Shares of CBS and sister company Viacom Inc declined by 3% on Tuesday after the company announced its Q3 revenue of $319 million, missing the Wall Street forecasts.
According to the document, posted by the European Parliament's Budget Control Committee, Hungary has agreed to a 10% reduction in the European Union funds.
Mediaset reported a solid rise in its net profit in the nine-month period to September to €101.5M, as decreased costs offset a decline in advertising revenues amid high-profile sports events' shortage.
Germany's business software company SAP announced plans to cut the number of research centres, while keeping research development costs unchanged, an executive stated.
The economy of France is expected to grow 0.2% in the Q4, the Bank of France anticipated, which indicating slowdown from the Q3, as trade disputes cloud the global economy's outlook.
Nissan Motor cut the full-year profit forecast to the lowest level in 11 years, following weak quarterly report, affected by strong yen and falling sales.
The UK-based digital banking application Revolut was in talks with investors to get at least $500M of funding next year to finance global hiring spree along with expansion the US and Japan.
Juul Labs is set to cut nearly $1B in costs in 2020, an official said, as its new CEO aimed to turn around the e-cigarette producer following a regulatory crackdown.
On Tuesday, CBS Corp reported its Q3 revenue of $319M, or 85 cents for a share, missing analysts' forecasts and sending the company's shares down about 2%.
On Tuesday, the car suppliers Osram and Continental are planning deeper cost cuts on reporting weaker results amid global slowdown that is hitting the auto industry.
On Tuesday, Roula Khalaf has been named as the Financial Times editor, becoming the first woman gaining this position in the newspaper's 131-year history, following the resignation announcement by Lionel Barber.
The US President Donald Trump is set to discuss the US trade policy on Tuesday at the Economic Club of New York, while markets hope for positive signs from his speech.
On Tuesday, the Prime Minister of Croatia Andrej Plenkovic announced that Croatia expects to adopt the Euro by the beginning of 2024.
The US President Donald Trump is likely to postpone his decision on imposing tariffs on vehicles and car parts imported from the EU for about half a year, EU bloc's officials said.
On Tuesday, Huawei Technologies, the Chinese telecoms giant, stated it would give its staff $286M bonus for helping it ride out the US trade curbs.
On Tuesday, Nissan Motor Co reported a 70.4% drop in its Q2 operating profit, as the Japanese carmaker still struggles with slumping sales, trying to recover from the scandal related to the ousted CEO Carlos Ghosn.
Visa Inc is set to acquire a 20% minority stake in the Nigerian payments platform Interswitch worth $200M, a deal that would give Nigeria's company a valuation of $1.0B, Sky News reported.
On Monday, Google signed a large cloud computing deal with Ascension. Google would store customer healthcare data of 150 hospitals and more than 50 senior facilities.
During Tuesday's Asian trading session, stock indices in the Asian markets traded flat, as political turmoil in Hong Kong was blamed for keeping bullish sentiment down.
On Tuesday, the British Pound kept its gains against peer currencies. The currency was boosted by news from the Brexit Party about their plans for the upcoming election.
During Tuesday's Asian trading, crude oil price benchmarks declined, as it was revealed that Saudi output had increased.
Russia's VTB stated on Monday that its investment unit VTB Capital had sold a full stake in Vivacom, the Bulgarian leading telecoms operator, to the media and telecoms firm United Group for $1.3B.
Canada's Open Text is set to acquire the cloud security group Carbonite in a deal worth around $1.42B and would pay $23.00 per share to the US firm's shareholders, both companies announced on Monday.
The co-founder and former CEO of Uber Technologies, Travis Kalanick, sold about 21% of the stake owned in the ride-hailing firm after so-called lockup period expiry.