Facebook Inc announced on Monday that it has decided to increase minimum wage for American contractors to $20 per hour amid rapidly rising cost of living.
According to American officials close to the matter, the US believes that Iran was the mastermind of recent attacks on tankers off the UAE coast, though there is no evidence to prove that.
The Nivea products' manufacturer Beiersdorf announced on Monday acquisition of the US brand Coppertone from German Bayer for $550M.
Robert Kaplan, the President of Dallas Federal Reserve Bank, highlighted on Monday the importance of trade for wellbeing of the US economy and expressed a hope of improvement of relations with China.
The data provider Dealogic's owner, ION Investment Group, has acquired a controlling stake on Monday in the financial data and news company Acuris in a deal valued at £1.35B, including debt.
On Monday, Canada's WestJet Airlines announced it would be taken private by the equity group Onex Corp in the all-cash deal worth C$5.0B, including debt, with the WestJet shareholders to receive C$31 for every share held.
On Monday, the Brazilian airline Azul made another bid to acquire some assets of the bankrupt carrier Avianca Brasil, offering $145M, after it had walked away several months earlier.
The British government and its opposition Labour Party announced their talks on Brexit would resume on Monday at 1600 GMT, according to the schedule.
Amazon has released its machines designed to automate the job held by the company's workers: packing customers' orders, seeking to install them at its warehouses that may lead to job cuts of up to 2K employees.
On Monday, the meatless plant-based burger maker Impossible Foods announced it had raised $300M in its latest funding round right ahead of a potential initial public offering.
On Monday, Kenya's Competition Authority granted its approval for a proposed merger deal between NIC Group and Kenya's Commercial Bank of Africa, according to regulator.
Volkswagen's Scania teamed up with Sweden's Northvolt on the battery supply deal, launching talks about equity investment in Northvolt's efforts to attract €1.5B.
Tencent Holdings announced on Monday that its alternative game to PlayerUnknown's Battlegrounds earned the company $14 million during the first 72 hours since its launch.
During early Monday's trading hours, crude oil prices surged. The move was attributed to supply disruptions in the Middle East.
The largest auto company on the Chinese market, SAIC Motor Corp, reported weaker sales in the 2019 year's first four months, saying car sales dropped 16.8% YOY to 1.99M units.
Cecilia Malmstroem, the EU Trade Commissioner is expecting the US President Donald Trump to postpone the May 18 deadline for the US tariffs on vehicles imported from the bloc, according to the Sueddeutsche newspaper.
Kering, the French fashion group that owns Saint Lauren and Gucci, set out the guidelines on animal welfare, as the luxury company seeks to tighten its ethical standards.
On Sunday, Bayer stated it hired an external law company to launch an inquiry into the French media complaints, alleging its recently acquired US seed maker Monsanto had compiled an influential personalities file.
Auto sales in China fell 14.6% year-on-year in April, the country's largest vehicle industry association reported on Monday, marking the tenth consecutive month of the slump.
Fagron NV, Belgium's pharmaceutical ingredients group, announced on Monday it would acquire Mexico's Central de Drogas in an all-cash deal worth $18.39M, as it seeks to expand its footprint in Latin America.
Euronext, the EU stock market operator, won clearance from the Norwegian Ministry of Finance to acquire Oslo Bors, pushing the company closer to a victory in its battle with Nasdaq.
Shares in Australia's Lendlease Group surged 9.7% to A$13.97 on Monday on a media report suggesting it became a takeover target, while the construction company said no "approach" had been received yet.
On Monday, Mike Pompeo, the US Secretary of State, is heading to Brussels to hold talks with the EU officials over Iran and other issues, before his trip to Russia to meet the Russian President Vladimir Putin in Sochi.
The welding and valves producer Colfax Corp is nearing a sale of its gas and air handling unit to the PE group KPS Capital Partners for over $1.8B, a deal that would help Colfax pay down its debt after acquiring the DJO Global medical devices maker for $3.15B.