Germany's constitutional court on Tuesday ruled that the European Union's so-called banking union with shared supervision and liquidation structures for major lenders was in line with national and EU law.

US and Chinese negotiators meet in Shanghai on Tuesday to resurrect trade talks between the world's two biggest economies, with both sides downplaying expectations of an imminent deal.

Ride-hailing giant Grab is investing $2 billion in Indonesia over the next five years, using funds from Japan's SoftBank Group to boost its presence in Southeast Asia's biggest economy, the firms said Monday.

China Monday said the U.S. threat to pull recognition of China's "developing nation" status at the World Trade Organisation showed its "arrogance and selfishness," ahead of crucial trade talks this week.

London stocks rallied Monday on corporate takeover news, while the pound sank to a two-year dollar low on festering Brexit concerns, dealers said.

Pfizer announced Monday it will combine its off-patent drug business with the generic drugmaker Mylan to create a global leader in low-cost treatment, as drugmakers face intense political pressure to drive down prices in the United States.

Saudi petrochemicals giant SABIC said on Sunday its net profits for the second quarter and first half of this year dived due to a sharp decline in product prices.

The Libramont agricultural show is the highlight of the year for Belgium's proud beef industry, but this year even the sunny skies of western Europe's record heatwave couldn't chase one looming shadow away. 

Air France will this week announce plans to purchase between 50 and 70 Canadian-made Airbus A220 medium-haul jetliners, part of a keenly-awaited revamp of its fleet, France's Journal du Dimanche newspaper reported Sunday.

Two Iranian ships stranded off the coast of Brazil for weeks were setting sail Saturday, officials said, after a court ordered state oil giant Petrobras to fuel up the vessels.