Lordstown Motors is set to launch an initial public offering by merging with DiamondPeak Holdings, the blank-check company, and valuing the electric carmaker at $1.6B.
The US new car sales continued to show the recovery signs after the COVID-19 crisis, as Toyota Motor reported its lowest sales slowdown in July since the pandemic hit the auto sector in March.
Google has unveiled its first 5G-enabled Pixel smartphones line-up and is planning the official sales launch already this fall at the price starting from $499.
Tyson Foods appointed Dean Banks, the meatpacker's President, as the new Chief Executive Officer amid unprecedented disruptions caused by the coronavirus crisis.
On Monday, oil prices surged over 1%, driven by positive economic data reported by the United States, Europe and Asia, while investors stayed concerned over the growing number of COVID-19 cases globally.
Manufacturing activity in Taiwan expanded in July, data published by the Chung-Hua Institution for Economic Research show.
Consumer sentiment in Germany is recovering after a severe slump at the beginning of the coronavirus pandemic, the German Retail Federation reports.
New vehicle sales in Japan declined 13.7% in July, compared to the same period the previous year, amid the COVID-19 pandemic, the Japan Automobile Dealers Association reports.
Earnings from coffee export from Uganda reached a record high of $494M for the year ended on June 30, a statement published by the Ministry of Finance shows.
The Chinese logistics sector expanded moderately in July, data published by the China Federation of Logistics and Purchasing show.
Japan Airlines reported a net loss of $881.63M in the second quarter of the current year amid the coronavirus pandemic, a statement published by the company shows.
Alphabet's Google is set to acquire a 6.6% worth stake in ADT Inc, the home security company, in a deal valued at $450M that will allow Google to provide its Nest security devices' customers with service.
Zoom Video Communications is set to shift its focus to the partner-only model in China starting from August 23, halting direct sales to the company's users in the region.
On Monday, SoftBank Group reported it had spent $3.8B on buybacks of 63.2M shares between the period of July 1 and August 3, as part of the company's repurchase programme.
Marathon Petroleum agreed on the US Speedway gas stations sale worth $21B to Seven & i Holdings, the Japanese retail group, almost half a year after the acquisition was frozen due to the coronavirus outbreak.
Microsoft announced it would push ahead with negotiations to buy TikTok's US operations from China's ByteDance, in a potential deal that could restructure the industry of social media as well as inflame crumbling relations between US and China.
According to the IHS Markit Purchasing Managers' Index, Polish manufacturing activity edged higher in July.
Crude oil prices declined on Monday on oversupply concerns. Brent crude futures fell by 0.6%, to $43.25 per barrel by 0642 GMT, while the US WTI crude futures slid by 0.80%, at $39.93.
According to Sky News report, Nassif Hitti, the Lebanese Foreign Minister, would submit his resignation letter on Monday, due to the government's poor performance on some issues.
On Sunday, the Russian Energy Ministry announced that Russia's oil and gas production in July was in line with the OPEC+ agreement.
Mike Pompeo, the US Secretary of State, announced on Sunday that the US President Donald Trump would take action on the Chinese software firms in the coming days.
Argentina's bondholders have contacted the International Monetary Fund, the US Treasury and the International Capital Market Association for support to change the collective action clauses (CACs).
Siemens Healthineers, the German health group, announced on Sunday that it would acquire all shares in the US Varian Medical Systems for $16.4B.
On Sunday, the Iranian stock market reached a new record high, indicating that the global stock indices should surge on Monday.