African countries have agreed on a free economic zone to unite 1.3B people and create a $3.4T economic bloc during the African Union summit in Niamey, Niger.
Jacek Czaputowicz, Poland's Foreign Minister, said on Monday that the country is open to the Chinese investments, especially in the manufacturing and innovative sectors and Greenfields.
On Monday, Mohammad Javad Zarif, the Iranian Foreign Minister, called on the UK to immediately release the capture of Iran's oil tanker in Gibraltar.
On Monday, a Reuters poll results revealed that new bank lending has reached a five month high level in China. It has occurred due to the government stimulating lending in the country.
Data published on Monday revealed that investor morale in the Euro Zone has continued to decline in July. Moreover, a recession is being expected in Germany.
On Monday, Deutsche Bank began cutting 18,000 jobs, which is part of a reinvention of the German largest bank.
Crude oil prices edged higher on Monday, buoyed by rising tensions between the US and Iran. The international benchmark for oil prices was up $0.34, while the US WTI was up $57.69 per barrel.
Simon Coveney, Ireland's Foreign Minister, said on Monday that the country would increase its plans for significant risk of no Brexit deal this week.
On Sunday, Equinor, the Norwegian gas and oil firm, announced it was planning a 16% stake sale it held in Lundin Petroleum in a deal worth $1.56B, seeking to acquire 2.6% shares of the Johan Sverdrup oilfield in return.
WeWork, the shared office space company, is planning to raise up to $4.0B in debt ahead of its initial public offering, seeking to fuel confidence of the investors in the company, sources reported on Sunday.
The UK companies are cutting their investment and hiring plans as the Brexit worries hit new high since the referendum decision in 2016, according to a Deloitte survey that showed 83% of chief financial officers believing the EU leave would hurt UK's long-term business environment.
The June foreign exchange reserves of China surged more-than-expected due to rising hopes for the trade truce between the Asian country and the US helped ease the downward pressure on the currency of Yuan.
Heavy truck sales in China recorded the biggest decline of this year to 100K units sold in June, down 11% from the prior year, according to the report.
Ford Motor Company reported that it sold 154K vehicles in the second quarter of this year in China, a 21.7% decrease from the same period in the prior year.
The UK competition regulator was reviewing Amazon.com's investment in the British food-delivery startup Deliveroo, as the Silicon Valley giant's expansion raised antitrust concerns in the markets over the globe.
The state-owned Trade Bank of Iraq was expanding into the Gulf and China, in a bid to lift revenues from international operations and retail banking to 30% by 2022 from 25% now, the Bank's Chairman stated.
Fast Retailing announced the plan to relinquish the unnecessary plastic's use and diminish the amount of product packaging and shopping bags 85% or around 7.8K tonnes annually by the end of 2020.
Hyundai Motor Group saw an increase in sales in the US for 11 months in succession, as the automaker sold 64.2K units in June, nearly 2% increase year-on-year, the company stated.
China is set to fend off foreign capital flow risks and keep opening up the country's foreign exchange market, the Chinese regulator stated.
Iran is expected to announce a rise in enrichment of uranium to 5%, a concentration over the limit set by the nuclear deal in 2015, in a move indicating a deepening challenge to escalating the US sanctions pressure.
The European Central Bank Policymaker Benoit Coeure stated on Sunday that Christine Lagarde is "uniquely qualified" to lead the bank, thus defending and supporting her nomination.
Saudi Arabian airline Flyadeal stated on Sunday that it would cancel an order of 30 Boeing 737 MAX planes and substitute it with Airbus A320.
The China's Ambassador to the United Kingdom Liu Xiaoming criticized on Sunday London's Cold War mentality and said that his country had no wish to wage a diplomatic war.
The Labour Party Spokesman Barry Gardiner stated on Sunday that the party would initiate a no confidence vote as soon as it collected enough support from members of the ruling Conservative Party.