The biggest power utility corporation of the United States PG&E announced that the company is preparing the necessary documentation to file for bankruptcy. The bankruptcy was caused by the wildfires of 2017 and 2018.
On Monday, as the vote on the UK PM May's Brexit deal with the EU, the Prime Minister warned that Britain will be in peril, if the lawmakers do not approve the deal.
Citigroup Incorporate announced on Monday that the financial group has increased its quarterly profits by fourteen percent. The increase has been mainly gained by decreasing expenses.
Protestors have barricaded roads and are burning tires in the capital of Zimbabwe. The protests erupted due to a large fuel price increase.
On Monday, Newmont Mining Corporation announced that it will buy its rival Goldcorp Incorporate for $10 billion US Dollars.
ACWA Power is preparing to expand its manufacturing of solar panels and supply Saudi Arabia, which plans to invest in total $200 billion in solar power.
On Monday, it was announced that Saudi Arabia intends to create a two billion carbon black and solar complex. The project will be developed together with OCI from South Korea and Longi from China.
It was officially confirmed that the Greek Parliament will hold a confidence vote on Wednesday. The Prime Minister initiated the voted following the resignation of his coalition partner.
On Monday, it was announced by Indian officials that the government will increase its fertilizer subsidies by $4.2 billion. The main reason for the decision was the ineffective way the previous year'' budget was utilized.
The Italian Transport Minister Danilo Toninelli stated on Monday that the government hoped to come to an agreement with French colleagues on whether to build a railroad between Turin and Lion by May.
The Spokesman of China's Customs Service Li Kuiwen stated on Monday that the two most important threats for global trade this year are protectionism and external uncertainty.
Crude oil prices fell by 1.1% or 59 cents on Monday morning, reaching $51 a barrel, amid signs of weakening of both Chinese imports and exports.
The Foreign Minister of Japan Taro Kono stated on Monday that Russian President Vladimir Putin most probably would make an official visit to Japan in June.
The British International Trade Secretary Liam Fox stated on Monday that despite expectation of a successful outcome in voting in the House of Commons the government was preparing itself for Brexit without a deal.
The head of German Christian Democrats Annegret Kramp-Karrenbauer highlighted on Monday an unprecedented pressure on diesel made by the lobbyists of different environmental organizations.
Beauty products producer and retailer L'Occitane is expected to buy skincare and beauty brand ELEMIS for $900M, aiming to build premium cosmetics brands' portfolio.
Uncertainty over the UK economy and Brexit led demand for the county's financial services to shrink for the first time since 2013, a survey by PwC and CBI showed.
Singapore's CapitaLand bought the clutch of real estate investment trusts' owner from Temasek for about $4.4B in a deal expected to create the biggest diversified real estate group in Asia.
China's exports grew 9.9% in 2018, its strongest performance in seven years, despite increasing disruptions from a trade war with the US, customs data revealed.
According to publication made by the Les Echos newspaper, the arrested Chairman of Renault-Nissan alliance Carlos Ghosn received &8B from Dutch JV.
The Prime Minister of Greece Aleksis Alexis Tsipras stated on Sunday that he would initiate a confidence vote amid resignation of the country's Defence Minister.
On Sunday, famous French politician Marine Le Pen started her election campaign for the seat in the European Parliament via appeal to the protesting "yellow vests".
On Sunday, the US Senator Lindsey Graham urged Donald Trump to temporarily open the government to renew talks on budget spenditure, including for border issues.
Polish officials are considering banning Huawei product use by public officials. The announcement follows after the arrest of a Huawei official.