office reports.
Huawei Technologies announced on Monday that it would invest about $3.1b in Italy during the next three years, but asked for fair policy in the development of 5G networks.
The US chipmaker Broadcom and the cybersecurity company Symantec have halted their negotiations over the merger deal, sending Symantec's shares down 18% to $21.01, while Broadcom's shares rose almost 3% on Monday.
On Monday, Callon Petroleum stated it would acquire Carrizo Oil & Gas in the all-stock deal worth $3.2B aimed to boost the company's presence in the Eagle Ford and Permian shale basins.
On Monday, Citigroup reported its quarterly profit rose 7% to $4.80B, or $1.95 for a share, helped by consumer lending strength and lower costs.
Didi Chuxing, the Chinese largest ride-hailing company, is set to allow its app users to access services provided by its rivals, such as FAW, Dongfeng and GAC, the company announced on Monday in a move to increase orders.
Over the weekend, the price for Bitcoin dropped ten percent. Financial media attributed the drop to fears of a crypto crackdown that could be caused by Facebook's Libra coin.
China's Ping An Insurance Group stated it was planning an investment in iTutorGroup, the online education company, seeking for expansion of the "smart education" business by promoting the AI technology application in education.
Adevinta, the Norwegian online advertising group, stated that the newly introduced French digital tax would likely affect the company's earnings on the back of its Q2 earnings report, which came barely in line with Adevinta's expectations.
France's automaker PSA Group announced on Monday its car sales plunged 12.8% in the year's first half due to heavy weight of the weakeing emerging markets affecting overseas operations.
AMP, the Australian wealth manager, stated on Monday it would likely drop its $2.3B life insurance unit's sale, following the New Zealand central bank's intervention, raising concerns over the company's recovery strategy, while also sending its shares plunging.
Britain's ROXi Music has hired Arden Partners, the UK investment bank, as the music streaming device maker is stepping closer to an initial public offering planned for this year's fourth quarter and aimed at the AIM of the London Stock Exchange.
Gilead Sciences is deepening its ties with Galapagos NV by investing $5.1B to increase its stake in the Belgian-Dutch biotech company, as it seeks for a ten-year partnership to develop and commercialise its treatments.
The Chinese economic growth pace weakened to 6.2% in the June quarter from a year earlier, the slowest pace in nearly 27 years, as demand abroad and locally faltered due to an escalating trade war with the US.
On Sunday, American Airlines Group announced that it is extending the cancelation of Boeing 737 MAX jets.
Israeli authorities on Sunday issued a tender for the fifth generation cellular frequencies technology. The country intends to launch the network in 2020.
On Sunday, it was announced by the Indian finance company Dewan Housing Finance that the company has experienced a dismal quarter. The stock of the company is expected to crash on Monday.
On Sunday, the Democratic presidential hopeful Elizabeth Warren announced to activists that the party has to embrace liberal policies, if the Democrats want to take the White House.