The economic recovery of Spain is expected to peak, as downside risks materialised, the ECB Vice-President stated, after the country's government cut its expansion forecast for 2018 and 2019.
Shinzo Abe, the Prime Minister of Japan, promised on Monday to proceed with a hike in the national sales tax in October 2019, adding that the government is set to consider tax breaks for durable goods purchases.
Global foreign direct investment dropped 41% to $470B in the six-month period of this year, the lowest level since 2005, preliminary data from the UNCTAD revealed.
On Monday, the President of France Emmanuel Macron claimed that France is ready to assist North Korea in the process of denuclearisation but only if North Korea is ready to show real commitments and desire to end the nuclear program.
On Monday, the Public Investment Fund of Saudi Arabia claimed that it will hold the investment forum despite the departure of the key partners and speakers after the allegations related to the assassination of the journalist Jamal Khashoggi.
The cabinet of Italy was unable to approve the 2019 state budget on Monday and shifted the approval on Tuesday after the possible budget deficit upset financial markets and was criticised by the EU.
On Monday, the Transport Ministry of Germany claimed that it would order to recall 100000 Opel vehicles as a part of emission probe after prosecutors searched Opel's sites earlier.
On Monday, the office of Frankfurt's prosecutors said that German prosecutors have been searching German sites of the car manufacturer Opel as a part of the probe regarding diesel emissions.
On Monday, the Prime Minister of the UK claimed that the disagreements between the EU and the UK regarding Irish border must not result in no-deal Brexit for the UK.
The rival semiconductor companies Intel and ARM agreed on cooperation to manage the networks of their connected devices and seeking to secure the Internet of Things.
On Monday, the German Transport Ministry stated that around 100K Opel cars needed to be recalled on the back of diesel emissions probe.
The Italian government is planning to approve the 2019 budget on Tuesday, after the meeting set for this Monday has been cancelled, as the EU Commission expressed criticism over a surge in the country's deficit.
Walt Disney has proposed the European antitrust concessions in its efforts to allay the concerns regarding the $71.3B bid for 21 Century Fox's assets, the EU Commission reported.
Purplebricks, Britain's online estate agent, stated on Monday it had established joint venture with the publisher Axel Springer, as it seeks to jointly acquire a 25.9% stake in Germany's rival Homeday.
BlackRock's CEO Larry Fink does not planning to attend the investor conference in Saudi Arabia anymore, joining some investors who decided to withdraw the event due to concerns over missing journalist.
Novo Nordisk has picked Ludovic Helfgott, AstraZeneca's executive to become the head of its pharma business and replace Jesper Brandgaard, following his resignation earlier this year.
On Monday, Asian share prices declined. Financial media noted various possible reasons for the decline.
Matteo Salvini, who is the Deputy Prime Minister of Italy, on Monday revealed that he considers the sanctions set on Russia and absurdity.
Japan's carmaker Nissan Motor has postponed its UK pay talks with the staff working in Britain until the Brexit terms became clearer.
The world's largest uranium producer Kazatomprom is likely to sell up to 25% of its stake in its planned London and Astana initial public offering.
China's biotech company Innovent Biologics is seeking to attract $422M in its initial public offering in Hong Kong that could potentially be the largest biotech IPO in this year's financial hub.
On Monday, Britain's biggest sandwich maker Greencore Group announced about the sale of its US business in a $1.0B deal.
China's HNA Group held talks with Ant Financial and other investors, as the company is weighting a sale or other options for the IT unit Pactera.
JPMorgan & Chase's CEO Jamie Dimon and Ford Motor's Chairman Bill Ford have cancelled their plans for the Saudi investor conference, both companies stated on Sunday.