Italy is in discussions with the European Commission to try to prevent Brussels imposing penalties over Rome’s management of its public finances, sources close to the talks said Monday.
Forty of the world’s biggest companies assembled in Davos agreed on Monday to come up with cleaner ways to make and consume plastic as waste threatens the global eco-system, especially in oceans.
Former shareholders of defunct Russian oil giant Yukos were back in a Dutch court Monday as Moscow’s lawyers pressed judges for a quick resolution of a complex appeals case.
US motor giant Ford announced Monday the recall of 4,500 1.6-litre Kuga cars in South Africa over safety fears, after nearly 40 incidents in which vehicles were reported to have burst into flames.
The International Monetary Fund on Monday boosted its estimates for US growth on expected stimulus spending by the incoming Trump administration, but kept the forecast for global growth unchanged.
Mozambique, caught between a scandal over hidden debt that has prompted an aid cut-off and a commodity price slump, said Monday it would miss a $60 million interest payment.
Low-cost Saudi carrier flynas on Monday signed an $8.6 billion deal with European plane manufacturer Airbus to purchase 80 A320neo single-aisle jets.
Low-cost Saudi carrier flynas on Monday signed an $8.6 billion deal with European plane manufacturer Airbus to purchase 80 A320neo single-isle jets.
German Vice Chancellor and Economy Minister Sigmar Gabriel on Monday warned US President-elect Donald Trump not to slap punitive tariffs on imports from carmakers like BMW, Daimler and Volkswagen.
Cash-strapped Chinese tech firm LeEco secured a $2.2 billion investment from a group led by property developer Sunac China Holdings, but shares in the rescuer plunged Monday on news of the deal.
French lensmaker Essilor said on Monday it has agreed to buy Italy’s Luxottica, maker of Ray-Ban sunglasses, in a bid to create a new global giant in the sector.