Walt Disney has signed an agreement on Tuesday to assume the full operational control over Hulu from Comcast Corp, effective immediately, Disney announced in a statement.
Volkswagen's workers have backed the proposed restructuring plan on Tuesday after its CEO Herbert Diess vowed to spend $1.1B on a new plant that produces battery cells, which is set to be established close to the carmaker's HQs in Lower Saxony.
Natura Cosmeticos, the Brazilian makeup brand, is getting closer to concluding a takeover of Avon Products with the deal to be announced as early as this Friday, according to sources familiar with the situation.
On Monday, Vodafone Group agreed to a sale of its New Zealand unit for $2.23B to Canada's Brookfield and Nez Zealand's Infratil in a deal that could help the company reduce its debt.
The takeover offer made by Blackstone and Hellman & Friedman for Scout24 was scrapped after failing to reach the 50% shares threshold, the bidders announced on Tuesday.
Ardian, the French investment fund, is nearing a takeover of the Spanish wind farms owned by Renovalia in a deal worth $617.87M, paving its way to the green energy sector.
On Tuesday, the British Prime Minister Theresa May faced pressure from her political party to drop all Brexit talks with the opposition.
As the London trading session began on Tuesday, Chinese stock prices declined. The decline was caused by European investors dropping their investments in China.
Auchan Retail, the French supermarket group, agreed on a sale of nearly all of its activities in Auchan Retail Italia to Italy's co-operative retail group Conad, not disclosing the financial terms of the deal yet.
Volkswagen's shares jumped 2.7% in early trading on Tuesday, following the German carmaker's announcement about the resumed plans for an initial public offering of its Traton trucks unit.
The US federal judge ordered on Monday to hold a hearing regarding the planned merger between CVS Health and Aetna worth $69B, with a possible outcome to receive an approval for the deal.
South Korea's gaming firm Nexon parent decided to delay its bidding process planned for this week to sell the majority stake of the company, sending shares down.
On Monday, Volkswagen announced it was set to resume all preparations for its truck unit Traton's initial public offering, after it had been suspended in March amid volatile market conditions.
It was announced by the US President Donald Trump on Monday that he and his Chinese counterpart President XI Jinping are set to meet next month to negotiate trade.
On Tuesday, the Governor of Bank of Japan Haruhiko Kuroda announced that the bank will consider further monetary easing, if consumer prices in Japan would stop their growth.
In an effort to compete with Amazon, Walmart has announced that it is introducing one-day free shipping in the US. The announcement comes a couple of weeks after Amazon did the same.
On Tuesday, the Chinese Yuan and the Australian Dollar increased in value against the US Dollar. The event was attributed to the continuation of the decline of the USD due to recently enacted tariffs on the US by China.
Indonesia's Central Bank is expected to keep the main interest rate unchanged for a sixth policy meeting in succession, as rising US-China trade tensions renewed pressure over the Rupiah, a Reuters poll revealed.
The Trump administration announced that it is set to exempt a range of extra Chinese-made goods from 25% US tariffs, including industrial and water filtering equipment, remote control devices, small electric motors and stereoscopic microscopes.
Saudi Arabia slammed on Monday an attack on four oil tankers off the United Arab Emirates coast, saying that two of them belonged to the crown.
The Uber Technologies CEO Dara Khosrowshahi warned on Monday that the company's stock would remain under heavy pressure in the upcoming months amid ongoing doubts over the selected business model.
Facebook Inc announced on Monday that it has decided to increase minimum wage for American contractors to $20 per hour amid rapidly rising cost of living.
According to American officials close to the matter, the US believes that Iran was the mastermind of recent attacks on tankers off the UAE coast, though there is no evidence to prove that.
The Nivea products' manufacturer Beiersdorf announced on Monday acquisition of the US brand Coppertone from German Bayer for $550M.