On Monday, LG Electronics announced the reorganisation of its loss-making smartphone unit to boost outsourcing of the company's low to mid-end mobile phones, in a potential attempt to reduce costs as well as compete with other Chinese rivals.
During Monday's Asian trading hours, global stock indices declined, as a recovery of the US Dollar fueled a minor risk asset sell off.
During early Monday's trading, the value of the Pound plummeted, as The Sun reported that the Prime Minister of the UK Boris Johnson could withdraw from trade talks with the EU.
Goldman Sachs' Chief Executive Officer for Middle East and North Africa, Wassim Younan, is planning to retire following almost three decades with the US bank, a memo showed.
Airbnb is planning to increase the price target range for the initial public offering to $56-$60 per share, marking demand for new US stocks.
The IRNA news agency reported on Sunday that Iran was preparing to boost oil exports if the US lift some sanctions under a Joe Biden presidency.
Europe's biggest online-only fashion retailer Zalando said in a statement that Rubin Ritter would step down as co-CEO at the next annual general meeting.
Indonesia has received its first COVID-19 vaccine from China's Sinovac Biotech, the Indonesian President Joko Widodo announced on Sunday.
Volkswagen's Chief Executive Officer Herbert Diess expects self-driving cars to be ready on the market from 2025-2030.
The Ministry of Economic Development of the Russian Federation expects inflation to reach 4.8% in 2020, compared to the prior year, official data show.
US exports of military equipment to foreign countries increased 2.8% to $175B in the latest fiscal year, data published by the US State Department show.
The economy of Gambia is expected to contract 1.5% in 2020 from a prior estimate of 6.5% growth, the Ministry of Finance and Economic Affairs reports.
The economy of Argentina is expected to contract 10.9% in 2020, an improvement from a previous estimate of 11.6%, data published by the Central Bank of Argentina show.
FTSE Russell, a British provider of stock market indices, will remove eight Chinese companies from its products after a US order to restrict the trading of their shares.
Lufthansa is expected to cut 29,000 employees by the end of the year and another 10,000 employees the next year, data published by the Bild am Sonntag newspaper show.
According to the IRNA news agency, Iranian government was ready to sell its oil abroad at full capacity in case the new US President would ease sanctions.
Herbert Diess, VW's Chief Executive Officer, stated on Sunday that self-driving cars most probably would appear on the market in 2025-2030.
On Sunday, the EU and UK representatives once again met in Brussels to negotiate trade agreement as a transition agreement expires on December 31.
Kia Motors will recall 295K US vehicles of some 2012-2015 models, including Sorento, Optima Hybrid and Forte, due to engine fire risks.
Blue Origin, Jeff Bezos-owned space company, is set to send the first woman to the surface of the Moon, the billionaire announced.
JD.com, the Chinese e-commerce giant, has become the first online platform in its home country to accept China's digital currency, the company stated earlier this weekend.
Lufthansa is planning to cut 29K jobs by the current year's end and shed 10K more staff in Germany in 2021 due to negative impact of the coronavirus pandemic.
On Saturday, Kia Motors announced that the company would recall 295,000 vehicles in the United States due to fire risks.
On Sunday, it was revealed that Hershey had struck a deal with Ivory Coast countries to address cocoa farmer poverty.