France will not follow the United States and exclude China's Huawei from its next-generation 5G network, but will have the power to vet all equipment makers for any potential security threat, a minister said on Monday.
EBay Inc will sell its ticketing unit, StubHub, for US$4.05 billion to ticket reseller Viagogo Ltd in an all-cash deal, the companies said on Monday.
Britain's Just Eat urged shareholders on Monday to shun a US$6.3 billion cash offer from Prosus, saying a currently lower valued deal with Takeaway.com was a better bet as it would create the largest food delivery firm outside China.
General Electric Co has named Carolina Dybeck Happe, currently finance chief at shipper AP Moller-Maersk as its chief financial officer, bringing in more new blood at the top of the struggling U.S. industrial conglomerate.
The all-stock merger of CBS Corp and Viacom Inc is expected to close on Dec. 4, the companies said on Monday.
The head of Italian broadcaster Mediaset is upbeat about reaching a deal to end a three-year legal battle with major shareholder Vivendi, providing the French media giant does not move the goalposts.
Tesla Inc shares rose 4per cent on Monday after Chief Executive Officer Elon Musk tweeted over the weekend that the company had already received 200,000 orders for its futuristic Cybertruck pickup.
MSCI published the environmental, social and governance (ESG) ratings of more than 2,800 companies on Monday, giving all asset managers more detail to make their investment decisions.
China and the United States are very close to a "phase one" trade deal, the Global Times, a tabloid run by the ruling Communist Party's official People's Daily, said on Monday, discounting "negative" media reports.
The U.S. holiday shopping period kicking off on Friday may heighten Wall Street's perception of a growing divide between retailers adapting to online sales and those unable to shake their reliance on dwindling shopping mall traffic.
