Imperial Brands, the UK tobacco group, is set for a sale of its premium cigar business amid plans to divest £2.0B worth assets by May 2020, seeking to trim its debt and make investments in vaping products.
HealthEquity confirmed it had made an all-cash offer to acquire WageWorks in a deal that valued the employee benefits administrator at around $2.01B or $50.50 per share.
On Tuesday, Gambia's government announced it signed a deal with BP on the gas and oil exploration off its coast, with BP first top carry out an assessment of the environmental impact at A1 offshore block.
The US education groups Cengage Learning Holdings and McGraw-Hill Education are focused to sign an all-stock merger deal, with the newly created company titles as McGraw Hill and holding around $3.16B in annual revenue, according to the WSJ.
Spain announced plans to increase its fiscal revenue €5.6B next year, with new taxes for financial transactions and digital services, the country's government stated.
Australia's long decrease in home prices proceeded in April due to lacklustre demand and tight credit, though the pace weakened, as rates of auction clearance stabilised in the main cities.
South Korea's exports declined less in April than in the prior month, though the fifth straight month of fall, with shipments of memory chip down 13.5%, which could hurt chances of the economy to return to growth this quarter.
The UK shop price inflation eased to 0.4% year-on-year in early April, the first weakening in the six-month period, as retailers extended discounts at the beginning of the month, an industry survey revealed.
Auchan, the French supermarket retailer, announced the decision to sell its 21 sites in France, due to tough business conditions in the sector, which already affected its rivals.
The UK carmaker Jaguar Land Rover is expected to move its assembly of Land Rover Defender to the company's plant in Slovakia, the company stated.
Sberbank, the largest bank in Russia, is set to spend 1% of its profit to purchase online assets of Rambler Group, the company's CFO Alexander Morozov stated.
Ford Motor announced its partnership with Amazon.com to allow the company's loyalty club's members to deliver goods to their cars when owners are not at home.
Nordea Bank, the biggest lender of the Nordic region, posted a stronger-than-anticipated fall of 36% in first-quarter operating profit, citing bigger regulatory costs.
Malaysia's Producer Price Index declined 1.5% year-over-year in March, dragged by forestry, fishing and agriculture, official data revealed.
The German Index of Import Prices grew 1.7% year-over-year, following previous months' increases of 1.6% and 0.8%, Destatis showed in the report.
The economy of Spain expanded faster than anticipated at the strongest pace since the 2017 end in the Q1, with GDP growing 0.7% quarter-on-quarter, preliminary data revealed.
Magnit, the Russian food retailer, reported that its net income fell 52.5% year-over-year to $54.1M in the March quarter of 2019, significantly missing expectations.
The Euro zone's economy grew more than anticipated in the March quarter, recovering from a drop in the H2 of the prior year, while unemployment declined markedly.
Starbucks, the world's coffee company, reported its revenue in line with estimates at $6.3B in the second quarter of this year supported by higher sales in global comparable stores.
India's infrastructure production growth of eight major sectors, including crude oil, coal, gas, improved to 4.7% in March, compared with 4.5% rise in the prior month.
On Tuesday, COSCO's Orient Overseas International announced about a sale of the Long Beach container terminal in a deal with Australia's Macquarie Group worth $ 1.78B.
JSL Sa, the Brazilian logistics company, cancelled its Vamos truck rental division's initial public offering, not disclosing the reasons for a listing cancellation, the securities filing showed on Tuesday.
Faraday Future, China's electric car maker, announced on Tuesday it had obtained about $225M in a bridge financing from the US merchant bank to let it complete the flagship FF91 model development.
On Tuesday, Nine Entertainment TV network stated it was planning a sale of its Australia Community Media and Printing business unit to the firm associated with the former Domain Holdings head Antony Catalano, as well as Thorney Investment Group.