Pershing Square Tontine Holdings, owned by the investor William Ackman, inked a deal to acquire 10% of Vivendi's Universal Music Group for about $4.0B, the firms announced.
American Airlines is planning to cut about 1% of its July flights to serve a rebound in travel demand during the airline's struggles with labour shortage and unprecedented weather.
The relationship between the United Kingdom and the European Union is at a crossroads, the Vice President of the European Commission Maros Sefcovic says.
The World Bank approved a $450M loan to support social and economic reforms in Morocco amid the pandemic, a statement published by the bank shows.
The economy of Mexico will return to pre-pandemic level in the third quarter of this year, the President Andres Manuel Lopez Obrador says.
The China Securities Regulatory Commission approved IPOs of five companies on the ChiNext stock exchange.
It was revealed on Sunday, that Vivendi had bought a ten percent stake in the Universal Music Group.
The government of Chile announced on Sunday that it would draft a new constitution in July 4.
During Sunday's trading, the price for Ethereum still remained above the 2,000.00 USD mark.
On Sunday, South African authorities announced that a recent diamond rush had found only quartz crystals.
On Sunday, the Bank of Canada hinted that it could hike interest rates in 2022.
On Sunday, the President of the European Central Bank Christine Lagarde stated that the central bank had made progress in regards to its policy.
On Sunday, Chevron announced that the company had restarted production despite a storm raging on in the US.
On Sunday, Porsche announced that the company would make new batteries togethers with Customcells.
Chevron Corp stated on Saturday that it was returning workers back to their places in the Gulf of Mexico to continue crude oil extraction.
Porsche AG stated on Saturday that it would create a joint ventrure with Customcells to manufacture batteries for electric vehicles.
The head of Minneapolis Fed, Neel Kashkari, stated on Friday that short-term rate should be kept around zero in coming two years.
Germany's southern state of Bavaria was in talks with Intel to build a chip factory, aiming to counter supply bottlenecks, which hampered production in the automotive sector.
Alphabet's unit Google is likely to face a regulatory threat, with EU regulators set to open an investigation into its digital advertising business before the end of 2021, sources said.
According to the White House Press Secretary Jen Psaki, the US President Joe Biden would meet with the US financial regulators on June 21.
As reported by the Bernama news agency on Saturday, the Chief Executive Officer of AirAsia Group Tony Fernandes said that the air travel industry could return to normal in 2022.
The Canadian Prime Minister Justin Trudeau has extended the travel ban for nonessential travel until July 21, as US legislators and businesses expressed their frustration.
Investors and fund managers are preparing for the heaviest trading volume day of 2021 on June 25, as FTSE Russell stages the annual rebalancing of its indexes next Friday.
The President of Minneapolis Federal Reserve Neel Kashkari stated that he wants the US Federal Reserve interest rate to remain near zero until the end of 2023.