 | | | | Oil prices edged up on Monday, reversing earlier losses, as investors shrugged off data that confirmed China's economic growth is cooling and instead latched on to positive supply-side drivers for the market. | | | | | | The International Monetary Fund trimmed its global growth forecasts on Monday and a survey showed increasing pessimism among business chiefs as trade tensions and uncertainty loomed over the world's biggest annual gathering of the rich and powerful. | | | | | | The head of one of the world's largest aircraft leasing companies has told leading planemakers to "get their house in order" and wipe out manufacturing delays before pushing already record production rates to even higher levels. | | | | | | Private equity company Apollo Global Management is in advanced talks to buy Europe's biggest plastics packaging maker RPC Group for more than $3.8 billion, the Wall Street Journal reported on Monday. | | | | | | France's data protection watchdog fined Alphabet's Google 50 million euros ($57 million) on Monday for breaching European Union online privacy rules, the biggest such penalty levied against a U.S. tech giant. | | | | | | Canada's two major railways are rationing space on trains traveling to the country's biggest port and recently prioritized some commodities over others to deal with congestion, the latest indication of their struggle to meet demand from new trade deals. | | | | | | Chief executives across the world have grown a lot more pessimistic about the global economic outlook due to trade disputes and tense relations between major powers, a survey showed on the eve of the World Economic Forum in Davos. | | | | | | European shares fell on Monday from six-week highs as a slowdown in China's economy stalled a global equity rally, but sterling rallied to the day's highs after Prime Minister Theresa May promised to be more "flexible" with lawmakers over Brexit. | | | | | | A former UBS banker accused of selling information about wealthy German tax evaders to German authorities was convicted of economic espionage by a Swiss court on Monday. | | | | | | The International Monetary Fund on Monday cut its world economic growth forecasts for 2019 and 2020 due to weakness in Europe and some emerging markets, and said failure to resolve trade tensions could further destabilize a slowing global economy. | | | | | |
