Signa Holding and Hudson's Bay Company agreed to merge the two German largest department store chains Karstadt anf Galeria Kaufhof, in a move to respond to tough competition from the e-commerce players.
Aryzta, one of the biggest bakeries in the world, has clinched an underwriting agreement with five banks, as it seeks to raise €800M in new capital to boost the balance sheet.
Alibaba Group, the Chinese largest e-commerce company, ceded its control of the Russia business unit to establish a new joint venture with two tech firms and a state fund.
The UK Average Earnings Index was released at 2.6% on Tuesday. It was forecast by analysts surveyed by Bloomberg to be at 2.4%.
The Chinese People's Republic on Tuesday revealed that it plans to ask the World Trade Organization for permission to set trade sanctions on the United States.
On Tuesday, IMG Groep announced its CEO Koos Timmermans was set to step down from his post after being fined $900M by the Dutch prosecutors for money laundering.
CGG, the oil services group, is planning to delist its US shares, as the company finds the NYSE listing too expensive, it stated on Tuesday.
Unilever, the consumer goods titan, stated that it is planning to complete simplifying its owner's structure from the Dutch and two British legal entities into a single holding company in December this year, when shares start trading.
On Tuesday, Grab announced it has partnered with the Vietnamese service and technology firm MOCA over a mobile payment service in the country, as the ride-hailing company aims to strengthen its position in Vietnam.
Novartis' eyecare unit Alcon is set to move its headquarters currently located in Dallas, Texas to Switzerland's city of Geneva, the company's owner announced on Tuesday.
On Tuesday, the British specialty chemicals firm Elementis said it would acquire Mondo Minerals from the US private equity group Advent International for $500M, which was $100M less, than the firm had agreed earlier.
SandRidge Energy, the US shale oil producer, stated on Monday it had finalised its strategic review, rejecting all takeover bids, as it saw the offers undervaluing the company.
The leader of North Korea on Monday sent a letter to the US President Donald Trump asking for a second meeting.
As politicians close in on a Brexit deal, the British Pound continues to appreciate in value against other currencies.
On Tuesday, Asian stock markets continued to decline for the ninth straight session. Financial media once more blamed trade war fears.
On Tuesday, Boeing increased its forecast for plane purchases in China for the next twenty years to 7,690 planes, which would be worth $1.2 trillion.
The UK announced on Monday an extra $138M in funding aimed to help boost the environmentally-friendly vehicles, low-carbon technology and batteries' research and development.
Australian Bureau of Statistics' report released on Tuesday showed that the value of thermal coal exports increased 14% in July to $1.74B.
An index of Australia's business conditions rebounded last month, as companies reported improved profits and sales, though confidence softened in reaction to political unclarity, as the country's PM fell to a party vote.
Japan's chipmaker Renesas Electronics stated that it agreed to buy Integrated Device Technology for about $6.7B, aiming to boost the company's expertise in self-driving car technologies.
The US State Department has granted its approval for a possible sale of the nine E-2D Advanced Hawkeye aircraft for about $3.135B to Japan, the Pentagon announced on Monday.
On Monday, Vereinigung Cockpit, the German pilots' union, has called a day-long strike that would affect all the Ryanair flights out of Germany this Wednesday, as the pilots protest against wages and work conditions at the Irish carrier.
On Monday, China's transport ministry stated it would launch checks on the industry of ride-hailing through the 2018-end, trying to revive the fast-growing sector.
The biotechnology company Riot Blockchain has appointed new Chief Executive Officer on Monday, as its former boss had been accused of the involvement in a fraud related to security.