EU state aid regulators
approved on Monday the sale of German lender HSH Nordbank
to private equity funds J.C. Flowers and Cerberus
, saying the sale did not involve public support.
Mitsubishi Motors Corp said on Monday its board removed Carlos Ghosn from his role as chairman, following his arrest and ouster from alliance partner Nissan Motor Co last week for alleged financial misconduct.
Britain is likely to experience hotter, drier summers and warmer, wetter winters by the 2070s, as well as rising sea levels which can lead to floods, due to the effects of climate change, long-term projections by the Met Office show.
* Italian bank shares jump over 5 percent on deficit cut
European stocks, Italian bonds and the euro rallied on Monday on signs that Rome was preparing to rework the spending plans that have left it facing formal European Union disciplinary action.
Italian director Bernardo Bertolucci, whose 1972 movie "Last Tango in Paris" shocked audiences with a notorious sex scene that came back to haunt him in his later years, died on Monday.
South Korea's SK Innovation said on Monday it will spend 1.14 trillion won ($1.01 billion) to build its first electric vehicle (EV) battery plant in the United States to better compete in the global EV battery market.
Bitcoin extended its falls on Monday to $3,843, down more than five percent from the day's highs on renewed selling in cryptocurrencies.
FiatChrysler's late Chief Executive Sergio Marchionne argued for deeper auto industry consolidation in an April 2015 presentation which said 50 percent of carmakers' research and development investments were being wasted on duplicate efforts.
The proposed alliance between Volkswagen and Ford shows that the days of carmakers going it alone are over, as tariffs, new technology and tougher emissions rules fragment markets that were once global.