China has pledged to buy nearly an additional $80 billion of manufactured goods from the United States over the next two years, plus just over $50 billion more in energy supplies, under a trade deal with China to be signed on Wednesday, a source briefed on the agreement said on Monday.
Amazon.com Inc will ask a judge to temporarily block Microsoft Corp from working on a $10 billion cloud contract from the Pentagon, a court filing showed on Monday.
The U.S. government recorded a $13.3 billion budget deficit in December, the Treasury Department said on Monday.
Lululemon Athletica Inc raised its quarterly sales and profit outlook on Monday, as the Canadian apparel maker's efforts to ramp up its online presence and broaden its range helped drive sales during the all-important holiday period.
Renault shares hit six-year lows on Monday as investors worried the flight of former boss Carlos Ghosn from Japanese justice had deepened a rift with Nissan that could lead to a break-up of the 20-year alliance.
A senior JPMorgan Chase & Co credit trader, Edward Koo, was placed on leave as the bank reviews whether he broke its policies by using WhatsApp group chats with colleagues, Bloomberg reported on Monday.
U.S. stocks opened near all-time highs on Monday as investors awaited the signing of a preliminary trade deal between the United States and China, as well as the start of fourth-quarter earnings season.
Celebrity lawyer Michael Avenatti wants a U.S. judge to exclude large amounts of material that federal prosecutors produced recently for his trial accusing him of trying to extort Nike Inc , or else to delay the Jan. 21 trial by 30 days.
The yen plumbed an eight-month low while the yuan climbed to its highest level since July on Tuesday, after the U.S. Treasury Department reversed its decision in August to designate China as a currency manipulator.
The expected signing of a trade deal between the United States and China kept U.S. stock futures near record levels on Monday, while investors looked forward to the start of the fourth-quarter earnings season.
Oil prices steadied on Monday as investors shifted their focus away from easing Mideast tensions to this week's scheduled signing of an initial U.S.-China trade deal whose details remain to be seen.
Deliveries of Volkswagen's Skoda Auto dropped slightly in 2019 to 1.24 million vehicles, from 1.25 million in 2018, mainly due to weaker sales in China, the company said on Monday.
India's antitrust body on Monday ordered an investigation into alleged competition law violations by Amazon.com Inc and Walmart's Flipkart, the latest setback for U.S.-based e-commerce giants operating in the country.
As the bull market in U.S. stocks hits new highs, some investors are searching for ways to pare their exposure to the small group of technology and communications stocks that has fueled market gains for years.
Officials from the British and U.S. governments and the telecoms industry will meet on Monday, before Britain is due to take a decision on the possible use of Huawei [HWT.UL] equipment in future 5G mobile networks, Prime Minister Boris Johnson's spokesman said.