The European antitrust regulators are set to pass a verdict by July 6 on the sensor maker AMS's €4.6B bid for Osram, the German lighting group, after their preliminary review.
Telefonica Deutschland has picked Ericsson to use its equipment in building the 5G core network in Germany, saying that the Swedish supplier will safeguard the next-generation services' security.
Embraer is looking for a new business partnership, after Boeing ditched their $4.2B deal that has been in the making for a few years, the Brazilian planemaker's CEO told Reuters.
On Tuesday, global stock indices reached a three month high level, as a recovery from the coronavirus was ongoing.
Britain has lent £21B to small businesses hit by the coronavirus crisis under the government-guaranteed programme in May, Reuters reported on Tuesday.
Geely-owned electric car manufacturer Polestar is planning a major showroom network expansion in China, as the premium automaker prepares for car delivery to compete with Musk's Tesla Model 3.
On Tuesday, France's Finance Minister Bruno Le Maire stated the government would sign off on the planned €5.0B loan for the carmaker Renault soon.
Germany's carmaker Volkswagen has closed its $2.6B investment in the self-driving start-up Argo AI, which is now jointly controlled by VW and Ford Motor.
On Monday, the Finance Minister of Mexico Arturo Herrera stated that the Mexican economy would overgo a smooth reopening.
Reuters revealed on Monday, that US companies have been releasing shares at a record rate, as the global stock markets continue to surge.
During Monday's trading hours, global stock indices ended the day with a surge, as world economies reopened in the aftermath of the coronavirus.
On Monday, US stock markets ended the day's trading with a surge, as reopening of economies offset riots.
Ted Baker is set to raise nearly £95M by selling shares at steep discount in a bid to ride out the coronavirus crisis, the fashion brand stated.
Brazil posted a $4.5B trade surplus last month, which was down 11.1% year-on-year and the lowest surplus registered in May in five years.
Global car sales of South Korean automakers tumbled 36.3% in May, compared to the same period in 2019, amid the coronavirus outbreak, industry data show.
Saudi Arabia plans to inject $13.3B in the banking system amid the decline in oil prices, data published by the Saudi Arabian Monetary Authority show.
The Portuguese industrial production declined 25.9% in April, compared to the same period the prior year, the National Institute of Statistics of Portugal reports.
The Portugal's public debt increased to €262.1B in April, an increase of 2.82% from the prior month, a statement published by the Portuguese central bank Banco de Portugal shows.
During Monday's European trading hours, crude oil prices traded steady, as there were no major announcements being made in regards to oil supply and demand.
On Monday, the London Stock Exchange revealed that it has discovered broad backing in the markets for a reduction of the trading day by 90 minutes.
Samsung Electronics announced on Monday it had begun building a new NAND flash memory chip production line in South Korea, as the coronavirus pandemic boosted demand for its servers and personal computers.
On Monday, the cosmetics maker Coty stated it had appointed the Chairman Peter Harf as a new CEO of the company, as it seeks to restructure its business.
On Monday, global stock indices surged and almost reached a three month high level, as countries began to re-open their economies.
Buffet-backed BYD, the Chinese electric vehicle maker, is set to supply Ford Motor with EV batteries, Reuters showed on Monday.