Monzo, the rapidly growing UK digital bank, revealed its plans to hire at least 500 new employees and estimates about 5.5M new users in 2020, as the company prepares to relaunch some paid accounts to turn its profit.
On Monday, France's Alstom announced it had agreed to acquire the rail unit of Canada's Bombardier in a deal worth about $6.7B.
General Motors is planning to shut down its New Zealand and Australian operations and sell its Thai factory on the back of the global business' latest restructuring, costing the US carmaker $1.1B.
Norway's headline inflation is expected to ease to 1.5% in 2020 from 2.2% in the prior year, Statistics Norway, employers' federations and members from labour unions stated.
The UK nanotechnology firm Nanoco stated that it filed a lawsuit against Samsung Electronics and affiliates in Texas over patent infringement related to quantum dots.
The Italian fifth-largest bank UBI Banca announced its intention to double net profit by 2022 despite flat revenues through cost-cutting and problem loans' reduction.
On Monday, Cathay Pacific Airways stated that the company is expecting a notable decline in its first quarter results due to the coronavirus outbreak.
The IHS Markit institute released its Household Finance Index on Monday, which revealed that consumer confidence has reached an 11 year high level.
On Monday, European stock indices reached record high levels. The surge was caused by market stimulus being announced by the Chinese government.
During Monday's Asian trading hours, global stock indices surged, as China announced additional stimulus.
General Motors Co announced on Monday that it would shut down its New Zealand and Australia operations and sell the Thailand plant to Great Wall.
On Monday, the Sankei newspaper reported, Haruhiko Kuroda, the Governor of the Bank of Japan, stated that the BOJ would consider monetary policy steps if the coronavirus epidemic impact worsens.
Data showed on Monday that Japan's gross domestic product declined by 6.3% in the October-December period, the fastest pace in nearly six years.
One of the world largest port operators, Dubai's DP World, announced on Monday it would delist itself from the exchange and return under full control of the government.
Hassan Rouhani, the President of Iran, said on Sunday that Iran would never yield to the United States pressure for negotiations.
On Sunday, Giuseppe Conte, the Prime Minister of Italy, denied a report that he was putting together a new coalition government after relations with the Italian Viva Party deteriorated.
Letitia James, the New York Attorney General, stated on Sunday that the state would not challenge the court's decision in favour of $40B T-Mobile-Sprint merger.
Klaus Goersch, the British Airways Chief Operating Officer, and Angela Williams, the Director of People, have decided to quit, the airline reported on Sunday.
Israel's inflation increased by 0.3% in January from the same period the previous year, a statement released by the state's Central Bureau of Statistics shows.
Air Italy, a regional carrier founded in Italy, ceases all operations and lays off nearly 1,500 employees, a report published by the company shows.
The European Investment Bank plans to provide billions of euros to Greece to help the economy to recover, the president of the EIB Werner Hoyer says.
Pakistan and Turkey signed a Strategic Economic Framework to promote trade and economic relations between the two countries in Islamabad, capital of Pakistan.
On Sunday, the telecoms regulator of Thailand announced that it has raised $3.2 billion in auctions of 5G spectrum.
On Sunday, GEM Co Limited, which is known for battery recycling, announced that the company would make a new disinfectant in Hubei province.