Goldman Sachs unit Wellcome Trust agreed to sell iQ, the UK student accommodation firm, to Blackstone for $6.06B.
The UK biggest bank Lloyds announced plans to cut 780 positions within an ongoing cost-cutting at the lender, the union stated on Wednesday.
PSA Group reported its profitability reached new highs last year, though the Peugeot maker underscored a gloomy forecast for its car sales in the European market in 2020 ahead of the merger-deal with Fiat Chrysler.
SambaNova Systems, the AI computing firm, has raised $250M in the latest BlackRock-led funding round led, aiming at customer base expansion, SambaNova told Reuters.
Hyundai Motor announced it was planning to make a decision over the location for its hydrogen fuel-cell system plant this year, adding it could be located in South Korea or even overseas.
On Wednesday, Toyota Motor Corporation stated that its operations in Japan could be affected by supply chain issues causes by the coronavirus.
Salesforce.com's Keith Block stepped down from his role as the co-CEO, leaving Marc Benioff the sole Chief Executive Officer, sending the business software firm shares down about 3%.
Walt Disney Co's Robert Iger is set to step down as the company's CEO and will be succeeded by Bob Chapek, the Disney Parks head, Disney announced on Tuesday.
Intuit is set to acquire the privately-owned personal finance platform Credit Karma in the cash-and-stock deal worth around $7.1B, as Intuit seeks expansion into consumer finance.
On Tuesday, the European Union announced that negotiations with the United Kingdom on future ties would begin on March 3, but predicted that the talks would be difficult.
Citigroup Inc, Credit Suisse and Goldman Sachs and other banks have avoided trips to Italy over coronavirus concerns.
Fianna Fail Party and Fine Gael Party, the two main centre-right parties in Ireland, held further post-election talks. The Irish Prime Minister Leo Varadkar said in a statement on Tuesday.
According to the United Nations Conference on Trade and Development study released on Tuesday, the UK exports to the EU could decline by 14% in the event of no-deal.
Intuit is set to acquire the privately-owned personal finance platform Credit Karma in the cash-and-stock deal worth around $7.1B, as Intuit seeks expansion into consumer finance.
On Tuesday, Macy's holiday-quarter results topped Wall Street's expectations, but left investors sceptical about the company's cost-cutting strategy, while intense online competition brought its shares down almost 5%.
Mastercard reported on Tuesday that Ajay Banga, its Chief Executive Officer, would resign at the beginning of 2021 and would be succeeded by Michael Miebach, the tech company's Chief Product Officer.
On Tuesday, Thomson Reuters announced a new appointment of the former Nielsen Holdings head Steve Hasker as the news agency's new CEO, succeeding Jim Smith.
JPMorgan Chase & Co has largely maintained its key financial targets for the profit at Tuesday's annual investor day and also raised the lender's financial commitment for the clean-energy initiatives, Reuters said.
Britain's Revolut, the digital banking app, has attracted $500M in its latest funding round, confirming the Uk-based unit as one of the most valuable financial tech companies in the world with the $5.5B valuation.
ANA Holdings Inc order 15 more Boeing's 787 Dreamliners valued at $5B, the first announcement of a commercial order for the US planemaker in 2020 on the back of the smaller 737 MAX grounding.
Switzerland's regulator FINMA announced on Tuesday that the emergency plans of Credit Suisse and UBS aimed at dealing with the financial crisis are considered effective.
China's main manufacturing hubs have resumed operations on Tuesday after the coronavirus shutdown with more traffic on the roads during the rush hours.
The world's largest online retailer Amazon.com is launching the cashier-less store technology "Amazon Go Grocery" in Seattle's Capitol Hill, seeking to expand its physical presence and target more of shoppers' weekly spend via groceries.
On Tuesday, crude oil price benchmarks steadied above the $56 level, as a Libyan supply decrease balanced out recent concerns over global demand.