On Monday, the Chief Financial Officer of BMW Nicolas Peter announced that the company is expecting difficulties in the 2019 caused by currency exchange rate and commodity price fluctuations.
After GlaxoSmithKline announced the acquisition of the cancer specialist Tesaro, the company's shares began to decline. The reason for the decline was that the company is paying a 110 percent premium on the acquisition and takes on Tesaro's debt.
The government of Switzerland announced on Monday that the government has launched various measures, which will protect the Swiss domestic stock market in case the EU blocks EU based investors from trading on the Swiss exchanges.
On Monday, the Prime Minister of France met with the leaders of political opposition, tasked by the French President with finding a solution to the rioting in Paris.
As US Donald Trump tweeted that China has agreed to cut taxes on autos made in the US, the share prices of Daimler AG and BMW rose in value. Although these car companies are not American, they produce in the US.
On Monday, the administration of the US President Donald Trump announced that in the near future the President will discuss the ongoing arms race with Russia and China.
The Foreign Minister of Germany announced on Monday that pulling out of the pipeline project Nord Stream 2 would diminish Germany's bargaining power with Russia.
The Canadian manufacturing sector data, which was published on Monday, revealed that manufacturing growth in Canada reached a three month high level in November. The main reason for the event was an increase in new orders.
The German conservatives, who are close allies of Angela Merkel's party, are questioning whether the Nord Stream 2 gas pipeline project should be continued, as tensions rise in between Russia and Ukraine.
On Monday, Wall Street stock indices started the day's trading higher than the previous close. The main reason for the surge was the trade truce done by US President Donald Trump and China's President Xi Jinping.
China's Tianqi Lithium has acquired a 23.77% stake in Chile's lithium miner SQM from Canada's fertilizer giant Nutrien for a price of $4.066B in total.
The Oil Minister of Iran on Monday announced that the Iranian oil industry is the main tool of the country on the front line against the enemy of Iran. He also added that Tehran has to counter US efforts to pressure Iran.
GFG Alliance, the privately-held firm by Britain's industrialist Sanjeev Gupta, has closed a deal worth $320M to take over the US steel wire maker Keystone Consolidated Industries.
The US sales of new Honda and Toyota vehicles plunged 9.5% to 120,534 units and 0.6% to 190,423 cars respectively in November, Japan's automakers reported on Monday.
GlaxoSmithKline agreed on a deal to acquire the US cancer drugmaker Tesaro for $5.1B, the major biotech investment made by the drug specialist, as it hopes to reform its pharmaceuticals portfolio.
On Monday, Tencent Music Entertainment has launched its initial public offering in the United Stated worth up to $1.2B, after the stock markets were bolstered by the China-US trade truce.
Norway biotech firm Ultimovacs is planning to attract about $82M in an IPO scheduled for early 2019 to develop immunotherapy cancer treatment.
On Monday, Qatar announced about leaving the OPEC starting from the next year with intention to focus on the country's has ambitions, as it took a swipe at Saudi Arabia, de facto leader of the group.
On Monday, oil price benchmarks traded five percent higher. The reason for the jump was the announcement of upcoming oil production cuts and the trade truce made by the US and China at the G20 summit.
On Monday, as the stock exchanges opened in Europe, investors began selling French stocks. The selloff mostly affected tourism and supermarkets stocks.
Unilever announced on Monday it agreed to acquire GlaxoSmithKline's health drinks and food business in Bangladesh, India and 20 other Asian markets.
On Monday, S4 Capital, a new company owned by Martin Sorrell, said it had entered the advanced talks yo acquire San Francisco's advertising group MightyHive.
On Monday, the Nesle Chairman Paul Bulcke stated that the food titan's stake in France's cosmetics firm L'Oreal was active on its board's agenda, a statement that could possibly launch a fresh speculation round.
Singapore's ride hailing company Grab has entered the advanced talks over investing $100M in the Indian hotels start-up Oyo, according to the Economic Times report published on Monday.