Markets in Europe closed mixed on Monday as investors remained focused on US President Donald Trump's Asian trip. Trump already met with Japan's Prime Minister Shinzo Abe and the two leaders vowed to cooperate on a number of issues, including trade and North Korea. Meanwhile, earnings season continued with Softbank Corp. and Mylan reporting their quarterly results earlier in the day. Commodities sector recorded the biggest gains.

German DAX finished 0.07% in the red. In Paris, CAC 40 declined 0.19%. Societe Generale led the losses, trading 3.75% lower at the end of the session. London's FTSE 100 gained 0.06% at the close.

In the United Kingdom

Prime Minister Theresa May stated that importance of foreign investments in her country, such as Google's opening of office with £1 billion investment, lies in people's livelihoods and in improved confidence in the Great Britain. She pointed out that her government's aims are people living happy lives with "good quality jobs" and "economy for the future."

"Our job now is to look to the future. If the last ten years have seen us weathering the storm of the financial crisis rebuilding our fiscal and economic position, the next ten years must see the beginning of a new chapter in the story of the British economy," the prime minister pointed out.

Broadcom bid for Qualcomm

Broadcom's made a $130 billion offer to acquire Qualcomm. The offer is part of Broadcom effort to become a dominant supplier of communications chips to the wireless industry. The offer will be comprised of at least 75% in cash and Broadcom is willing to wait for Qualcomm to complete its current efforts to buy NXP Semiconductors for more than $38 billion in cash.

Broadcom has been working on its proposal for months and is believed to have approached Qualcomm privately about its offer. The company considered buying Qualcomm a year ago, prior to that company’s deal to buy NX, but retreated. Qualcomm is expected to strongly resist Broadcom’s proposal with the offer being far below what it would expect in a takeover.

US Link to China

An investment corridor is in the making to enable the mechanism for money to flow from a nation in the United States to China. Goldman Sachs Group Inc. is setting up a fund of up to $5 billion together with China Investment Corp (CIC). for the purchase of assets, notably in manufacturing.

The "co-investment partnership" with CIC may come to light this week while President Donald Trump is in Beijing, although the stakes in the new entity are still under negotiation. China's sovereign wealth fund is set to get access to opportunities in the US on a wider scale than the public markets and private equity, including technology and infrastructure.

On the other hand, the giant investment bank may be slated for a good position in case China opens more to business, especially in its core activities.