Tanzania has loaned $256.2M for a Kasulu-Manyovu road project from the African Development Bank, the Permanent Secretary in the Ministry of Finance and Planning Doto James says.
Retail sales in Hong Kong rose 7.1% to $6.17B in January, compared to the same month in 2018, the Census and Statistics Department reports.
Retail trade volume increased by 1.3% in the euro area in December, compared to the same period the previous year, the statistical office Eurostat reports.
Hong Kong's total port cargo volume declined 8.2% to 258.5M tonnes in 2018, compared to the prior year, the Census and Statistics Department reports.
Fiat Chrysler's CEO Mike Manley stated on Tuesday the carmaker was open to new mergers and alliances in case of beneficial impact on its future, but dispelled any rumours over its luxury unit Maserati's sale to China's Geely.
On Tuesday, the Singaporean water agency PUB announced it was likely to take over Hyflux's water treatment plant Tuaspring, after the company failed to fulfil its obligations according to the contract.
The South African group AngloGold Ashanti agreed on a sale of its Northern Colombia Holdings stake to Royal Road Minerals, as it seeks to focus more on its other Colombia's exploration projects.
EHang, the Chinese drone maker, is set to launch an initial public offering in the United States this year, which could potentially attract up to $500M in fundraising, sources reported.
Italy's power grid company Terna is seeking to find co-investors to help with its business development in South America, the firm's CEO Luigi Ferraris announced on Tuesday.
On Tuesday, Barington Capital, the activist investor, called on L Brands to spin off Bath & Body Works and Victoria's Secret businesses, with the intention to reorganise the struggling owner of the consumer brands.
On Tuesday, Germany's Merck KGaA urged Versum Materials shareholders to consider approval of its proposed unsolicited $5.9B takeover offer, after it had been rejected on Friday.
Zomato Media Pvt is planning a sale of its UAE food delivery unit to the German firm Delivery Hero Group in a deal valued at $172M, one of the company's shareholders Info Edge said.
Oslo Bors, the Norwegian exchange operator, made a recommendation towards its shareholders to accept for the latest Nasdaq's buyout offered made yesterday, and reject Euronext's bid.
The Dutch chemicals firm OCI stated on Tuesday it had received a takeover interest in the methanol assets, not disclosing the interested parties or financial terms of a possible deal, but promised to give more information soon.
The PR Newswire owner Cision stated it had held talks with the private equity companies over a potential sale, trying to reach out to possible buyers, sources with a knowledge reported.
BMW announced on Tuesday that the production of Mini cars that are made in the UK would be disrupted, if Brexit gets delayed further.
On Tuesday, German government officials announced that the government is supporting the French President's Emmanuel Macron's ideas about the future of the EU.
Total agreed to acquire a 10% stake of the Russian Novatek's Arctic LNG 2 project, as France's energy firm seeks expansion into the Asian market.
On Monday, Findel rejected a takeover approach made by the sports good retailer giant Sports Direct, claiming its offer had significantly undervalued the British educational and online business.
Germany's chemicals group Evonik Industries agreed on a sale of its acrylic sheet unit to the buyout firm Advent in a deal worth €3.0B, after a year it had made a decision to sell the business.
Barrick Gold's CEO Mark Bristow stated he was open to discuss a possible Nevada joint venture proposed by Newmont, despite his company was seeking an $18B takeover deal with Newmont's shareholders.
Purdue Pharma, the maker of OxyContin, is considering to file for bankruptcy, seeking to address significant liabilities from about 2K lawsuits alleging it contributed to thew US deadly opioid crisis.
Belle International, China's footwear retailer, selected BAML as an adviser for its Hong Kong IPO of the company's sportswear business unit, planned for this year.
Cathay Pacific Airways, Hong Kong's flagship airline, announced on Tuesday it had entered talks to acquire a stake in HNA's budget carrier Hong Kong Express Airways, expecting the agreement to be reached soon.