Danone is planning to sell its stake in China's dairy partner amid facing pressure from its shareholders to boost the French food group's performance and governance.
Volkswagen's unit Porsche has joined to a fundraising of the electric supercar maker Rimac Automobili, which expects to attract $157M-$181M, the carmaker's owner Mate Rimac said.
On Monday, Logitech International warned its operating income for the 2022 fiscal year is likely to slide following the 2021 boom caused by demand for its keyboards and mice for remote work and leisure during the pandemic.
AstraZeneca sold its 7.7% Moderna stake for over $1B after shares of the US biotechnology firm surged due to its COVID-19 vaccine breakthrough, according to The Times report.
According to data from the Australian and New Zealand Banking Group, Australia's home prices skyrocketed at the fastest pace in almost 20 years in February.
On Monday, Asian shares edged higher. MSCI's broadest index of Asia-Pacific shares outside Japan surged by 0.80%, Japan's Nikkei edged up by 2.1%, while Chinese blue chips added 0.5%.
According to data from the National Bureau of Statistics, the Chinese manufacturing activity increased in February.
On Sunday, Rishi Sunak, Britain's Chancellor of the Exchequer, said that the public finances problem cannot be fixed overnight.
The economy of South Korea is expected to expand 3% in 2021 from the previous year, a report published by the central bank of South Korea shows.
Retail sales in South Korea increased 6.1% in January, compared to the same period the previous year, the Ministry of Trade, Industry and Energy reports.
Saudi Aramco, a Saudi Arabian public petroleum and natural gas company, asked partners to extend a $10B loan the company raised last May, despite rebounding crude prices.
On Sunday, the Philippines President Rodrigo Duterte received the initial 600,000 doses of Sinovac Biotech's coronavirus vaccine, donated by the Chinese government.
On Sunday, Saudi columnists warned the Biden administration not to bully Saudi Arabia, as many Saudis flooded Twitter to support Crown Prince Mohammed bin Salman.
The Biden administration will make an announcement regarding relations with Saudi on March 1, the US President Joe Biden stated on Saturday.
The car production in the UK dropped 27.3% in January 2021, compared to the same period in 2020, the British Society of Motor Manufacturers and Traders reports.
The German Federal Employment Agency spent a record $73.9B in 2020 to cushion the impact of the pandemic, data published by the agency show.
The economy of Slovenia contracted 5.5% in 2020, compared to the previous year, a report published by the national Statistics Office shows.
US consumer sentiment declined in February as few consumers anticipate widespread and persistent economic growth, data published by the University of Michigan show.
The service sector in Italy contracted 12.1% in 2020, the biggest contraction on record, a report published by the National Statistics Institute shows.
The unemployment in Brazil increased to 13.5% in 2020, the highest level since 2012, data published by the Brazilian Institute of Geography and Statistics show.
The government plans to provide $7B of additional grants to support businesses hit by pandemic lockdowns, the British finance minister Rishi Sunak says.
The logistics sector in China expanded 3.5% in 2020, compared to the previous year, data published by the China Federation of Logistics and Purchasing show.
Manufacturing activity in China expanded in February, but at a slower pace, compared to the previous month, the National Bureau of Statistics reports.
Online brokerage Robinhood confirmed that US regulators had launched a probe into its trading curbs on its "meme stocks" after GameStop and other similar companies' shares surged during a social short-squeeze fuelled by media.