The European Union will briefly put aside worries about Greece to broaden its relations with China at a summit in Brussels on Monday, hoping for Chinese investment in Europe's new infrastructure fund and support for a global climate deal.
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Element to buy majority of GE Capital's fleet ops for C$8.6 bln
Canada's Element Financial Corp (EFN.TO) said it will buy General Electric Co's (GE.N) fleet management operations in the United States, Mexico, Australia and New Zealand for C$8.6 billion ($6.98 billion) in cash.
China stocks slide despite calming efforts
China's stock markets closed sharply lower on Monday after a frantically volatile day of trading, despite surprise monetary easing moves by the central bank at the weekend.
Germany's BMW among suitors for $6.4 billion ANZ car finance unit -source
Germany's BMW AG (BMWG.DE), Australia's Macquarie Group (MQG.AX) and a host of U.S. private equity firms are expected to bid for Australia and New Zealand Banking Group's (ANZ.AX) more than $6 billion car and equipment loan book, a source said on Monday.
U.S. futures fall as Greek crisis worsens
U.S. stock index futures fell around 1 percent on Monday as fears that Greece could be the first country to exit the euro zone intensified after bailout talks with lenders broke down over the weekend.
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Anxiety about Greece may keep Wall Street on edge early in the week, as the country moves toward what was once thought unthinkable: a default and a full exit from the euro zone.
Global financial markets are braced for a wave of contagion from Greece on Monday, with expected heavy losses for southern European government bonds and regional stock markets as investors scramble to discount a possible "Grexit" that most had still assumed was unlikely as late as Friday afternoon.
One of China's biggest ever foreign policy successes will take concrete shape on Monday when delegates from 57 countries sign an agreement on the Asian Infrastructure Investment Bank (AIIB) in Beijing.
Online home-rental marketplace Airbnb Inc is closing on a $1.5 billion fundraising that would boost the company's valuation to $24 billion, the Financial Times reported.
Rising interest rates after years of loose monetary policy will pose a fresh risk to banks' ability to absorb losses using capital buffers, the Bank for International Settlements said in its annual report on Sunday.
Germany's Volkswagen (VOWG_p.DE) plans to launch a family of low cost budget cars in China and possibly elsewhere starting in 2018, its chief executive said in a newspaper interview on Sunday.
Greece said it may impose capital controls and keep its banks shut on Monday after creditors refused to extend the country's bailout and savers queued to withdraw cash, taking Athens' standoff with the European Union and the International Monetary Fund to a dangerous new level.
India's biggest airline IndiGo is set to file a prospectus next week for a domestic stock market listing, which is expected to raise as much as $400 million, according to three sources with knowledge of the matter.
FedEx (FDX.N) has asked the European Union's competition regulator to approve its 4.4-billion-euro ($4.9 billion) bid for Dutch rival TNT Express (TNTE.AS), the U.S. package delivery service company.
