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AT&T Inc on Monday unveiled a three-year strategic plan that included selling up to $10 billion worth of businesses next year, paying off all its debt from the purchase of Time Warner and adding two new board members, bowing to pressure from activist investor Elliott Management.

Metal-cutting tools maker Sandvik has agreed to sell 70% of its drilling and completions business for 900 million crowns ($92.8 mln) in line with its strategy to focus on core operations.

Volkswagen AG is ramping up production of electric cars to around 1 million vehicles by end of 2022, according to manufacturing plans seen by Reuters, enabling the German carmaker to leapfrog Tesla Inc and making China the key battleground.

Shares of Richard Branson-backed Virgin Galactic Holdings Inc jumped as much as 7.7% in early trading on the New York Stock Exchange on Monday, underscoring investor interest in the first space tourism company to hit public markets.

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Fisher Investments founder Ken Fisher said there will be no lay-offs at his Washington state investment firm despite some $3 billion in withdrawals by pension funds and others over allegedly sexist remarks he made at an investor conference.

A Russian diplomat who Bulgarian prosecutors suspect was involved in espionage has the left Bulgaria, the Bulgarian foreign ministry said on Monday.

* Upper house vetoes bill, bows to pressure from employers' lobby

Russian lender TCS Group Holding will resume dividend payments following this year's fourth-quarter results, the company's chief financial officer said on Monday.

U.S. Treasury yields rose on Monday morning after the European Union agreed to a three-month flexible delay of Britain's departure from the European Union. The extension of the Oct. 31 deadline comes amid uncertainty about Brexit, with British politicians no closer to reaching a consensus on...