The world biggest asset manager BlackRock announced on Tuesday it would acquire the private credit investor Tennenbaum Capital Partners amid its expansion in the US investment market.
Toys 'R' Us, the bankrupt US retailer, rejected a bid worth $890M for its US stores and some of locations in Canada from the MGA Entertainment CEO, a source familiar with the issue reported.
According to the car industry association ACEA, the last month's sales in Nissan were down 16.3%, while Ford sales tumbled 14.6% and with Fiat Chrysler 8% lower.
On Tuesday, CNBC reported that the billionaire activist investor Carl Icahn has bought a stake in the software provider VMware that is owned mostly by the computer maker Dell.
New home prices in China revealed firm growth pace in March, as demand from first-time buyers was supported by the government, despite curbs to reduce speculative demand.
The Russian state communications regulator stated that is blocked IP addresses of Amazon and Google, as they were used by Telegram messaging app, which was banned this week.
Tesla was aiming to increase production to 6K Model 3 cars per week by late June to reach its 5K weekly goal, Electrek reported, citing Musk's letter to employees.
Marketing budges of Britain's businesses grew at the weakest pace since early 2016 in the Q1, as challenging market conditions kept putting pressure on firms.
Cambridge Analytica considered a plan of raising money by issuing a digital currency, just before it was embroiled in a scandal of Facebook personal data misuse.
The UK workers' pay was still growing less than inflation, ignoring the lowest jobless rate since 1975, the report revealed on Tuesday.
Homebuilding in the US rose more than anticipated in March due to a rebound in multi-family housing construction, but some weakness in segment of single-family homes suggested units' shortage to persist.
Charles Evans, Chicago Fed President, stated that it would take nearly a year before inflation growth gets 2% sustainability, but suggested no worries on stronger price growth.
Shares of Twitter surged almost 11% on Tuesday after Morgan Stanley had upgraded its social network's recommendation to "equal-weight" from "underweight".
On Tuesday, Starbucks announced it would close all of the company-owned stores in the United States on May 29, as it planned conducting a racial-bias education programme.
The German Economy Minister welcomed China's move to launch some industrial markets in its key sector and cut the existing legislative limitations to foreign investment.
On Tuesday, shares of Netflix hit their all-time high of $336.11, up 9.2%, following a report on a strong surge in subscribers for the online video streaming service.
On Tuesday, the Chief Executive Officer of Blue Harbour Cliff Robbins stated at the New York conference that Canada's business information and software firm Open Text could be acquired.
Technology firms such as Microsoft, Facebook and Google will be required to provide users' private data to the EU law enforcement officials, including the data stored on servers located outside the bloc.
On Tuesday, Marks & Spencer announced about the closure of its Hardwick distribution centre in the Northwest England, affecting 450 contractors who supplied home products and clothing to the stores.
The Royal Bank of Scotland stated on Tuesday it would make a $5B contribution to the pension scheme within the following years.
The chief economist of the International Monetary Fund Maurice Obstfeld stated hoped for China and the United States to avoid trade war through the negotiations.
On Tuesday, the Russian telecommunications regulator requested Apple and Google to remove Telegram, the encrypted messenger service, from the application stores.
On Tuesday, China has posted strong economic growth of 6.8% in the Q1, driven by good property investment and robust consumer demand.
Johnson & Johnson pharmaceuticals sales surges 19.4% to $9.84B, boosted by its cancer drugs sales, such as Zytiga, Imbruvica and Darzalex that soared 45% to $2.31B in the Q1.