US stocks jumped on Monday after the US President Donald Trump tried to ease the trade war with China. Shares in tariff-sensitive firms surged by 2%, while a 1.9% rise in shares of Boeing lifted the DJI.
On Monday, the US President Donald Trump said that a trade deal with China is coming, as both the United States and China attempted to ease trade tensions.
On Monday, oil prices edged higher after China and the United States tried to ease trade war tensions. Brent crude was up at $59.74 a barrel by 14:10 GMT, while the US WTI was up at $54.90 per barrel.
On Monday, the spokesperson for the European Commission Mina Andreeva said that the United Kingdom must pay the EU £39b divorce bill even under a no-deal Brexit.
On Monday, Amgen Inc stated it would acquire Celgene's psoriasis drug Otezla in a cash-deal worth $13.4B, paving the way for the American pharmaceutical company Bristol-Myers Squibb to bid for Celgene with the $74B worth offer.
On Monday, Kraft Heinz Co has appointed Paulo Basilio as its new Chief Financial Officer to replace David Knopf, who is set to leave his position and return to 3G Capital, the Brazilian private equity company as a partner.
On Monday, Tencent Holdings has rolled out its popular app's version called WeChat for drivers, backed by the Chinese automaker Chang'an Automobile Group, pointing out its further foray into the transportation solutions.
China and the United States are seeking to ease their tensions, with Beijing calling on the US President Donald Trump for calm, following imposed tariffs imposed by both countries that hit markets.
The US hedge fund Third Point LLC is building a stake in the Ray-Ban maker EssilorLuxottica due to a power struggle inside the world's biggest lenses and glasses producer, sources reported on Monday.
About 100 companies have moved to the Netherlands from Britain or established new offices there to stay within the EU bloc amid Brexit, a Dutch agency reported on Monday.
China's yuan plunged to its 11-year low of 7.1500 per US Dollar on Monday amid sharp re-escalation of the trade war between the United States and China, spooking investors and darkening the the global economic forecast.
Credit Suisse is set to revamp its Swiss division by investment within nearly three years to create a new business area of Direct Banking for commercial and retail clients, Switzerland's second-largest bank stated on Monday.
The EU conglomerate JAB Holdings is planning to raise up to $8.0B from investors, seeking to further its consumer section acquisition deals, including expansion of the company's footprint in veterinary and pet care clinics, according to a report made by the Financial Times on Monday.
China's Megvii Technology Ltd, the Alibaba-backed artificial intelligence provider, has filed for a Hong Kong initial public offering worth at least $500M, coming at the time when the city faces political unrest and probably its first recession in the last ten years.
RRJ Capital has entered talks with the Chinese giant HNA Group to invest a $4.0B in Ingram Micro Inc, the US electronics distributor.
Walt Disney and Target announced their collaboration that the company is set open 25 Disney shops inside selected locations of Target nationwide on October 4, with future plans for 40 more sites by October 2020.
The US President Donald Trump and the British Prime Minister Boris Johnson discussed 5G technology and Huawei on the sidelines of a G7 summit in France.
UK will only pay £9B instead of a previously agreed £39B in case of a no deal Brexit, the British Prime Minister Boris Johnson says.
Import of crude oil from Venezuela to China declined 62% in July from June as buyers avoid purchasing oil from the South American exporter amid US sanctions, Chinese customs data show.
Italy's budget deficit for the next year will be below the 2.1% of GDP target, the outgoing Economy Minister Giovanni Tria says.
The German located credit rating agency Scope has assigned a BBB- rating to Cyprus, a report published by the agency shows.
The industrial production in Taiwan increased to 112.57 in July, a 3.03% increase from the prior year, the island's economic authorities report.
Macao retail sales declined 0.8% to $2.21B in the second quarter of the current year, compared to the previous year, the region's statistic department reports.
The Egyptian exports to G7 countries rose to $3.8B in the first six months of 2019 from $3.5B the same period the previous year, the official statistics agency reports.