Donald Tusk, the EU Council President, stated on Monday he considered the Brexit delay, beyond its scheduled date of March 29, a "rational solution" due to no majority had been gained for Britain's exit approval.
On Monday, Britain announced it would impose a ban on the Lebanese Islamist group Hezbollah as a terrorist organisation amid destabilising influence in the Middle East.
The EU Bank for Reconstruction and Development appointed Beata Javorcik, the Oxford University professor, as the new Chief Economist to succeed the incumbent Sergei Guriev, starting September 2019.
On Sunday, Finland's HMD Global has launched a new handset Nokia 9 PureView, the world's first five camera array smartphone, based on Google's Android One with a two-year operating system upgrades guarantee.
On Monday, the head of Vodafone announced that the US authorities have to share information about Huawei with European officials. That way the EU might evaluate the reasons for the US ban on the company's products.
During the weekend Huawei revealed a new 5G smartphone, which has a record price of $2600. Meanwhile, the US still wants to globally ban Huawei from the 5G network.
Japan's Sony has announced its new Xperia 1 smartphone with the 21:9 ratio film-style screen at Barcelona's Mobile World Congress on Monday, seeing to capitalise on its film pedigree.
The German automaker BMW was fined by the Munich prosecutors $9.65M for administrative lapses, as it had installed the faulty engine software into almost 8K vehicles, which led to higher emissions.
The German digital mapping company HERE Technologies has partnered with the Chinese firm Navinfo to expand its location services in China.
On Monday, Australia's Brambles stated it was planning to sell the plastic containers business and the private equity unit to Abu Dhabi wealth fund for $2.51B, seeking to launch shares buyback.
France's Ipsen is set to acquire the US peer Clementia Pharmaceuticals for about $1.31B, the firms announced on Monday, to boost the French healthcare company's portfolio.
Ericsson, Sweden's mobile network equipment developer, announced on Monday it would acquire the German firm Kathrein's filters and antenna division, seeking to expand its portfolio of 5G products.
KKR, the US private equity firm, is considering to make a bid for Walmart's Asda, after the merger talks with its UK competitor Sainsbury falter due to competition concerns, according to The Sunday Times.
On Monday, Intel Corp announced new partnership deals and chips, seeking to persuade investors that its R&D investment in 5G network technology would pay off.
On Sunday, LG Electronics revealed its new 5G smartphone with dual screen, as the South Koren tech giant seeks to revive its flagging sales with a brand new design feature.
On Sunday, Vivendi announced it would back the network merger between Telecom Italia and its competitor Open Fiber under the right conditions, while resuming its attacks on the US activist fund Elliott.
Berkshire Hathaway has entered talks over a possible sale of its workers compensation unit, Applied Underwriters, to an insurance firms consortium, according to some sources familiar with the issue.
Caesars Entertainment, the US casino operator, is considering to make an offer to Carl Icahn to select the operator's new CEO on the back of the settlement, which would also grant the investor board seats, sources reported on Sunday.
The UK Prime Minister Theresa May considered the plan under which the country's exit from the EU could be delayed for nearly two months, the Telegraph stated.
The US President Donald Trump stated he would postpone an increase in tariffs on China's goods owing to productive trade negotiations and meet with the Chinese President Xi Jinping to seal the deal, if progress continues.
Food firm Kraft Heinz hired banker to review options for the company's Maxwell House coffee business, such as a potential sale, the report by CNBC showed, citing sources familiar with the matter.
The UK services industry was its gloomiest since the financial crisis in 2009 amid a negative impact from Brexit unclarities, the Confederation of British Industry stated.
On Sunday, the United States and China held another round of talks related to discussion of ways of enforcement of a possible trade deal.
On Sunday, the European Union and Arab League held a joint summit devoted to discussion of regional crises and ways to resolve them.