Deutsche Telekom's CEO stated on Tuesday he was optimistic about the European Union to grant its antitrust approval to acquire the Tele2 Dutch business that should help the firms compete with larger rivals.
On Monday, the CEO of the Brazilian education company Kroton Educacional SA, Rodrigo Galindo, stated he saw a room for more takeovers, after signing a series of acquisition deals.
Amazon.com is planning to take up to 8% stake in the Indian firm Future Retail through an investment unit, according to CNBC-TV 18.
Clessidra, the private equity group and the Roberto Cavalli brand's owner, has hired Rothschild, as it seeks to find a minority partner for the Cavalli fashion group to boost fund growth.
On Tuesday, Sweden's Ambea stated on Tuesday it would acquire the Nordic care operations of its rival Aleris, primarily assisted living and nursing homes in Denmark, Norway and Sweden for about $334.9M.
Volkswagen's CEO Herbert Diess stated on Tuesday that the German automakers only had a 50% chance to survive as leaders in the car industry, in case they did not comply with new regulations.
On Tuesday, the Dutch digital maps maker TomTom reported higher-than-expected Q3 core earnings of €62.4M, compared to the previous year's €35.5M reading.
On Tuesday, Ford Motor Company revealed a new sport utility vehicle designed for the Chinese market. It is the first step in the company's efforts to turn around declining sales in the region.
On Tuesday, during the Asian session stock prices surged after experiencing heavy losses for a week.
OnDeck Capital have created a subsidiary, which will provide services and technology to banks that want to lend money online.
On Tuesday, crude oil prices increased as rumours spread that Iranian oil exports have continued to decrease.
The UK Pension Scheme of the HSBC is set to invest $328M in Britain's renewable energy infrastructure, namely wind farms and solar plants, the firm stated on Tuesday.
Portugal's Socialist government pledged in the 2019 election-year budget to reach the lowest deficit, while increasing civil servants and helping families with costs of transport.
The Chinese factory-gate inflation growth weakened for a third month in succession in September due to ebbing domestic demand, indicating more pressure on the economy, as it is still locked in a trade war with the US.
Cloud technology business Twilio stated that it is likely to buy email tech firm SendGrid in an all-stock deal valued at nearly $2B, combining two companies that handle communications between users.
The federal government closed the fiscal year of 2018 with $779B in the red, as the government paid more to service an increasing national deb and tax cuts hurt revenues, the Treasury Department reported.
The US retail sales rose modestly in September, as a jump in purchases of motor vehicles was offset by the largest decline in spending at bars and restaurants in nearly two years.
Bank of America's loan increase lagged rivals, while underwriting bonds and fees from advising over deals fell in the Q3, sending the share price 1.7% lower even with profit above expectations.
The economic recovery of Spain is expected to peak, as downside risks materialised, the ECB Vice-President stated, after the country's government cut its expansion forecast for 2018 and 2019.
Shinzo Abe, the Prime Minister of Japan, promised on Monday to proceed with a hike in the national sales tax in October 2019, adding that the government is set to consider tax breaks for durable goods purchases.
Global foreign direct investment dropped 41% to $470B in the six-month period of this year, the lowest level since 2005, preliminary data from the UNCTAD revealed.
On Monday, the President of France Emmanuel Macron claimed that France is ready to assist North Korea in the process of denuclearisation but only if North Korea is ready to show real commitments and desire to end the nuclear program.
On Monday, the Public Investment Fund of Saudi Arabia claimed that it will hold the investment forum despite the departure of the key partners and speakers after the allegations related to the assassination of the journalist Jamal Khashoggi.
The cabinet of Italy was unable to approve the 2019 state budget on Monday and shifted the approval on Tuesday after the possible budget deficit upset financial markets and was criticised by the EU.