Hong Kong Airlines, controlled by cash-strapped Chinese conglomerate HNA Group, must shore up its financial position by Dec. 7 or it risks the suspension or loss of its license, the Hong Kong government said on Monday.
Global shares shuffled marginally higher on Monday to stand just short of the record peak struck in January 2018, with buyers encouraged by upbeat China manufacturing surveys and hopes that China and the United States will agree a preliminary trade deal.
The U.S. Department of Justice has in recent weeks stepped up its investigation into Deutsche Bank's role in the 200 billion euro ($220 billion) Danske Bank money laundering scandal, four people familiar with the inquiry told Reuters.
Saudi Arabia's Tadawul has introduced an equity index cap of 15% which is set to address concerns over the weighting oil giant Saudi Aramco will have when it lists on the exchange.
A wave of social unrest across developing countries this year has caught many investors off-guard and is challenging models designed to gauge political risk for investors, prompting some to pull money out.
The U.S. government may still seek to take control of the United Auto Workers Union (UAW) once its investigators determine the depths of corruption in the union, U.S. Attorney Matthew Schneider said in an interview with Detroit News on Sunday.
Britain's competition watchdog on Monday said it was probing Google's $2.6 billion buyout of privately held big-data analytics firm Looker Data Sciences.
Oil prices rose more than 1% on Monday as signs of rising manufacturing activity in China pointed to increasing fuel demand, and hints that OPEC may deepen output cuts at its meeting this week indicated supply may tighten next year.
Oil jumped above $61 a barrel on Monday, supported by hints that OPEC and its allies may agree to deepen output cuts at a meeting this week and as rising manufacturing activity in China suggested stronger demand.
The Nissan Motor Co , Renault SA and Mitsubishi Motors Corp alliance has agreed to form a new company focused on research and development of advanced automotive technologies, Kyodo News said.
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Britain's online Starling Bank ranked 35 major urban destinations worldwide for travel affordability, analyzing hotel rates, food costs, transit fares and attractions prices.
Airbus has dismissed 16 employees without notice in relation to an investigation into the potential misuse of client documents, a spokesman for the group said on Sunday, confirming a newspaper report.
The United States has formally requested the extradition of Michael Lynch, the British tech billionaire who sold his company to Hewlett Packard (HP) in an ill-fated $11.1 billion deal, to face charges including securities fraud, wire fraud and conspiracy.
Beijing's top priority in any phase one trade deal with the United States is the removal of existing tariffs on Chinese goods, China's Global Times newspaper reported on Sunday, amid uncertainty on whether the two sides can end a 17-month trade war that has depressed global growth.