According to the Russian Federal Agency on Technical Regulation and Metrology, Mercedes-Benz is to voluntarily recall 1 426 Sprinter Classic vehicles sold in Russia during Q4Y2017.
Oil prices weakened on Monday in response to US oil production hitting a record high and OPEC members considering a boost to the global supply.
The British-based international packaging business DS Smith Plc plans to acquire the Spanish rival Europac for €1.9B to strengthen its presence in Western Europe.
The Israel-based provider of cyber training platforms Cyberbit Ltd has received $30M from Claridge Israel to expand its product base and satisfy the growing demand.
Sentix reported on Monday that its Investor Confidence Index fell to 9.3 in May, compared to 19.2 month-on-month, being affected by lower economic expectations.
The International Air Transport Association has reduced its profit forecast for the global airline industry to $33.8B in 2018 due to higher fuel costs.
Honda Motor Co Ltd reported on Monday 15.3% drop of sales in May, which was associated with engine problems caused by collection of excessive amount of petrol in the oil pan.
According to the RIA news agency, the President of Russia Vladimir Putin could have a meeting with North Korean leader Kim Jong Un in the city of Vladivostok in beginning of autumn.
The head of Bain Capital in Japan Yuji Sugimoto said on Monday the company will continue providing support to Toshiba Memory in its pursue of M&A deals in the chip industry.
The boards of Virgin Money and lender CYBG agreed on Monday that acquisition of the British bank could result in notable efficiency gains.
The price of Brent crude declined by 34 cents or 0.4% on Monday morning, reaching $76.45 a barrel, amid expectations that major oil producers will increase supplies.
The Airbus Chief Commercial Officer Eric Schulz said on Monday that the company will be able to generate profit from sales of A330neo jet even though it lost a number of contests in Western markets last year.
On Monday, China Resources Pharmaceutical Group announced it would launch a $667M general bid for the entire shares of Jiangzhong Pharmaceutical, following its parent takeover deal.
According to Bloomberg and the Expansion newspaper, Spain's Grupo Barcelo is thinking over to make a proposal for HNA's $781M worth shares in NH Hotel Group.
China is set to open a tax evasion probe into its television and film industry, the country's tax bureau announced on Sunday.
UniCredit, Italy's largest bank, is considering a merger with its French rival Societe Generale SA that could see the EY banks paving the way for banking mergers, the Financial Times reported on Sunday.
Australian business paid out record amounts in wages in the last quarter due to hiring boom, which provided a boost to consumer spending and income.
The Australian Bureau of Statistics stated that the country's retail sales grew seasonally adjusted 0.4% to $26.5M, surpassing forecasts for a 0.3% rise.
The former BoJ Governor Masaaki Shirakawa stated that the inflation's accurate measurement became complicated amid the development of services of goods not using traditional structures of pricing.
Commonwealth Bank of Australia accepted a record $529.3M penalty to settle money laundering charges pressed by Australian financial intelligence agency.
According to the White House, the US President Donald Trump has nominated Geoffrey Starks to become the Federal Communications Commission's member for the five-year term remainder ending June 30 in 2022.
France's government is thinking over a sale of its part or an entire Air France KLM 14.3% stake, having received an interest from AccorHotels management, the country's news agency Les Echos stated on Sunday.
Richemont, the Swiss luxury goods company, said it would acquire Watchfinder.co.uk, as the luxury watchmakers seek to tap into the fast-growing pre-owned watch market.
General Motors agreed on a lawsuit settlement with a motorcyclist who had been hit by a carmaker's self-driving car in a minor crash in San Francisco last year.