AT&T Inc on Monday unveiled a three-year strategic plan that included adding two new board members, selling off up to $10 billion worth of non-core businesses next year and paying off all its debt from the purchase of Time Warner, bowing to pressure from activist investor Elliott Management.
The head of the U.S. Federal Aviation Administration (FAA) on Monday made a broad appeal for the airline industry to focus on safety, one day before the first anniversary of a deadly crash involving Lion Air and a Boeing 737 MAX plane that cost hundreds of lives.
The benchmark S&P 500 index hit a record high on Monday as a possible trade deal between the U.S. and China, and rising bets on a third rate cut by the Federal Reserve, bolstered investor optimism.
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Oil prices rose on Monday on hopes for a Sino-American trade deal but gains were capped by weak Chinese industrial data.
Lebanese banks said on Monday they would ensure public sector workers were paid their salaries as they remain closed by a wave of protests against politicians blamed for corruption and steering Lebanon toward economic collapse.
U.S. President Donald Trump said on Monday he expected to sign a significant part of the trade deal with China ahead of schedule but did not elaborate on the timing.
Google owner Alphabet Inc has made an offer to acquire U.S. wearable device maker Fitbit Inc , as it eyes a slice of the crowded market for fitness trackers and smartwatches, people familiar with the matter said on Monday.
Wall Street analysts predict what will happen with Alphabet's earnings report after the bell.
U.S. President Donald Trump said in a letter Monday the United States plans to cooperate with "like-minded nations" to promote security in next-generation 5G networks.
LVMH has offered to buy Tiffany & Co, known for its engagement rings and ties to Hollywood glamor, as the owner of Louis Vuitton and Bulgari seeks to expand in jewelry, one of the fastest-growing parts of the luxury goods market.
The U.S. goods trade deficit fell in September as trade tensions restricted the flow of goods, but that did not change views that economic growth decelerated further in the third quarter amid slowing consumer spending and declining business investment.
An index of global stock markets rose to a 21-month high on Monday, boosted by growing hopes for a U.S.-China trade deal and the view that the U.S. Federal Reserve this week will deliver its third interest rate cut for 2019.
Volkswagen AG is ramping up production of electric cars to around 1 million vehicles by end of 2022, according to manufacturing plans seen by Reuters, enabling the German carmaker to leapfrog Tesla Inc and making China the key battleground.
Lebanon's eurobonds sharpened their sell-off on Monday after Central Bank Governor Riad Salameh said a political solution was needed to the country's crisis in days to regain confidence and avoid a future economic collapse.