Reuters

EU antitrust enforcers, boosted by recent court victories, on Monday reinforced their case against Israeli drugmaker Teva over its deal with rival Cephalon to delay selling a generic version of its sleep disorder drug modafinil.

Shares in Britain's AstraZeneca fell 2.1% in early trades on Monday after a report it had approached U.S. rival Gilead Sciences about a possible merger to form one the world's largest drug companies.

Samsung Group's leader, Jay Y. Lee, appeared before a South Korean court on Monday, awaiting a ruling on whether new allegations including accounting fraud and stock manipulation will send him back to jail after more than two years of freedom.

U.S. stock index futures rose on Monday as a surprisingly upbeat jobs report last week added to optimism that the world's biggest economy has weathered the worst fallout of the coronavirus outbreak.

California-based power provider PG&E Corp said on Monday it plans to raise $5.75 billion from public offerings as it tries to emerge from Chapter 11 bankruptcy by the end of this month.

Japan's economy braced for its worst postwar slump even as first-quarter GDP contracted less than initially thought, as the coronavirus crisis slams the brakes on global growth and raises pressure on Tokyo to cushion the blow to business and consumers.

Britain's quarantine plan was rushed into existence, is out of proportion and should be challenged in the courts, according to the head of easyJet which has joined rivals in threatening legal proceedings.

World stocks inched higher on Monday, adding to a 42% surge from their March lows, as a surprise jump in last week's U.S. employment data fuelled hopes of a quicker global economic recovery from the coronavirus pandemic.

Power provider PG&E Corp said on Monday it plans to raise $5.75 billion from public offerings to partially fund its emergence from Chapter 11 bankruptcy.

The Federal Reserve's most ambitious and complicated crisis relief program is set to launch in coming days but it is far from certain that the small and mid-sized businesses the $600 billion "Main Street Lending Facility" is meant to help will come clamoring for loans.

With a full three months of responding to a global pandemic under their belt, U.S. Federal Reserve officials have united around one point: lasting progress on the economic front will be dictated by success in containing the spread of the coronavirus.

Oil prices have quickly climbed to levels that raise the risk of price falls as demand is fragile, Morgan Stanley said on Monday, as benchmark crude hit its highest in three months.

EU antitrust regulators are concerned about Fiat Chrysler and Peugeot car maker PSA's combined high market share in small vans and may require concessions to clear their $50 billion merger, people familiar with the matter said.

Ryanair will not cancel British flights despite Monday's start of what the boss of Europe's biggest budget airline called a "rubbish" 14-day quarantine for international arrivals.

British luxury brand Mulberry said on Monday it plans to cut 25% of its global workforce of about 1,500, seeking to reduce its cost base after demand was hit by the coronavirus pandemic.

Michael Clark of Amy's Housewares has one big fear as its London stores prepare to reopen on June 15 along with other retailers around Britain: "Customers not spending, having no trust in the economy."

U.S. electric vehicle maker Tesla Inc sold 11,095 Shanghai-made Model 3 vehicles in China in May, more than triple the volume seen in April, according to the China Passenger Car Association (CPCA).

EasyJet could have to make further job cuts if the government's quarantine policy continues for a long period, the airline's chief executive warned.

Galeries Lafayette's [GALP.UL] new outlet on the Champs Elysees is struggling because people are staying away from the famous Paris boulevard due to COVID-19, according to its CEO, who said the crisis would hit the group to the tune of 1 billion euros.

World shares paused on Monday as investors turned cautious after a 42% surge since March, as economies continued to struggle with the effects of the coronavirus pandemic.