Walmart de Mexico reported that sales at its Mexican stores open for over a year increased 2.7% last month, compared with the January 2019 results, while its total sales in the country rose 4.2% in January 2020.
Amazon.com has appointed Mike Hopkins, currently chairman of Sony Pictures Television, as the head of the company's video platform "Prime", as well as TV and movie studios.
US district judge is likely to rule in favour of T-Mobile and Sprint merger, with the decision to be made public on Tuesday, according to the Wall Street Journal.
China's Geely Automobile has entered talks with Volvo over a possible merger of their businesses to establish a stronger global automaker with Hong Kong listings and possibly in Stockholm.
Xerox Holdings has increased its bid to acquire HP Inc from $22 for a share to $24, after several rejections of the previous buyout proposals made by the personal computer maker.
Wind turbine manufacturer Vestas announced on Monday that Google's plans to acquire a 12.5% shares in Africa's biggest wind farm have ended due to delay.
On Monday, Wall Street's main indexes continued to rally, as Nasdaq recorded a new high. The Dow Jones Industrial Average rose by 0.14% at 12:49 pm ET, while the benchmark S&P 500 gained 0.26%.
China's Geely Automobile has entered talks with Volvo over a possible merger of their businesses to establish a stronger global automaker with Hong Kong listings and possibly in Stockholm.
WeWork, the office-sharing start-up, temporarily closed its 100 Chinese buildings over the coronavirus outbreak, the company's Chairman Marcelo Claure announced on Monday.
Germany's Economy Minister stated on Monday that Tesla could receive state subsidies for its plan to build a gigafactory near Berlin.
On Monday, Xerox Holdings has increased its bid to acquire HP Inc from $22 for a share to $24, after several rejections of the previous buyout proposals made by the personal computer maker.
The Exor investment group, which controls the automaker Fiat Chrysler, has entered exclusive talks over the reinsurer PartnerRe sale to France's Covea; a potential deal that could be worth about $9B.
On Monday, NTT Docomo, the Japanese largest wireless carrier, and Sony Corp joined the list of companies which pulled out of the international telecoms conference hosted in Barcelona due to the coronavirus outbreak.
Glencore has secured a five-year agreement to supply up to 21K tonnes of cobalt to the battery producer Samsung SDI, on the back of rising demand for electric vehicles.
Carmakers including Tesla, Ford and Daimler are planning to resume their output at the Chinese plants after the coronavirus outbreak forced the companies to shut factories.
The economy minister of Germany stated that Tesla could get subsidies from the state for its gigafactory which is planned to be build near Berlin.
Japan's SoftBank Group is likely to report a drop in its Q4 profits, deepening concerns about the bank's ability to secure Vision Fund's funding and facing pressure by the activist fund Elliott Management.
Taiwan's Foxconn has been granted an approval to restart production at its plant in China's Zhengzhou that was suspended amid the coronavirus outbreak, Reuters reported on Monday.
The world's top phonemaker Samsung Electronics unveiled its new square-shaped foldable smartphones in a surprise ad aired during Sunday's Academy Awards.
White House has dismissed an idea from William Barr, the US Attorney General, that the US considered taking over of the two major foreign competitors of China's Huawei Technologies.
The Prime Minister of New Zealand Jacinda Ardern stated on Monday that the coronavirus outbreak would definitely affect the economy, though its impact would be managable.
Crude oil prices decreased 8 cents on Monday morning, reaching $50.24 a barrel, as traders focused on the upcoming production cuts by the OPEC countries.
According to sources with knowledge of the matter, Abu Dhabi government is in talks with banks for possible debt sales to the global markets.
According to the Wall Street Journal report on Sunday, Mattel Inc will shut down the Canadian factory after closing two manufacturing plants in Asia.