The UK largest carmaker Jaguar Land Rover is set to close Solihull plant for two weeks in October, after it reported an almost 50% fall in sales to China, as a trade war and import duties hurt demand.
China is set to increase the level of export tax rebate in the next month and quicken payments of export tax rebate to support foreign trade, as a trade war with the US escalates.
General Electric announced plans to sell a $1B portfolio in energy investments to Apollo Global Management, as it decided to shed assets in the finance arm to concentrate on its industrial business.
Rocket Software, the IT service company, stated that private equity firm Bain Capital agreed to buy the majority stake in the company in a $2B valued deal.
General Motors's quarterly sales in China declined for the first time in more than a year, affected by faltering economic expansion and a slowdown in the auto market due to the trade war with the US.
Microsoft Corp tested Project xCloud, the new game-streaming service, which was designed to work across consoles, PCs and mobile devices, the company stated.
Facebook has launched a smart speaker called "Portal" on Monday designed to make the Messenger video calls easier, which comes in two versions worth $199 and $349.
On Monday, FLIR System has released a new vehicle-mounted case with a few tiny surveillance drones designed for government agencies and military to gauge the surroundings.
On Monday, the offshore driller Ensco stated it would acquire its smaller rival Rowan in the all-stock deal worth $2.38B, seeking to expand and form partner relations with Saudi Aramco.
The US software titan Microsoft is likely to receive the EU antitrust regulator's approval for its takeover of the privately-owned coding website GitHub worth $7.5B.
Dominic Raab, the British Brexit Secretary, did not confirmed his arrival to Brussels this week, according to Downing Street.
Turkey is set to impose quotas on steel it imports, starting from October 17, with an extra 25% duty charged on the imports exceeding the quotas, a WTO filing showed on Monday.
Codelco is in negotiations to sell about 60K tonnes of copper annually to the Chinese company Minmetals in a potential three-year deal, starting from 2019.
The Chinese health industry group Evergrande's shares plunged 36.6% on Monday in the morning session on the EV start-up Faraday Future's intention to scrap a stake sale deal due to allegations that the payment conditions had not been fulfilled.
Matteo Salvini announced on Monday that the credit rating agencies have to be fair and that there is no possibility of Italy exiting the Euro zone.
On Monday, the High Court in London blocked a case against Google that claimed that the company was gathering sensitive data from iPhone users.
Russia's Foreign Minister Sergei Lavrov hold a telephone call with Iran's Mohammad Javad Zarif over the energy cooperation between two countries on Monday.
On Monday, French Connection shares surged 45%, after Britain's fashion retailer announced a possibility of sale as one of its strategic options.
Switzerland's UBS Group together with its French division and six senior executives are set to face trial on Monday over the alleged tax fraud by the Swiss bank in France.
Ramsay Générale de Santé, the French hospital operator, has sweetened its cash takeover bid for the Sweden-based healthcare provider Capio, binging the value of the company to $903M.
The British insurer Prudential is planning acquisitions and distribution partnerships in Asia with the Vietnamese and Indonesian banks, it said on Monday.
The fashion chain H&M is buying less than a 1% stake in the Swedish fintech firm Klarna in a deal valued at $20.39M.
The world's largest offshore wind company Orsted is set to acquire the US firm Deepwater Wind in a deal worth $510M, as it seeks for expansion in the growing market.
On Monday, South Korea's President Moon Jae-in stated that the leader of North Korea Kim Jong Un was likely to travel to Russia in the near future.