International Shareholder Services, the proxy advisory firm, recommended some Elliott Management's nominees to be elected as Hyundai Motor Group's directors on the back of its fight with South Korea's conglomerate.
The US chip supplier Nvidia confirmed on Tuesday its $6.8B acquisition of Mellanox Technologies, the Israeli chip designer, outbidding its competitor Intel, in a transaction that would aid the company to boost its artificial intelligence business and data centre.
The US private equity group Arcline Investment Management, set by the former dealmaker of Golden Gate Capital, Rajeev Amara, announced on Tuesday it raised $1.5B, in the biggest debut for the US buyout fund in about a decade.
On Tuesday, Japan's Fujifilm Holdings announced it would purchase Biogen's Danish subsidiary in a deal worth $890M, as it sought to boost its healthcare business.
Tamasek Holdings, the Singapore state investor, has agreed to acquire about 30% of the Danish engineering company Haldor Topsoe, in a deal valued at $1.5B, sources reported on Tuesday.
On Tuesday, the British Pound surged due to the news that the Prime Minister of the United Kingdom gained the approval of some changes to her Brexit deal from the European Commission.
Stock indices surged upwards during the Asian session on Tuesday. Some attributed the surge to events in the EU. Although, it was seen by technical analysts as an ordinary recovery after prior week's losses.
The Prime Minister of Malaysia announced on Tuesday that the government of Malaysia is about to evaluate the future of Malaysia Airlines. The company has been unprofitable and might get shut down, sold or refinanced.
On Tuesday, the Chief Executive Officer of the Taiwanese company Foxconn announced that his company is not going to suffer any losses due to being sued by Microsoft. Foxconn was sued for allegedly not paying patent royalties.
Preliminary data revealed that the foreign direct investments' inflow to Georgia in 2018 amounted to $1.23B, down 34.9% year-over-year, the National Statistics Office stated.
Egypt's non-oil exports amounted to $2.04B by the end of January, a statement by the country's GOEIC stated, adding that non-oil manufacturing exports reached $1.61B during the same month.
The International Air Transport Association nearly halved the annual forecast for growth in traffic in the air cargo market to 2%, citing Brexit, trade frictions and anti-globalisation rhetoric.
A future budget for the Euro zone should support investment and structural reforms in EZ countries with loans and grants, the chairman of finance ministers Mario Centeno stated.
The hedge fund company City Financial agreed to make a transfer of two funds worth $332M in assets to the fund manager Garraway Capital Management, after the firm had completed its business restructuring in December, including the New York office shutdown.
Helen of Troy, the consumer appliance and products maker, announced on Monday it had been exploring a potential sale of its struggling personal care business, including Brut perfume and Pert shampoo brands.
Euronext, the pan-EU stock market operator, has prolonged the period for its Oslo Bors offer on Monday, but kept the terms unchanged on the back of escalated battle between Euronext and its rival Nasdaq.
Germany's carmaker Volkswagen still seeks to redo an initial public offering of Traton trucks unit, but it will not come at any price, VW Group's CFO Frank Witter said to the Handelsblatt business newspaper on Monday.
On Monday, Qatar Petroleum said it had signed an agreement with the Italian firm ENI to take a 25.5% stake in the Angoche basin's block A5A located in Mozambique.
ABBC Foundation was ordered to halt using trademarks, which included the name "Alibaba", after the e-commerce giant Alibaba Group had filed a lawsuit against the company, which used an "Alibabacoin" name for its cryptocurrency.
Versum Materials and Entegris stated they are seeing extra benefits from the all-share merger deal planned, while the rival bidder Merck said it had hired Goldman Sachs to assist on its counter-proposal.
On Monday, the Chinese dockless bike-sharing firm Mobike said it would withdraw from a few countries of Asia to re-evaluate its divisions in the overseas markets, following its top rival Ofo's bankruptcy and the market's wide-scale contraction.
The private equity group Apex is considering potential bidders for its IT services unit, Engineering Ingegneria Informatica, estimating an acquisition deal that could possibly value the Italian firm at over $1.68B.
Mastercard stated its proposal to acquire the British payment company Earthport had expired, potentially clearing the way for its competitor Visa to make an offer for the UK firm.
Playtika, the leading mobile games firm, became a partner of Montreal Canadiens owned by National Hockey League, the company announced on Monday, while being also the main sponsor for Spain's Sevilla FC soccer club.