Constellation Brands, the Corona beer maker, has entered advanced talks, seeking to sell some low-end wine brands to the privately-owned E.&J. Gallo Winery, in a deal that could be valued at over $2.0B, CNBC reported.
Germany's insurer Allianz is exploring option to combine its asset management unit with DWS that is mostly held by Deutsche Bank, according to a Bloomberg report published this weekend.
Principal Financial Group has entered the advanced talks over an acquisition of the Wells Fargo's retirement plan services unit, in a potential deal that could be valued over $1.0B, Reuters reported.
The US casino operators Caesars Entertainment and Eldorado Resorts are exploring a possible merger deal, while having market capitalisations of $5.B and $3.6B, respectively.
On Sunday, the China's Shanxi Province has established a $7.45B fund whose goal is to stimulate growth of the local industries, including various coal mining companies.
The Vice President of Venezuela Delcy Rodriguez stated on Sunday that the country's president Nicolas Maduro is preparing a "deep restructuring" of the government.
On Sunday, the Venezuelan authorities have announced the start of civic-military drills aimed at protection of public services from the possible new acts of sabotage.
The Prime Minister of France, Edouard Philippe stated on Sunday that the government would propose concrete steps to pacify the protesters in Paris.
The Iranian Minister of Petroleum Bijan Namdar Zanganeh stated on Sunday that America's intention to hit Iranian oil exports would negatively affect global markets.
On Sunday, the US Senator from New York Kirsten Gillibrand has formally started the election campaign to win the presidency in 2020.
Prime Minister Justin Trudeau's ruling Liberals party is expected to table stimulus budget next week, as the party look to eclipse crisis.
According to sources with knowledge of the matter, Lyft Inc would launch the investor roadshow for up to $2 billion Initial Public Offer.
On Sunday, Thais went to the poll to vote in early parliamentary elections, for the first time since the 2014 military coup.
Saudi Arabia's Energy Minister Khalid al-Falih stated on Sunday that he was hopeful on continued commitment on the OPEC supply cut deal.
Mohammad Barkindo, the OPEC Secretary General, said on Sunday that compliance with supply cut agreement is improving.
Mohammed Barkindo, the Secretary-General of the Organisation of Petroleum Exporting Countries, said that rebound in oil investments is very minimal.
British lawmaker Esther McVey said on Sunday that she would support Theresa May's plan to exit the EU in a vote next week.
On Sunday, the British Trade Minister Liam Fox said that the UK government should only hold third Brexit vote if there is enough support to pass parliament.
The leader of Labour Party Jeremy Corbyn has invited lawmakers from all parties in the UK Parliament to discuss plans on how to break the Brexit impasse.
On Sunday, the UK Prime Minister Theresa May's administration was scrambling to get enough support to win a new vote on Brexit deal.
On Sunday, the Iranian President Hassan Rouhani has inaugurated four new phases of the world's biggest gas field South Pars.
On Sunday, the newly appointed Algerian Prime Minister Noureddine Bedoui has begun negotiations to form a new government, thus trying to satisfy a wide number of protesters and the country's opposition.
The British Finance Minister Philip Hammond stated on Sunday that by now the government did not have enough support to win a new vote on Brexit deal.
The Latvian Foreign Minister Edgars Rinkevics stated on Sunday that he would try to persuade his government to vote in the European Council for extension of Brexit.