China's Beijing is unlikely to grant its approval for the Walmart-Oracle "unfair" deal with ByteDance to acquire the video-streaming app TikTok, according to Global Times newspaper.
Deutsche Bank announced its plans to close one of its five domestic branches in Germany, in the lender's latest efforts to save costs as well as capitalise on new customer habits triggered by the COVID-19 pandemic.
During Tuesday's European trading hours, European stock indices recovered in the aftermath of the previous sharp drop.
The streaming service Quibi is considering a few strategic options, such as sale or going public via merger, according to the Wall Street Journal report published on Monday.
Airbus has presented three visual concepts designed for hydrogen-powered airplanes, in the company's latest push to draw attention to the zero-emission efforts it tries to fulfil amid the EU goal to go greener in technology.
The US President Donald Trump set a meeting with the Republican state attorneys general group's on Wednesday to revise the key legislation that shields the social media firms from liability for their content posted by users.
On Tuesday, WM Motor, the Baidu-backed Chinese electric vehicle start-up, announced it had raised $1.47B in its latest round of funding.
On Monday, the US House of Representatives proposed a $14 billion bill that would invest in highways and airports.
During Monday's trading, ByteDance and Oracle published conflicting statements about the terms of the agreement over TikTok deal.
On Monday, global bank stocks declined, as the banking sector faced a scandal of transferring nearly $2 trillion of illicit funds.
During Monday's US trading hours, US stocks reached a seven week low level, as news of possible corona lockdowns in Europe weighted in.
On Monday, gold prices dropped by more than 3%, as the US Dollar gained strength and risk off sentiment took hold.
The US Federal Reserve announced on Monday that the US household wealth had returned to pre-coronavirus levels.
On Monday, the Congressional Budget Office of the United States revealed that the US debt could double by the year of 2050.
On Monday, Italy's Atlantia confirmed it still sought to split Autostrade per l'Italia, its motorway unit, from the group likely through the direct sale of Atlantia's 88% stake in the division.
Shares of Rolls-Royce hit their lowest level since 2004 on Monday, after the engine maker had confirmed its consideration of the rights issue worth $3.23B.
On Monday, Microsoft reported it would take over the owner of Doom and Fallout, ZeniMax Media, in a eal worth $7.5B, boosting its offering of Xbox video games.
Illumina, the gene sequencing firm, is set to acquire Grail Inc, the Jeff Bezos-backed cancer screening start-up, in a cash-and-stock deal worth $8.0B, both companies announced on Monday.
On Monday, General Electric announced its plans to stop building new coal-fired power factories, as the American industrial conglomerate has shifted its focus to renewable power generation sources.
China's Tencent Holdings said on Monday that WeChat was likely to struggle to attract new US users, while Washington challenges the court ruling to prevent the messaging app's ban.
On Monday, shares in Standard Charts and HSBC have plunged to their lowest in the last 22 years due to reports of lenders and other banks transferring large sums of the allegedly illicit funds.
On Monday, the GBP/USD currency exchange rate dropped by 124 pips or 0.96%. The drop was caused by news that the Prime Minister of the United Kingdom Boris Johnson was considering reinstating a coronavirus lockdown.
On Monday, the EUR/USD dropped by 76 base points or 0.64%. The drop was caused by the announcement of the German government that the debt of the country would reach 80% of GDP .
The Chinese ride-hailing titan Didi Chuxing has partnered with electric carmaker BYD over launching the co-designed ride-hailing electric vehicle later this year, Reuters reported.