In an effort to compete with Amazon, Walmart has announced that it is introducing one-day free shipping in the US. The announcement comes a couple of weeks after Amazon did the same.
On Tuesday, the Chinese Yuan and the Australian Dollar increased in value against the US Dollar. The event was attributed to the continuation of the decline of the USD due to recently enacted tariffs on the US by China.
Indonesia's Central Bank is expected to keep the main interest rate unchanged for a sixth policy meeting in succession, as rising US-China trade tensions renewed pressure over the Rupiah, a Reuters poll revealed.
The Trump administration announced that it is set to exempt a range of extra Chinese-made goods from 25% US tariffs, including industrial and water filtering equipment, remote control devices, small electric motors and stereoscopic microscopes.
Saudi Arabia slammed on Monday an attack on four oil tankers off the United Arab Emirates coast, saying that two of them belonged to the crown.
The Uber Technologies CEO Dara Khosrowshahi warned on Monday that the company's stock would remain under heavy pressure in the upcoming months amid ongoing doubts over the selected business model.
Facebook Inc announced on Monday that it has decided to increase minimum wage for American contractors to $20 per hour amid rapidly rising cost of living.
According to American officials close to the matter, the US believes that Iran was the mastermind of recent attacks on tankers off the UAE coast, though there is no evidence to prove that.
The Nivea products' manufacturer Beiersdorf announced on Monday acquisition of the US brand Coppertone from German Bayer for $550M.
Robert Kaplan, the President of Dallas Federal Reserve Bank, highlighted on Monday the importance of trade for wellbeing of the US economy and expressed a hope of improvement of relations with China.
The data provider Dealogic's owner, ION Investment Group, has acquired a controlling stake on Monday in the financial data and news company Acuris in a deal valued at £1.35B, including debt.
On Monday, Canada's WestJet Airlines announced it would be taken private by the equity group Onex Corp in the all-cash deal worth C$5.0B, including debt, with the WestJet shareholders to receive C$31 for every share held.
On Monday, the Brazilian airline Azul made another bid to acquire some assets of the bankrupt carrier Avianca Brasil, offering $145M, after it had walked away several months earlier.
The British government and its opposition Labour Party announced their talks on Brexit would resume on Monday at 1600 GMT, according to the schedule.
Amazon has released its machines designed to automate the job held by the company's workers: packing customers' orders, seeking to install them at its warehouses that may lead to job cuts of up to 2K employees.
On Monday, the meatless plant-based burger maker Impossible Foods announced it had raised $300M in its latest funding round right ahead of a potential initial public offering.
On Monday, Kenya's Competition Authority granted its approval for a proposed merger deal between NIC Group and Kenya's Commercial Bank of Africa, according to regulator.
Volkswagen's Scania teamed up with Sweden's Northvolt on the battery supply deal, launching talks about equity investment in Northvolt's efforts to attract €1.5B.
Tencent Holdings announced on Monday that its alternative game to PlayerUnknown's Battlegrounds earned the company $14 million during the first 72 hours since its launch.
During early Monday's trading hours, crude oil prices surged. The move was attributed to supply disruptions in the Middle East.
The largest auto company on the Chinese market, SAIC Motor Corp, reported weaker sales in the 2019 year's first four months, saying car sales dropped 16.8% YOY to 1.99M units.
Cecilia Malmstroem, the EU Trade Commissioner is expecting the US President Donald Trump to postpone the May 18 deadline for the US tariffs on vehicles imported from the bloc, according to the Sueddeutsche newspaper.
Kering, the French fashion group that owns Saint Lauren and Gucci, set out the guidelines on animal welfare, as the luxury company seeks to tighten its ethical standards.
On Sunday, Bayer stated it hired an external law company to launch an inquiry into the French media complaints, alleging its recently acquired US seed maker Monsanto had compiled an influential personalities file.