Germany, the European Union's biggest economy, is seeking to limit the next 2021-27 budget of the EU bloc at 1% of its economic output, which is below the 1.11% offered by the European Commission.
On Monday, crude oil price benchmarks surged the most since 1991, as a Yemeni attack on Saudi Arabia shut down five percent of the global oil output.
On Monday, Germany's lighting group Osram advised investors to accept the $4.8B takeover offer made by AMS and launch their shares sale to Austria's sensor specialist, claiming the bid was economically attractive.
On Monday, the British Commerce Chambers trimmed the economic growth forecasts for the current and the following years, blaming Brexit deal, US-China trade war and a global slowdown in the economy.
Purdue Pharma, the maker of OxyContin, filed for the Chapter 11 bankruptcy protection late on Sunday, reaching a tentative deal to resolve its lawsuits with 24 states and five US territories, the company said.
On Monday, Virgin Australia Holdings announced it had entered the contract to buy back its 35% in the frequent flyer programme, called Velocity, from the private-equity firm Affinity Equity Partners in a deal worth A$700M.
On Monday, Dream Global REIT announced it would be acquired by the Blackstone Group funds in a deal that valued the Canadian firm at C$6.2B.
Current account surplus of Israel jumped to $4.21B in the 2019 second quarter, up 106% year-over-year, the report on balance of payments showed.
Trade between the US and Iran declined 70% in the first seven months of 2019, compared to the same period the prior year, the Iranian Financial Tribune reports.
The Iraqi Ministry of Electricity signed a $1.3B agreement with the Egyptian Orascom the German Siemens and to renovate power plants in the central province of Salahudin.
Tunisians went to the poll on Sunday to vote in the country's presidential election. Polling stations opened at 0700 GMT from the capital Tunis.
Oksana Markarova, the Ukrainian Finance Minister, said on Sunday that the government asked Ukraine's Parliament to adopt the 2020 budget deficit at 2.09%.
On Sunday, Iran has denied an accusation made by the US that Tehran was behind the attacks on Aramco oil plants in Saudi Arabia.
On Sunday, Saudi Arabia stocks fell sharply after drone attacks on the Saudi oil plants. The attacks will cut the kingdom's production by 5.7 million barrels per day
On Sunday, Stephen Barclay, the Brexit Minister, stated that Britain was making progress on the Brexit deal, but there was still significant work to be done, adding he had a scheduled meeting with the EU negotiator Michel Barnier on Monday.
The United Auto Workers is not set to prolong its accord with General Motors, it stated late on Saturday, which expired the next day, but added they will continue working until the senior union officials meeting.
Global regulators are set to question the social media giant Facebook on Monday over its Libra digital currency due to the European Union concerns over a potential threat the cryptocurrency poses to the financial stability.
Mike Pompeo, the US Secretary of State, pinned the blame on Iran for an attack at the Saudi oil plants, which shut more than half the country's crude output.
The US Department of Energy spokesperson said on Saturday that the Trump administration is prepared to tap the US emergency oil reserve if needed after drone attacks shut oil output in Saudi Arabia.
According to the Financial Times report, global regulators would question Facebook about its Libra digital currency on Monday, amid concerns that the digital currency poses risks to consumers.
According to the Nikkei report, Japan has agreed to eliminate tariffs on the US wine imports within five days to seven years, as part of the bilateral trade agreement with the United States.
According to a top European Commission official, the EU Finance Ministers broadly accepted push for simpler EU's fiscal rules.
According to sources with knowledge of the matter, the Saudi Arabian oil supplies have been disrupted after two drones attacked two Aramco plants at the heart of the kingdom's oil industry.
On Saturday, Iran-backed Houthi group have attacked two Saudi Arabia's Aramco plants at the heart of the country's oil industry with drones.