PetroChina, the largest gas and oil producer in China, reported steady growth in revenue to $87.8B in the first quarter, an 8.9% yearly increase, the company's financial report showed.
Germany and France asked the European Commission to accept state subsidies for the battery cell consortium, which involved carmaker PSA with Germany's subsidiary Opel and Total's Saft.
OTP, the Hungarian banking group, is eyeing new acquisition deals in the former Yugoslav nations, seeking to expand its regional influence and keep rapid asset growth.
Potential bidders for the Italian energy firm Sorgenia are seen to submit their interest expressions by May 6, Reuters reported on Monday.
On Monday, Sky News reported the German largest insurer Allianz stated it was in advanced talks to acquire Legal & General home insurance unit potentially for about £400M.
On Monday, Parker Hannifin, the US industrial conglomerate, announced it would acquire the privately owned LORD Corp in an all-cash deal valued at $3.68B, after hiring Barclays as the group's financial adviser.
Dubai carrier flydubai has entered talks with Airbus over a potential acquisition deal of the plane maker's A320neo aircraft, as the airline currently operates only a Boeing 737 planes fleet, its chairman stated on Monday.
The sub-prime lender NSF has granted its competitor Provident Financial more time to accept the $1.68B hostile takeover bid, it announced on Monday.
The world's biggest meatpacker Brazil's JBS SA announced it had signed a deal to acquire Adelle Indústria de Alimentos, the local pork processor, for $59.8M.
On Monday, the US Dollar surge stopped. Some financial media attributed the event to US data no longer providing a boost. Meanwhile, Dukascopy Analytics note that there is not even minor notable data being released today. The USD is experiencing a normal consolidation after having large gains.
The President of the Emirates Airline Tim Clark announced on Monday that he is confident that Boeing will resolve issues that have been plaguing the 737 MAX airplane model. The news indicate that the company might buy the airplanes, boosting Boeing stock price.
On Monday, the German car supplier Bosch has signed a pact with Powercell Sweden to jointly launch mass production of hydrogen fuel cells designed for electrifying the heavy-duty commercial autos.
AT&T's Q1 revenue missed Wall Street analysts' forecasts on Wednesday, following subscribers loss in almost of its core businesses.
Saudi Arabian Industrialisation and Energy Services Company announced that Arabian Drilling Company, its drilling unit, would acquire Schlumberger's Middle East drilling rigs division for $145M.
On Monday, the Spanish state-owned lender Bankia posted a 10.8% drop in its Q1 net profit from the last year's results amid current pressure on the lending income and lower trading income.
Philips, the Dutch health technology firm, reported on Monday a 6% jump in its Q1 core earnings, but did not meet analysts' forecasts due to bleak sales growth.
The Italian Deputy PM Luigi di Maio has set next Tuesday as the deadline for any bid to participate in the struggling carrier Alitalia's rescue plan, with the US airline Delta Air Lines and Italy's Ferrovie dello Stato ready to contribute to the bid.
Pioneer Natural Resources has entered the advanced talks over a sale of the company's Eagle Ford acreage, located in South Texas, to Ensign Natural Resources, the privately-held energy producer, sources confirmed.
Arabian Centres, Saudi Araboia's mall operator, is set to raise up to $836M in its planned initial public offering, which could become the country's largest since its National Commercial Bank raised $6B in 2014.
On Sunday, Israeli Delek Group confirmed its offer made via the Ithaca unit to acquire Chevron's gas and oil fields in the UK North Sea for about $2.0B, according to a Reuters report.
The US gas and oil production company Anadarko Petroleum has decided to launch negotiations with Occidental Petroleum over selling itself, after it had agreed on the same deal with Chevron Corp.
Gardner Denver Holdings, the industrial machinery maker, is close to clinch a merger deal with the Ingersoll-Rand division, establishing a business with a market value of around $15B, including debt, the WSJ reported on Monday.
Saudi Basic Industries Corporation's net profit dropped 38.1% on a yearly basis to $910.64M in the first quarter, the statement by the Tadawul showed.
Iran exported more than 16K tons of tea worth $19M to 37 countries in the last reporting year from March 2018 to 2019, a 2.3% annual increase in value.