On Monday, Ford Motor stated it would slash around 10% of the carmaker's global salaried workforce, trimming up to 7K jobs by the end of summer amid its global restructuring, which would save the company $600M annually.
The European Union and China regulators have inked the landmark aviation agreements that should bolster cooperation between the two regions in the sector, China's state media CCTV reported on Monday.
On Monday, the World Trade Organisation's quarterly forecast indicator showed that the trade growth for global goods was likely to remain unchanged at its nine-year low of the 96.3 reading.
Tencent Video delayed the "Game of Thrones" finale broadcast in China on Monday from the originally scheduled time of 0100 GMT, citing media transfer issues, which caused anger from its users with some of them demanding refunds for the memberships, Weibo said.
On Monday, China's gaming giant NetEase announced it would launch new official games for its domestic market in a partnership with Marvel and The Pokemon Company, seeking to add more overseas content to the roster.
China's smartphone maker Xiaomi reported on Monday its Q1 revenue surged as much as 27% to 43.8B yuan, driven by its sales steady growth oversees, topping analysts' estimates for 42.109B yuan.
Germany's Infineon suspended its chip shipments to China's Huawei Technologies, as the US President Donald Trump's crackdown on the tech group has already hampered the chipmaker's supplies beyond the US, Nikkei reported on Monday.
On Monday, Australia's Lynas Corp, the rare earths producer, signed a MoU with Blue Line Corp seeking to build up a facility of rare earths separation in the United States.
Spain's Abertis is considering its minority stake sale in some motorway units, including the 35% in France's unit Sanef in A65, according to Reuters sources.
The EU biggest retailer Carrefour is considering a minority stake sale in the loss-making Chinese business, which is valued at $1.0B in total, already looking for potential buyers and hiring BNP Paribas to advise the company on the deal, according to Reuters.
Australia's Scentre Group stated that Perron Group, its privately owned property investor, would acquire a 50% majority stake in the Sydney shopping centre for $396M.
South Africa's Aspen Pharmacare sold its Australian prescription portfolio to Mylan NV in a deal valued at $130M, the drugmaker announced on Monday.
On Monday, Purplebricks Group has appointed Phil Felice as the company's new interim CEO of the US operations to oversee its online business review, expressing optimism about its future.
Google suspended some business with China's Huawei that requires software, hardware an technical services transfer, except publicly available ones, as it had been included in the US President Donald Trump's blacklist, Reuters reported on Sunday.
The supercomputer manufacturer Cray confirmed it would be acquired by Hewlett Packard Enterprise in a net or cash deal valued at $1.30B, with HPE seeking to expand its presence in federal business and academia.
Wynn Resorts has entered talks over a sale of its almost finished Massachusetts casino to its competitor MGM Resorts International, in a potential deal worth $2.6B, both groups announced on the weekend.
Lions Gates Entertainment has offered its cable channel Starz to be sold to CBS Corp in a potential deal worth $5.5M, after rebuffing its earlier bid about six months ago, according to Reuters.
Carlyle Group is in talks with three pipelines and terminals firms, as the company considers a 25% stake sale in its Texas's Corpus Christi crude oil export project for $625M, sources reported on Monday.
Asian shares remained stable on Monday, as traders and investors tried to digest another week of trade tensions between China and the United States.
The AUD/USD pair rose by 0.80% on Monday. The currency pair upward swing came after Australia's Centre-right Liberal National Party booked a surprise victory in the country's general elections.
The Japanese economy grew at an annualised 2.1% in the Q1, driven by contributions from exports. However, the growth was overshadowed by weak domestic spending.
Crude oil prices got off to a steady start on Monday after the Organization of the Petroleum Exporting Countries indicated that it would maintain supply cuts.
Lockheed Martin's Sikorsky has secured a $1.1B agreement for 12 CH-53K King Stallion helicopters from the Pentagon, the company reports.
The US State Department has approved a $314M air defence missile sale to South Korea, the Pentagon reports.