The Prime Minister of the United Kingdom Theresa May and her top Ministers on Monday agreed to continue to prepare for a hard Brexit scenario, despite making a deal with the EU on Sunday.
On Monday, the World Trade Organization published its quarterly indicator that measures global trade. Financial markets were not surprised that the indicator confirmed the suspicions that global trade has continued to slow down.
On Monday, the incoming CEO of Airbus in Europe hinted that next year a decision whether to launch a new plane will be made. The company will decide whether to launch a longer version of the company's best-selling A321 model.
The representatives of the European Union have published various proposals for a World Trade Organization reform, which would stop the deadlock in talks with the United States.
General Motors is set to trim its North America's workforce, cutting its vehicle production and halting the output of some low-selling car models, on the back of its largest reshuffle in North America since firm's bankruptcy ten years ago.
Deutsche Telekom is expecting to win the EU unconditional antitrust approval on its takeover bid for a Dutch unit of the Swedish peer Tele2, sources reported on Monday.
The home-renting firm Airbnb stated on Monday it had selected Amazon.com's veteran Dave Stephenson as its new CFO.
Swedish water-saving company Orbital Systems closed a $17.1M loan accord with the EU Investment Bank, seeking to scale up its output.
On Monday, the EU competition regulator has granted its approval for Germany's lender HSH Nordbank's sale to the private equity firms Cerebrus and J.C. Flowers.
Italy's gas group SNAM signed a deal with Volkswagen's unit Seat to bolster the natural gas usage to power vehicles, both companies announced on Monday.
The Greek third-biggest lender Eurobank has signed an all-stock deal to acquire Grivalia Properties, valuing the real estate company at $886M, the bank announced on Monday.
Oil price benchmarks on Monday were regaining some of their lost ground during the past weeks. However, the surge of almost two percent is insignificant, compared to the prior losses.
On Monday, the stock prices on the European stock exchanges rallied. Signs of an Italian budged review were stated as the main reason for the surge by financial media outlets.
Credit Agricole's CEO Philippe Brassac stated on Monday the French bank had no plans to take over Germany's peer Commerzbank, as it sought for organic growth amid its strategy set up until 2019.
Norway's DNO has launched a hostile bid to acquire Faroe Petroleum in a potential deal that values the British firm at $779.81M to diversify gas and oil activities and boost earnings growth.
Kering, France's luxury goods group, revealed new measures to speed up its e-commerce and digital presence by signing a partnership deal with Apple.
Papua New Guinea stated it would uphold the deal with Huawei Technologies to build internet infrastructure, dismissing proposals from the Western countries to take over the deal.
On Monday, Japan's Daikin Industries stated it was set to acquire Austria's AHT Cooling Systems in a deal worth $1.0B, as the Japanese company seeks global expansion outside the air-conditioning business.
Saint Gobain, the French construction materials company, revealed its new management structure and business strategy that are believed to improve the firm's margins and make it more cost saving.
On Monday, Mitsubishi Motors' board is set to hold a meeting to remove the Chairman Carlos Ghosn from post after the arrest for allegations on financial misconduct.
The global mining company Rio Tinto stated on Monday it would sell the entire 68.62% stake in Rössing Uranium worth about $106.5M to China National Uranium.
On Sunday, Panalpina stated it would like to stay an independent firm, after Kuehne & Nagel, its Swiss rival, announced it was thinking over making an approach to acquire the company.
Japan's Alps Electric is planning to bolster shareholder returns after completing a planned takeover of its affiliate Alpine Electronics, in a move that has been welcomed by Elliott Management.
Logitech International , the Swiss keyboards and webcams manufacturer, ended negotiations to acquire Plantronics, the US maker of Bluetooth earpieces and gaming headsets, the companies stated.