A previously agreed $50B Brexit payment should be withheld until the EU offers better exit terms, the leading prime minister candidate Boris Johnson says.
On Sunday, at the G20 summit heads of finance acknowledged that geopolitical and trade tensions have increased. Although, almost none expressed the desire to solve the issues.
On Saturday, Reuters reporters surveyed the southern border of Mexico and discovered that, despite the deal between the US and Mexico, nothing has changed at the border.
On Sunday, the Chinese banking sector regulators announced that the risks that might affect small banks are manageable. The announcement comes after a recent bank bailout.
On Sunday, the top Economic Aid to the President of South Korea revealed that the government is preparing to issue policies that would stimulate growth.
On Saturday, the head of the International Monetary Fund announced at the G20 summit that the world's tech giants could cause a disruption in the global financial world by dominating the Fintech sector.
Boris Johnson on Sunday announced that he could stop a previously agreed upon 39 billion Pound payment to the EU in an effort to demand better Brexit terms.
On Saturday, the US President Donald Trump announced that he is confident that Mexico would secure its southern border and deal with migrants from Central America.
On Sunday, it was announced by the President of Mexico Andreas Obrador that he has spoken with the US President Donald Trump and has offered him friendly relations.
Chile's central bank cut the benchmark interest rate to 2.5% from 3% amid an impact from global trade tensions, a report published by the bank shows.
RZD Russian Railways have made an order for 13 Velaro trains and 30 years maintenance with a total value of around €1B, the Siemens Mobility reports.
Lockheed Martin Corp has secured a $1.8B US defence contract for development of the F-35 Lightning II fighter, the Pentagon reports.
Google plans to acquire analytics startup Looker for $2.6B to expand its cloud computing business capabilities, the CEO of Google Cloud Thomas Kurian says.
German car maker BMW Group has opened a new plant in the Mexican state of San Luis Potosi to increase production capacity in North America.
The central bank of Latvia has revised its Latvian economic growth forecast to 2.9% from a previous projection of 3.5%, the central bank's governor Ilmars Rimsvics says.
The economy of Belgium is expected to expand at an annual pace of 1.2% over the next several years, a report published by the National Bank of Belgium shows.
Norwegian companies exported $667M of defence products and services in 2018, a 8% decline from the prior year, the Norwegian government reports.
The economy of Cyprus expanded 3.2% in the first three months of 2019, while the banking sector contracted, the Statistical Service reports.
Foreign direct investment in Tunisia reached $280M in the first four months of this year, a decline from $302M the previous year, local authorities report.
On Friday, Kraft Heinz announced that it has finished an internal investigation and is confirming that the financial numbers published last month were accurate.
The Finance Minister of France Bruno Le Maire announced on Saturday that the French government might decrease its ownership stake in Renault to facilitate a partnership with Nissan.
The Governor of Bank of Japan Haruhiko Kuroda announced on Saturday that he still expects the global economy to recover in the second half of 2019.
On Saturday, the Governor of Bank of Japan Haruhiko Kuroda announced that there are many uncertainties in the global markets that could hurt economic growth.
On Saturday, it was revealed that US tech giants could see profits decline, as the G20 countries agreed upon updating regulation to eradicate the booking of profits in low-tax countries.