Airbnb CEO Brian Chesky stated on Tuesday that the company would be ready for its initial public offering launch later this year, CNBC cited as saying.
According to the New York Times, Tesla is set to trim prices on solar panels and other related equipment by up to 38% below the average price throughout standardising systems.
Sprint and T-Mobile US have extended the deadline to complete their planned merger deal worth $29B to July 29, after the US Antitrust Division chief had not passed his verdict whether the transaction should be approved.
On Tuesday, the Blackstone Group announced it had acquired Geo-Young, South Korea's wholesale drug distributor, in a bind deal with the firm's founder, not disclosing the financial terms of the deal, but added the transaction to take place in the 2019 Q2.
The employee benefits administrator WageWork confirmed on Tuesday it had received a takeover bid from the US health savings accounts custodian, HealthEquity for an unknown price.
The We Company, the owner of WeWork, announced it filed for the US initial public offering, another American start-up that was planning a debut of its stock market this year.
The head of the International Monetary Fund Christine Lagarde announced on Tuesday that she expects the US and China to close a trade deal in the near future. The announcement did not make an impact on exchange rates and stock prices.
On Tuesday, Asian stock benchmarks declined in value. Chinese manufacturing data was being blamed for the decline.
During the Asian trading session on Tuesday crude oil prices declined. The event was seen as a normal price consolidation in the aftermath of another recent surge.
On Tuesday, Virgin Australia Holding announced that it will delay the purchase of Boeing 737 MAX airplanes to cut spending and make sure that the airplane is safe. The announcement hurt Boeing stock price.
Samsung Electronics flagged better results in the second half, after posting a 60% decrease in first-quarter profit, suggesting higher anticipated sales of smartphones and memory chips.
British car production fell for the tenth consecutive month, declining 14.4% year-on-year to 126K cars in March, affected by a drop in key foreign markets, the SMMT stated,
Factory activity in China grew for a second month in succession in April, though at a much weaker pace, suggesting that the economy was still struggling to gain traction in spite of a support measures' flurry.
Logitech International stated that keyboards and mice for online games players had surged, as the peripherals maker reported a 22% increase in profit to $42.1M over the fourth quarter.
The US Treasury Department stated on Monday that in Q2 it would borrow $30B instead of the initially estimated $83B because of changes in "fiscal activity".
Toyota Motor Corp stated on Monday that from 2022 it would start producing Lexus NX vehicle for the North American market in Canada.
Brian Chesky, Airbnb's Chief Executive Officer, said on Monday that the company would be ready to go public later this year.
On Monday, the White House National Economic Council Director Larry Kudlow said that the White House is still standing behind Stephen Moore to a seat in the US Federal Reserve.
On Monday, Anadarko Petroleum announced that it would discuss with Occidental Petroleum over its proposed $38 billion bid.
On Monday, the US District Judge Gregory Woods in Manhattan granted assets freeze to the US Securities and Exchange Commission in connection with illegal trading in Anadarko Petroleum.
On Monday, Turkey's President Tayyip Erdogan and the US President Donald Trump in a telephone call discussed a proposal to strike a working group on the Russian S-400 missile system.
On Monday, the Nasdaq and the S&P 500 hit new highs after data showed that the US consumer spending edged higher in March.
On Monday, crude oil prices remained stable, after a week-long bullish momentum was stopped on Friday after the US President Donald Trump pressed OPEC to offset Iran sanctions.
On Monday, the Dollar index, which measures the Greenback against six major currencies, hovered near twenty-three months high.