According to Reuters, no less than eight suitors are set to make their second-round proposals to acquire a controlling stake in the Chinese operations of the German wholesaler Metro, valued at up to $2.0B.
Fiat Chrysler and Renault merger deal could take over a year to be finalised, Reuters reported on Monday, citing FCA's CEO Mike Manley in his letter to the carmaker's employees.
The European Central Bank prolonged the deadline for its three supervision jobs, after failing to hire women for these roles, marking the lender's long struggle to lure female talent for its senior positions.
On Monday, Sajid Javid, the British interior minister, stated that the performance of his Conservative Party in the EU Parliament elections was "hugely disappointing", adding his party would have to unite to deliver the Brexit.
On Monday, the European Commission has granted its approval for the extension of the Italian state guarantee scheme, designed to help the country's lenders sell bad loans, until May 2021.
On Monday, the election results of the European Union Parliament were released. Pro-EU parties have remained dominant despite nationalists gaining more support than in the prior elections.
PSA's shares dropped as much as 2.4% on Monday, potentially tumbled by Fiat Chrysler proposal to merge with Renault, whose shares, in contrast, surged 12%, according to Reuters.
France's Total is planning to sell its stake part in Kazakhstan's Kashagan oilfield, seeking to raise about $4.0B, according to four banking sources.
On Monday, Nasdaq has withdrawn its offer to acquire Oslo Bors, Norway's stock market operator, making its European rival Euronext the sole bidder for over 50% of shares in the company.
On Monday, Britain's Nigel Farage has demanded a seat at the Brexit negotiations, following his party victory at the UK's European Parliament election.
The US President Donald Trump pressed on Monday on the Japanese Prime Minister Shinzo Abe to smooth out trade imbalance with the US during his four-day visit to Japan to demonstrate the alliance between the countries.
On Monday, the carmakers Renault and Fiat Chrysler are set to go with an official public statement on their tie-up talks, after the news broke during the weekend about the two world leaders' potential merger.
China's East Hope Group was evaluating plans to invest $10B in the industrial zone of the United Arab Emirates, acceding other Chinese firms, which seek a slice of China's Belt and Road initiative.
Profits earned by Chinese industrial firms decreased 3.7% year-over-year to $74.80B, after a 13.9% jump in the prior month, rising concerns over the already slowing economic growth in the wake of an escalation in Sino-US trade tensions.
On Sunday, the main topic of UK politicians was a no deal Brexit. Various Prime Minister candidates published various announcement in attempts to gather support.
On Sunday, the European Union election results reached a record turnover. The statistics was attributed to the large support for nationalistic parties.
On Sunday, the Chinese central bank announced that it will offer liquidity funds to the Inner Mongolian Baoshang Bank. Namely, the bank is being bailed out by the government.
It was revealed on Sunday, that Fiat Chrysler and Renault will announce on Monday the details of their potential tie-up that would create a transfer of technologies.
The German central bank's head Jens Weidmann announced on Sunday that he sees no need for a change in the ECB's monetary policy. It is another signal that the EUR will continue to depreciate in value.
On Sunday, the European Union Parliament elections were taking place. The elections were expected to increase nationalistic party power.
The leader of the UK's opposition Labour party McDonnell announced on Sunday that the party has to block a no deal Brexit.
The Conservative UK's Prime Minister candidate Esther McVey announced on Sunday that the UK has to leave the EU by October 31st.
On Sunday, a report published by Reuters stated that the coalition of the German Chancellor Angela Merkel is being threatened by the European Parliament vote of Bremen.
On Saturday, already seven candidates had put up their candidature for the post of Prime Minister of the United Kingdom.