Fifteen Asia-Pacific countries agree on trade pact, India holds back
Fifteen Asia-Pacific countries have concluded negotiations for a trade pact that would be among the world’s largest, but India still has “significant outstanding issues” before it is ready to sign on, the countries’ leaders said on Monday.
Sprint postpaid subscriber loss lower than expected
Sprint Corp on Monday reported a lower-than-expected drop in quarterly mobile phone subscribers who pay a monthly bill as it ramps up its 5G coverage in the United States.
Facebook’s Libra could come under some existing rules: watchdog
Existing securities rules could apply to “stablecoin” digital currency initiatives such as Facebook’s Libra project to help realize its benefits, global securities watchdog IOSCO said on Monday as policymakers examine whether new regulation is needed.
BA parent IAG ups bet on Latin America with Air Europa takeover
IAG , the parent of British Airways and Spain’s Iberia, announced a 1 billion euro ($1.12 billion) takeover of Spain’s Air Europa to boost its presence on routes to Latin America and the Caribbean.
Futures gain on hopes of U.S.-China trade deal
U.S. stock index futures rose on Monday, buoyed by hopes of a U.S.-China trade deal and an improving domestic economy that led the S&P 500 and Nasdaq to record highs last week.
Factbox: Saudi Aramco – the oil colossus
The world’s largest oil producer, Saudi Aramco, has announced its intention to float in Riyadh in what could be the biggest stock market listing in history.
Give or take a trillion: Investors still in the dark on Saudi Aramco value
Saudi Aramco’s blockbuster listing remained shrouded in mystery on Monday, a day after the company finally announced its plans, with scant details disclosed and expert valuations varying wildly from around $1.2 to $2.3 trillion.
Oil prices creep higher on tentative U.S.-China hopes
Oil prices crept upwards on Monday, with Brent reaching its highest in more than a month after the previous day’s boost from growing expectations of a U.S.-China trade deal and Iran flagging OPEC discussions of a deeper output cut next month.
Trade hopes lift stocks as recession fears recede
World shares touched a 21-month high on Monday on signs that the United States and China could soon put an end to a damaging trade war as well as indications that the world may yet dodge an economic recession.
New owner of Chrysler building plans more U.S. investment
Austrian investor Rene Benko, whose Signa Holding bought half of New York’s Chrysler Building earlier this year, is looking for more opportunities in the United States, he said on Monday.
