On Monday, the e-learning firm Skillsoft Corp announced it had filed for the Chapter 11 bankruptcy aiming to reduce its debt worth around $2B, adding it had also agreed with its lenders on restructuring agreement to cut the debt to $410M.
Volkswagen AG's Mexican arm is set to start sending its workers back to the Puebla plant on Tuesday, aiming to prepare and train eyeing a gradual launch of operations further ahead.
On Monday, Unilever Plc announced a €1B investment in the climate change projects, claiming reduction to the net zero greenhouse gas emissions by 2039.
The Spanish government plans a €3.7B financial package for its auto industry, Spain's Prime Minister Pedro Sanchez announced on Sunday.
Britain's Chancellor of the Exchequer Rishi Sunak stated on Sunday that the UK government could make changes to a 14-day quarantine for travellers coming to the country.
Drugmaker AstraZeneca has agreed to supply 400 million doses of coronavirus vaccine to Europe's Inclusive Vaccines Alliance.
The Spanish Prime Minister Pedro Sanchez announced on Sunday that Spain would open its borders for the Schengen zone countries on June 21.
World trade is expected to decline sharply in 2020 amid the coronavirus pandemic, a statement published by the World Trade Organization shows.
The Russian Foreign Minister Sergey Lavrov and the Defence Minister Sergey Shoygu visit Turkey to hold talks on the regional issues.
The Palestinian Authority asked the Arab states for a $100M monthly loan to help overcome its financial crisis, a senior Palestinian official says.
Commercial vehicle sales in China increased to 520T in May, an increase of 48% compared to the same period the prior year, the China Association of Automobile Manufacturers reports.
The PBOC and the China Banking and Insurance Regulatory Commission gave a green light to the American Express to conduct payment card clearing operations.
The Chinese postal sector expanded 21.9% to $13.4B in May, compared to the same period in 2019, data published by the State Post Bureau show.
China government has supported a plan for the development of an East Asian digital currency linked to various Asian currencies.
Investor confidence lowers as the yield of 10-year US Treasury bonds slides to 0.7% from 0.9% in the first week of June.
As the pandemic-related plunge of oil price has caused investment shortage for its rivals, OPEC foresees a stronger position in the future.
Spain plans to unlock its borders to the EU Schengen area countries from June 21, excluding Portugal.
The Britain Finance Minister urged to take measures softening social distancing rules to assist economic recovery.
Germany introduces a plan to boost small and medium business training programs to prevent coronavirus-caused turbulences.
44M claimed jobless in the US during the past 3 months, however, the unemployment rate is expected to decrease to 6.5% by the end of 2020.
Based on the incoming data, the IMF plans to lower the 2020 global economic growth projections in the outlook to be released on June 24.
On Sunday, Australia's officials announced to lighten quarantine measures regarding public gatherings from July.
AT&T was discussing its Warner Bros. gaming division's sale in a deal, which could fetch about $4B, CNBC reported.
State investigators in Washington and California were examining Amazon's business practices over selling own products in the competition with third side vendors.