Newell Brands is planning to a sale of is Processing Solutions business unit to the private equity group One Rock Capital Partners in a deal valued at $500M, as the company seeks to cut its costs.
On Monday, the reinsurance firm Swiss Re stated it had helped insure the planemaker Boeing and the carrier Ethiopian Airlines amid an inquiry launched into the fatal crash that claimed lives of 157 people.
On Monday, 3M announced it would reduce its business from five to four units on the back of restructuring, as the company sought to boost growth and increase customer focus.
On Monday, the hotel group Marriott International unveiled its plan to open over 1.7K hotels worldwide and return up to $11B to shareholders by 2021.
Shares in the German lenders Commerzbank and Deutsche Bank surged 5.4% and 3.5% respectively on Monday, after the banks confirmed their merger talks on Sunday.
On Monday, Xerox Corp stated it was exploring a potential "strategic transaction" deal for the company's customer financing business, after considering its leasing unit sale last July.
One of the biggest Chinese peer to peer lenders, Dianrong, on Monday blamed the government for its recent troubles that allegedly were caused by the lack of clearly formulated government policies.
On Monday, Chinese diplomats were visiting Brussels in an effort to dismiss US warnings about Huawei and cool down frustrations in the European Union.
On Monday, the Italian payments company Nexi has launched an initial public offering, seeking to raise up to €700M, while aiming at the overall valuation of about €8.0B.
India's Larsen & Toubro is set to spend about $1.02B in a hostile takeover of the IT services firm Mindtree, according to the Times of India's report published on Monday.
A merger between Deustche Bank and Commerzbank might result in massive job cuts of about 30K positions, the German union Verdi's representative Jan Duscheck stated on Monday.
Fidelity National Information Services, the US fintech group, agreed to acquire the payment processor Worldpay in a deal worth $35B, seeking expansion in the rapidly changing industry.
JD Sports Fashion agreed to acquire its smaller competitor Footasylum in a deal worth $119.3M, about a month after it had raised stake in the youth clothes and footwear seller to over 18%.
Russian gas giant Novatek's CEO Leonid Mikhelson announced he was nearing a deal with Saudi Aramco on the Arctic LNG 2 project, adding he did not see the LNG prices to change following project's launch.
On Sunday, the US President Donald Trump called on the General Motors Chief Executive Mary Barra to do everything to reopen its Lordstown, Ohio factory as soon as possible, after the plant was idled over a week ago.
According to a recent large US study funded by Apple, the tech giant's Apple Watch can detect irregular heart beat that could signal about the need to monitor the possible serious heart rhythm issues.
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.