Beijing is tightening screening on Chinese companies' overseas investments, according to the government and reports, after a record-setting shopping spree raised concerns of capital flight and reckless spending.

Authorities will "combine facilitating foreign investment with guarding against investment risks" by scrutinising proposed deals, said a statement posted on the website of the National Development and Reform Commission, the top economic planner, without giving details.

The United Nations Human Settlements Program (U.N.-Habitat) and Azm & Saade Association have signed a Memorandum of Understanding (MoU) in a launching ceremony that took place on Monday, November 28.

Kuwait will buy 28 Boeing F/A-18 Super Hornets to replace a fleet of earlier versions of the U.S. fighter jets, a top official said Monday. 

European stock markets retreated Monday, dragged down by falling banking stocks ahead of a crucial Italian referendum at the end of week.

Around midday, shares in Italian lenders Unicredit and Banco Popolare were down 4 percent compared with Friday's closing levels.

Tens of thousands of people turned out Monday for nationwide protests against India's controversial ban on high-value banknotes, which opposition party organizers say has caused a "financial emergency".

India is still reeling from Prime Minister Narendra Modi's shock decision nearly three weeks ago to pull 86 percent of the currency from circulation overnight, triggering a chronic shortage of notes in an economy that operates almost entirely on cash.

The American shopping orgy known as Black Friday lured more buyers this year but they spent less per person thanks to great bargains, an industry group said Sunday.

OPEC members will seek to give oil prices a boost in Vienna on Wednesday by nailing down their first output cut in eight years, although a deal is far from certain.

Prime Minister Narendra Modi's shock decision to scrap most of India's currency was hailed by some as a masterstroke against endemic corruption, but signs are emerging that it may hit the economy hard.

Kalawani has spent the past six years hiding from the Qatari authorities, but finally she is going home to Sri Lanka for the first time since 2010.

Arid Saudi Arabia could need more than $53 billion in water sector investment supported by private funds as demand grows, officials said on Sunday.