Just tuning in? Here’s a quick glimpse at the most significant moments.
SINGAPORE (Reuters) – Crude futures rose in early trading on Monday after gaining over 15 percent last week, with some indicators pointing to the possibility the market could be bottoming out.
DONGGUAN, China (Reuters) – Millions of migrant workers streaming back to China’s industrial heartland after the long lunar New Year break are facing an uncertain future, as smaller factories in particular struggle to cope with anemic orders and rising inventories.
BEIJING (Reuters) – China expects to lay off 1.8 million workers in the coal and steel sectors as part of its efforts to reduce industrial overcapacity, an official at the human resources and social security ministry said on Monday.
FRANKFURT (Reuters) – Daimler on Sunday said the United States Environmental Protection Agency (EPA) had requested information from its luxury car brand Mercedes-Benz to explain emissions levels in some of its cars.
FRANKFURT/TOKYO (Reuters) – The widely predicted failure of G20 leaders to agree on bold new steps to reinvigorate the world economy at a meeting in Shanghai this weekend puts the onus firmly back on central bankers.
NEW YORK (Reuters) – Starbucks Corp , the world’s biggest coffee chain, said on Sunday that Italian businessman Antonio Percassi would open the first Starbucks cafe in Milan in early 2017, bringing the brand to one of the top coffee-consuming nations in Europe.
NEW YORK (Reuters) – Valeant Pharmaceuticals International said on Sunday that Chief Executive Officer Michael Pearson would return from medical leave effective immediately, and it postponed the release of fourth-quarter results planned for Monday.
TOKYO (Reuters) – Asian stocks retreated on Monday after a weekend meeting of G20 policymakers ended with no new coordinated action to spur global growth and as solid U.S. data revived expectation of the Federal Reserve further raising rates before year-end.