Louis Vuitton owner LVMH has
approached Tiffany & Co with a $14.5 billion acquisition
offer, people familiar with the matter said, at a time when the
U.S. luxury jeweler grapples with the impact of tariffs on its
exports to China.
Australian shares are set to open higher
on Monday in line with Wall Street which soared to a near record
high amid hopes that Washington and Beijing were moving towards
finalizing parts of a trade deal.
The U.S. Trade Representative's office and China's Commerce
A Lebanese state prosecutor on
Sunday banned traders and money exchangers from taking
significant amounts of physical dollar currency out of the
country at air and land borders, state news agency NNA said.
Brazil and the United Arab
Emirates have agreed to expand trade between the two nations and
foster investment fund partnerships in sectors such as
agribusiness, infrastructure, energy and defense, according to a
joint statement released on Sunday.