Tesla (TSLA.O) registrations in several key European markets plunged in November from a year earlier as the U.S. EV maker continued to struggle to stem market share losses despite rolling out new versions of its best-selling Model Y.
The UK and the US have agreed a deal to keep tariffs on UK pharmaceutical shipments into America at zero.
Manufacturing was weak in the U.S., Europe and Asia's biggest economies in November, business surveys showed on Monday, as subdued domestic demand and tariff uncertainties weighed.
BofA Global Research on Monday said it now expects the U.S. Federal Reserve to cut interest rates by 25 basis points at its December meeting, citing weak labor market conditions and recent comments from policymakers hinting at an early cut.
United Nations Secretary-General Antonio Guterres on Monday formally proposed slashing the core U.N. budget for next year by $577 million and cutting more than 18% of jobs.
