Ford Motor's vehicle sales in China dropped by 26.1% for the third consecutive year, as the carmaker struggles with an overall sales decline in the second-largest market that had hit demand for Ford's mass-market brand and SUVs.
The composites technology firm Hexcel Corp and the industrial and aircraft parts maker Woodward announced their planned all-stock merger of equals, seeking to build the integrated systems provider for the industrial and aerospace sectors.
The President of Indonesia Joko Widodo stated on Monday that his country has signed a $23B deal with the United Arab Emirates covering investments in the area of energy.
According to sources familiar with the matter, Walmart ended relationship with nearly 50 executives in pre process of restructurisation of its business in India.
France's Peugeot family is planning to raise its stake in the new automaker emerging from PSA and Fiat Chrysler's merger, as quickly as possible.
On Sunday, the Financial Times reported that Germany's conglomerate Thyssenkrupp has intensified efforts to sell the company's Industrial Solutions unit.
The Supreme Leader of Iran Ayatollah Ali Khamenei on Sunday called the Middle East countries for greater cooperation and repeatedly criticized the US policy in the region.
On Sunday, leaders of Germany, France and the UK called Iran to honour the 2015 nuclear agreement and avoid any further escalation of conflict.
The US delegation is expected to pay an official visit to the United Kingdom to convince the British government not to use Huawei equipment.
Peugeot, which is likely to own a stake of 6.2% in the carmaker resulting from Fiat Chrysler's and PSA merger, aimed to raise its stake as quickly as possible.
Germany's Thyssenkrupp AG accelerated efforts to sell the company's Industrial Solutions, which builds industrial sites and plants.
Mercedes-Benz is set to build smart-branded EV with Geely Automobile in China's Xian with yearly capacity of around 150K vehicles.
Israeli budget deficit is expected to be nearly 4% of GDP in the next years if there is no tax and spending adjustments.
E-cigarette firm Relx Technology announced that it will open 10K stores globally within the next three years.
The Foreign Ministy of China stated on Sunday that its position regarding Taiwan would not be changed despite the re-election of Tsai Ing-wen.
The Prime Minister of France Edouard Philippe offered on Saturday to labour unions to revoke plans to raise pension age by two years if certain conditions were met.
According to the Financial Times, Gertjan Vlieghe, the policymaker of the Bank of England, would vote for a rate cut, if the government data showed weak growth rates.
According to the Xinhua news agency, Chinese Hengfeng Bank has been given $14B to conduct restructurization under supervision of local authorities.
Saudi Aramco reported on Sunday that sale of additional 450M shares allowed it to raise $29.4B on initial public offering (IPO).
Tsai Ing-wen, the Taiwanese President, has secured a second term in office, after winning a landslide victory in the presidential election on Saturday.
On Saturday, Edouard Philippe, France's Prime Minister, offered a major compromise to trade unions over the pension system reform.
On Saturday, Thailand's Parliament approved the delayed 2020 budget bill, as the government aimed to revive the country's economy.
Angela Merkel, the German Chancellor, said on Saturday that Berlin would host Libya's peace talks, as Russia and Turkey pleaded with the Libyan warring parties to join a ceasefire.
BMW has delivered a total of 2.52M vehicles to clients worldwide in 2019, an increase of 1.2%, compared to the same period the prior year, the German car manufacturer reports.