On Monday, Angela Merkel, the German Chancellor, and Finance Minister Olaf Scholz rejected demands made by the DGB labor union and the BDI industry to increase public spending.
Wall Street's main indexes eased from its record levels on Monday. The DJI fell by 11.67 basis points at the opening bell, while the S&P 500 opened lower by 0.08%.
On Monday, Air Arabia stated that the firm would order 120 Airbus A320neo planes in a deal valued around $14 billion.
On Monday, the Prime Minister of the United Kingdom Boris Johnson dropped corporate tax cuts. The decision was made to fund government spending prior to the upcoming election.
The head of the Slovenian central bank Bostjan Vasle announced on Monday that the Euro Zone has become stable and stimulus is working.
Japan's SoftBank announced plans to merge app operator Line and internet unit Yahoo Japan to create a $30B tech giant, aiming to better compete to with Rakuten and the US tech powerhouses.
TikTok owner ByteDance was in talks with Sony Music, Universal Music and Warner Music for licensing deals to include their songs on the company's music subscription service.
Microsoft stated that it was updating the privacy terms of commercial cloud contracts. following European regulators' findings of deals with EU institutions failing to protect data in line with the law.
On Monday, Rostec's CEO Sergei Chemezov said that the Russian military sales have not been affected by sanctions imposed on the country by the United States.
On Monday, crude oil prices remained stable. Brent crude futures were at $63.30 a barrel at 05:12 GMT, unchanged from the previous trading session. The WTI crude futures were also unchanged at $57.72.
Iran's Supreme Leader Ayatollah Ali Khamenei has supported the decision to increase gasoline price, a move that has sparked protests across the country.
According to sources with knowledge of the matter, Saudi Aramco would not market its Initial Public Offering in the United States.
Tewolde Gebremariam, Ethiopian Airline's CEO, stated on Sunday that the company has yet to decide on whether it would take delivery of its remaining order of Boeing 737 MAX jets.
Bruno Le Maire, France's Finance Minister, stated on Sunday that he preferred a professional from the automobile industry to be the next CEO of Renault.
Saudi Arabia's Aramco, the state-owned energy company, is worth about $1.7 trillion, falling short of the initial $2 trillion, targeted by the Saudi Arabian Crown Prince Mohammed bin Salman.
China and the European Union plan to strengthen audit cooperation to promote cooperation under the Belt and Road Initiative, the Chinese Ministry of Finance reports.
Myanmar has approved 8 new foreign investment projects with a total value of $232.21M, a report published by the Myanmar Investment Commission shows.
The Chinese home appliance sector expanded 5.9% to $13.4B in the first nine months of 2019, a report published by the Ministry of Industry and Information Technology shows.
The Chinese postal sector expanded 31.1% to $21.02B in October, compared to the same period the previous year, the State Post Bureau reports.
The Chinese power generation increased 4% to 571.4B kWh in October, a decline from 4.7% growth in September, the National Bureau of Statistics reports.
The China Containerized Freight Index declined 4.6% in October, compared to the prior month, a report published by the Shanghai Shipping Exchange shows.
The Chinese paper-making industry expanded 2.5% in the first three quarters of the current year, compared to the same period the prior year, official data show.
The Chinese central bank and local municipalities have issued around $443B of debt in October, a report published by the central bank shows.
The Chinese transportation sector expanded 4% in October, compared to the same period the previous year, the China Academy of Transportation Sciences reports.