Sri Lanka cyclone caused $4.1 bn damage: World Bank
Cyclone Ditwah, which struck Sri Lanka last month, caused an estimated $4.1 billion in direct physical damage to buildings, agriculture and critical infrastructure, according to a World Bank report released Monday.
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Billionaire Ellison offers personal guarantee for son's bid for Warner Bros
Oracle tech tycoon Larry Ellison is offering a $40.4 billion personal guarantee to back Paramount's hostile bid for Warner Bros. Discovery, deepening a bidding war with Netflix, a statement said on Monday.
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Tech stocks lead Wall Street higher, gold hits fresh record
Wall Street and Asian stock markets advanced on Monday, with tech stocks leading the way.
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Telefonica to shed around 5,500 jobs in Spain
Telefonica will cut up to 5,500 jobs in Spain under a voluntary departure plan agreed with trade unions last week, the debt-laden telecoms firm said in a statement on Monday.
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McCullum wants to stay as England coach despite Ashes drubbing
England coach Brendon McCullum wants to stay in his job despite a chastening Ashes series defeat but admits his future is out of his hands.
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EU slams China dairy duties as 'unjustified'
Brussels hit back Monday at China slapping duties of up to 42.7 percent on some dairy products from the European Union, calling the move "unjustified".
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Italy fines Apple nearly 100 mn euros over app privacy feature
Italy's competition authority said Monday it had fined the US tech giant Apple 98 million euros ($115 million) for allegedly abusing its dominant position in the mobile app market.
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America's Cup switches to two-year cycle
The America's Cup will take place every two years starting in 2027, organisers announced on Monday, unveiling an unprecedented alliance among several founding teams.
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Jesus could start for Arsenal in League Cup, says Arteta
Mikel Arteta has hinted that he is ready to hand Gabriel Jesus his first start in nearly a year in Arsenal's League Cup quarter-final against Crystal Palace on Tuesday.
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Strauss says sacking Stokes and McCullum will not solve England's Ashes woes
Former England cricket chief Andrew Strauss has warned that removing coach Brendon McCullum and captain Ben Stokes will not be enough to change a "depressingly one-sided story" in Australia following another painful Ashes defeat.
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