The company of Canada's billionaire Pem Watsa, Fairfax Financial Holdings, took a 14% stake in the local steelmaker Stelco Holdings for C$250.1M, the firm stated on Monday.
During Tuesday's trading session Asian stock market indexes declined. The stock market decline was attributed to a tech stock sell off.
A researcher from the People's Bank of China announced on Tuesday that the central bank's policy has become less effective in the creation of economic growth.
On Tuesday, it was announced by Warburg Pincus LLC that the investment firm wants to raise a second China-focused investment fund, which would be worth nearly four billion US Dollars.
On Tuesday, the share price of Nissan Motor Company declined by more than six percent, as the Chairman of the company was arrested over possible financial misconduct.
The Reserve Bank of Australia sounded more upbeat about the economy, when indicated a possible decline in unemployment, although a lingering Sino-US trade remained a major threat to the outlook.
Thailand's customs-cleare yearly exports are anticiapted to grow 4.5% in October, a Reuters poll revealed, rebounding from a unexpected 5.2% contraction in the prior month.
Mexico expected Washington to start lifting aluminium and steel tariffs against the country later in November, when the US, Mexico and Canada slated to sign a revamped trade deal, Mexico's ambassador to the US stated.
The Bank of Japan's Governor Haruhiko Kuroda ruled out the chance of the end of negative interest rate policy in the near-term, adding that they are necessary to boost inflation to his 2% target.
Careem, the Middle East ride-hailing company, has tied up with the investment bank Jefferies, hiring it as the adviser on fundraising and investment options, including the potential M&A deal with its rival Uber Technologies.
On Monday, China has granted its unconditional approval to Walt Disney's planned acquisition of the Twenty-First Century Fox's entertainment assets in the $73.1B deal.
On Monday, the Dow Jones Industrial declined by about 400 points, as a drop in Apple shares crushed the tech sector.
On Monday, the Brent crude oil edged lower, under pressure from increasing supply, but supported by a possible European Union sanctions on Iran and a reported drawdown in the US oil inventories.
On Monday, Russia's President Vladimir Putin said that Moscow would retaliate if the United States quit the nuclear arms control treaty.
On Monday, Germany imposed entry banned on Saudi Arabia citizens suspected of killing journalist Jamal Khashoggi and move to freeze all arms sales to Riyadh.
On Monday, the leader of UK's opposition party Jereme Corbyn said that Labour party would not support a no-Brexit deal.
On Monday, the UK Prime Minister Theresa May vowed to stand by her draft Brexit deal, as opponents tried to initiate a leadership challenge.
On Monday, Guatemala's disaster agency said that more than 4000 people have been evacuated from areas hits by Fuego volcano.
On Monday, the Eurozone Finance Ministers discussed ideas on how to make sovereign debt restructuring more predictable and earlier.
China's smartphone maker Xiaomi stated that it came to net profit in the Q3, beating analyst forecasts, driven by strong sales in Europe and India.
Apple slashed production orders in recent few weeks for all three models of iPhone, which were launched in September, the WSJ reported, citing sources.
Plans for South African economic recovery plans faced serious constraints with increasing state firms' debt and capital outflows, resulting from a global trade tension, the IMF stated.
The Reserve Bank of India's Board agreed to ease liquidity for the country's financial sector and rise credit to small businesses, two sources familiar with the matter stated.
France is set to work to preserve the stability of Renault and the firm's alliance with Nissan, Emmanuel Macron, the country's President stated, after Japan's carmaker took steps to oust Chairman over alleged financial irregularities.