Uber Technologies' restaurant delivery business Uber Eats announced on Monday it would discontinue its service in South Korea due to toughening competition in one of the world's largest online food delivery markets.
The British airline easyJet has confirmed its interest on Monday in the collapsed carrier Aigle Azur-owned operations at the Paris Orly airport, as the airline had filed for bankruptcy, suspending its flights last week and leaving 19K of passengers stranded.
The UK economy expanded more than anticipated July,with a 0.3% rise in output, the ONS reported on Monday, dampening fears of the first recession since the crisis as the Brexit crisis escalated.
The IMF suggested that Saudi Arabia should consider an increase in the value added tax from 5% to 10% from the current 5%, stressing the importance for the country to enhance the fiscal position due to lower crude prices.
Two of the Chinese largest telecom companies, China Unicom and China Telecom, are set to team up to establish a 5G mobile network on the back of the cost-cutting venture, which could potentially crimp vendor orders.
WeWork is planning to proceed with its initial public offering launch as soon as next week, despite the valuation concerns it can gain in a listing, Reuters reported on Monday citing sources familiar with the situation.
On Monday, Elliott Management Corp, the AT&T shareholder stated the wireless carrier was "deeply undervalued" and urged its business restructuring that would include cost cuts in units.
Finland's Kone has selected Hengeler Mueller, the German law company, right ahead of its planned takeover of the Thyssenkrupp-owned elevator division, which is likely to be valued at about $19B.
During Monday's Asian trading session, global stock indices surged. The move was attributed to expectations of global monetary stimulus.
The Spanish repeat election could boost traditional mainstream parties; however, it will bring no clarity, the poll suggested on Monday, two weeks before Pedro Sanchez, the Socialist acting premier, must form the government.
On Monday, Tokyo Century Corp announced it would acquire the rest of 75.5% in the US aircraft leasing company Aviation Capital Group from its current owner Pacific Life Insurance in a deal value at $3.0B.
JPMorgan Chase & Co is highly likely to win the lead advisory role in Saudi Aramco's IPO, Reuters reported citing sources with a knowledge of the matter.
Germany's start-up Volocopter announced about its plans to to establish a partnership with Ch9na's Zhejiang Geely to bring the air taxis to the Asian country.
Air China has no intention to take over the Hong Kong-based Cathay Pacific Airways, the state-owned Chinese carrier's non-executive director Stanley Hui stated in an interview to the South China Morning Post newspaper on Monday.
The San Francisco city has made a $2.5B bid for PG&E Corp's power lines electrical system, as the utility seeks to file for the Chapter 11 bankruptcy protection this January.
The Mexican government expected a primary fiscal surplus of 0.7% in 2020 budget, as the country's President aimed to balance priorities on spending with a slowing economic growth.
The Japanese economy expanded 1.3% in the Q2, at a slower pace than anticipated, amid a weaker capital spending, signalling strains over the economy from weaker growth and the US-China trade war.
According to a source familiar with the matter, Saudi Aramco is expected to give roles to Citigroup, Goldman Sachs, HSBC and Samba Financial Bank in the upcoming initial public offering (IPO).
The Prime Minister of Britain Boris Johnson stated on Sunday that he would not ask for a delay for the country's exit from the European Union.
The China Foreign Exchange Trade System (CFETS) reported on Saturday that trading volume under the China's Bond Connect program reached $47.8B last month.
The European Union has failed to fulfil commitments under the 2015 nuclear agreement, the director of Iran's nuclear energy agency Ali Akbar Salehi says.
A Chinese company has signed an agreement with Iraq's Basra Oil Company to construct 80 oil wells in the southern province of Basra, a statement published by the Iraqi Oil Ministry shows.
The Chinese mobile car-hailing platform DiDi plans to expand to 14 Chilean cities by the end of the current year, a statement published by the company shows.
Italy's ties with China are widely expected to remain a priority for the second consecutive government of the Prime Minister Giuseppe Conte, analysts say.