On Tuesday, American Airlines stated it had cancelled the second direct flight from Chicago to China's Shanghai in four months due to competitive environment and higher fuel costs.
On Tuesday, the International Monetary Fund stated it would launch negotiations with Angola over pledging financial support, as the economic growth of the oil producing country was weaker than anticipated this year.
Cassa Depositi e Prestiti, Italy's state lender, considers buying a majority stake in Autostrade per l'Italia amid the bridge collapse in Genoa last week, according to Reuters.
GlaxoSmithKline is planning initial bids for its Indian health nutrition business Horlicks by mid-September that could be valued at $4.0B, sources familiar with the matter reported on Tuesday.
The producer of mattresses Serta Simmons Bedding signed a merger deal with Tuft & Needle, as both firms seek to take on tough competition from cheaper China products in the American market.
On Tuesday, the Interior Ministry of Bahrain claimed that it would stop to issue new visas to the nationals of Qatar, escalating anti-Qatar measures as a part of Gulf diplomatic row.
On Tuesday, the government of Israel said that it is not planning to renew a contract with Microsoft for various desktop software because of the change in license agreements resulting in double price increase.
On Tuesday, the Foreign Minister of Germany Heiko Maas claimed that the EU needs to develop its own payment system independent from the US to preserve 2015 Iran nuclear deal.
On Tuesday, Uber Technologies claimed that it has hired a veteran of financial services Nelson Chai as a new Chief Financial Officer after a resignation of Brent Callinicos in 2015.
On Tuesday, Lyft announced it had surpassed 5K self-driving rides via its ride-hailing application with the high-tech car-parts supplier Aptiv's fleet of the autonomous cars.
Getaround, the car-sharing start-up, raised around $300M in its latest round of funding led by the Japanese group SoftBank, the San Francisco-based company reported on Tuesday.
Britain is likely to keep its door open for the European Union investors and banks after withdrawing from the bloc to preserve the London global financial clout, the industry officials said.
On Tuesday, Tesla's deputy CEO stated that the Norwegian $1.0 trillion wealth fund would be allowed to remain as the electric carmaker's investor, if the company goes private.
On Tuesday, Trump's Administration proposed to replace the former President Barack Obama's Clean Power Plan.
The brokerage Morgan Stanley halted the research equity coverage of Tesla, which could be a sign that the US bank might cooperate directly with the electric automaker, which seeks going private.
On Tuesday, Air Canada announced the data analytics company Aimia had accepted its sweetened bid of $344.70M in cash for a sale of the firm's Aeroplan loyalty programme.
Facebook's WhatsApp promised India's government on Tuesday to solve the issue of "fake" messages by developing a special tool, the country's IT Minister said.
The Malaysian Petronas Chemicals' unit is planning to acquire firms, as it seeks to expand the specialty chemical business, the company's CEO stated on Tuesday.
Reuters announced on Tuesday that various casino operating companies are battling for the license to operate the first casino in Japan.
On Tuesday, Alexis Tsipras the Greek Prime Minister announced that the country can expect better days after exiting its financial bailout.
Three companies from China, Russia and Canada have places their bids for the Serbian copper smelter and mine RTB Bor to form a strategic partnership, according to the Economy Minister.
Cambodia's first rum producer Samai Distillery is planning to expand overseas market, considering to export about 2K bottles per country.
On Tuesday, Iran resumed electricity supplies to Iraq and its other neighbours ten days earlier, following the shortages in Iraq's cities triggered unrest last month.
Capio, the Swedish healthcare firm, is planning a sale of its French business unit to Vivalto Sante in $520M deal, as it seeks to focus on the company's Nordic operations.