During Monday's Asian and European trading hours, global stock prices surged, as China published better than expected economic recovery data.
On Monday, Saudi Aramco announced it had hired banks for its planned multi-tranche US dollar-denominated bond issuance amid the oil giant's intention to attract cash due to lower oil prices.
On Monday, PNC Financial Services Group stated it would acquire the US banking arm of Spain's lender BBVA in a cash-deal valued at $11.6B, further consolidating the banking sector in the United States.
Walmart is selling the majority stake it owns in Seiyu, the Japanese supermarket chain, in a deal worth over $1B to investment company KKR and the e-commerce firm Rakuten.
According to data released on Monday by the National Economic and Social Development Council, Thailand's GDP declined by 6.4% in the third quarter.
According to industry records seen by Reuters, Innovative Medicines Canada, the industry's lobby group in Canada, has offered the Canadian government C$1B to drop some pending pricing regulations.
On Sunday, Ron Klain, the chief of staff to the US President-elect Joe Biden, urged the US Congress to pass new COVID-19 relief package.
On Sunday, Manuel Merino, the Peruvian interim President, has resigned after a night of demonstrations that left two people dead and dozens injured.
According to the Macroeconomic Policy Institute, the risk of Germany of falling into recession this winter had slightly increased, though remains quite low.
Top advisers of the US President-elect Joe Biden urged him on Sunday to take measures to contain the spread of coronavirus.
The European Union Internal Market Commissioner Thierry Breton said on Sunday that technology firms could be banned from providing services in Europe if they breached EU rules.
On Sunday, the Irish and the British ministers said that there has to be a breakthrough on a post-Brexit trade deal this week.
UK's Chief Brexit negotiator David Frost said on Sunday that Britain and the EU had made some progress on Brexit trade deal.
On Sunday, Turkey's President Tayyip Erdogan visited Northern Cyprus to meet with the newly elected President Ersin Tatar.
China will no longer try to achieve trade surpluses but will focus on moderate exports expansion, the Vice Chairman of China's Center for International Economic Exchanges Huang Qifan said on Sunday.
Manuel Merino, the Peruvian interim President, came under increasing pressure to quit on Sunday after at least nine cabinet ministers resigned.
On Sunday, fifteen Asian countries led by China had signed a trade deal, thus forming the world largest trade block, the Regional Comprehensive Economic Partnership.
The British Brexit negotiator David Frost confirmed on Sunday that the EU and UK managed to reach some progress on post-Brexit deal in the last round of negotiations.
The EU Industry Chief Thierry Breton stated on Sunday tech companies could be forbidden providing services in Europe if they breached regulations.
The German Economy Minister Peter Altmaier warned on Sunday that restrictions related to the coronavirus pandemic would last 4-5 months and Germans should be ready for that.
According to sources with knowledge of the matter, the German government is expected to pay 22B euros ($26B) in coronavirus aid package to self-employed people and companies in the first half of 2021.
Guitar Center has signed a Restructuring Support Agreement with stakeholders that includes up to $165 million in new equity investments and a reduction of debt by almost $800M.
Ford Motor is considering to shift its focus to developing its own electric vehicle battery cells due to rising demand around the world, Ford's CEO Jim Farley said.
Volkswagen boosted its investment on self-driving and electric car technologies to $86B during the following five years as the company seeks to remain the world's biggest automaker in a green era.