The EU authorities have announced that global banks have failed to progress in their Brexit preparations. Moreover, the banks should not expect a public intervention in case they suffer losses due to Brexit.
On Monday, in the aftermath of the OPEC deal made during the weekend, oil prices dropped by almost one percent due to the expected increase of global crude production.
Austria's engineering group Andritz has agreed to acquire the US machine industry firm and supplier Xerium Technologies in an all-cash deal valued at $833M.
Greystar Real Estate Partners is set to acquire Education Realty in a takeover deal valued at $4.6B, including debt, the collegiate housing communities owner stated on Monday.
Uber is heading to the London court on Monday, as it battles to keep the City's licence, after its ride-hailing services have been suspended.
On Monday, Japan's Toshiba stated that it would not face any penalty for the company's past accounting practices, after the US Securities and Exchange Commission completed a probe.
Hometown Australia Holdings and Hometown America Communities have sweetened their takeover bid for the Australian firm Gateway Lifestyle Group to A$713.8M or A$2.35 per share.
On Monday, Australia and New Zealand Bank stated it was planning to sell its Commercial, Retail and SME banking business located in Papua New Guinea to the local unit Kina Bank.
China's online food delivery platform Meituan-Dianping has filed for an initial public offering in Hong Kong, seeking to raise more than $4.0B, source reported.
China's HNA Group is set to sell its stake in the 245 Park Avenue office tower in New York City to SL Green Realty, the Wall Street Journal reported on Monday.
The ECB is expected to end the asset purchases program by the end of the year as scheduled, a Reuters poll of economists said, even with expansion likely to weaken and inflation stay tame.
General Electric was close to an agreement to sell the company's industrial gas engines unit to private equity company Advent International for $3B or more, the WSJ reported.
The US Treasury Department was crafting regulations that would block businesses with at least 25% China's ownership from buying the US companies in industrially significant technologies, the WSJ reported.
The Reserve Bank of New Zealand is expected to keep interest rates unchanged this week, with escalating global trade tensions and subdued inflation clouding the prospect for an already weakening economic growth.
Iran announced its decision to ban 1.4K imported items, aiming to protect domestic products, local media reported, as all the banned products have their similar domestic alternatives.
Greece's coffee industry was rapidly expanding amid the coffee lovers widening, despite the financial crisis in the country, according to figures from the International Coffee Organisation.
Sales of China's brand passenger cars increased 3.98% year-over-year in the five-month period from January to May, the report by the China Association of Automobile Manufacturers showed.
Investments in funds and projects by the Asian Infrastructure Investment Bank surpassed $4.2B in the year of 2017, a sharp rise from $1.7B of investments made a year before.
Czech President Milos Zeman stated that he is likely to appoint a new two-party cabinet next week, as October's election was followed by eight months of political instability.
The US Defence Chief Jim Mattis is expected to visit Bejing, as the US and China increasingly spar over expanding military presence of Beijing overseas and US arm sales to Taiwan.
Singapore stated that it spend nearly $12M on the summit between the leader of North Korea Kim Jong Un and the US President Donald Trump, less than prior reports showed.
Italy wanted all the European Union countries to accept the share of migrants moving into the bloc, or recieve less money from the EU, Italy's proposal revealed.
Hong Kong's NWS Holdings stated its joint venture between Goshawk Aviation and Chow Tai Fook Enterprises would acquire Ireland's Sky Aviation, bolstering the Goshawk fleet's value to $9.1B.
PayPal Holdings has announced it would acquire the fraud prevention tech firm Simility in a $120M cash deal, seeking to make it available to its merchants by the Q3-end.