Dutch speciality chemicals firm DSM raised 2019 profit outlook, as high food supplements' sales boosted earnings in the Q1, despite some weakness in Asian markets.
The Euro zone's economy is expected to rebound in 2020 from this year's slow-down, with unemployment falling further, though inflation remaining at 2019 levels and below the target.
The operating profit of BMW declined 78% to €589M, in spite of an increase in deliveries of luxury cars, as it felt the higher investment spending's effects and a €1.4B legal provision.
France's tycoon Xavier Niel agreed a deal to sell mobile towers to Cellnex in Italy, Switzerland and France, with the total worth of €2.7B, seeking to bolster the finances.
Germany's prosecutors imposed a €535M fine on Germany's carmaker Porsche, a Volkswagen's unit, for lapses in duties allowing the company to cheat tests over diesel emissions.
Britain is expected to take part in elections of European Parliament on May 23, as the Brexit deal is unlikely to be ratified by the Parliament before then, an official stated.
Western European vehicle sales dropped 1% in April, according to industry data, as the unresolved Brexit terms and wider economic uncertainties undermined demand.
Mylan NV missed its revenue estimates for the Q1, affected by lower demand and manufacturing problems at the Morgantown plant, sending the company's shares down nearly 8%.
The US job openings rebounded markedly in March, while the rate of hiring changed marginally, indicating an increasing worker shortage, which could slow employment growth in 2019.
On Tuesday, General Motors' majority-held self-driving division Cruise stated it had received a $1.15B in new equity from SoftBank Vision Fund, Honda Motor and T. Rowe Price, valuing the division at $19.0B.
The Italian Benetton family's holding company Edizione has raised its Assicurazioni Generali's stake to 4%, planning to increase it to 5% over time, the insurance group's Chairman Gabriele Galateri stated on Tuesday.
On Tuesday, BorgWarner stated it would acquire a 20% stake in Romeo Power Technology, the battery packs supplier, for an undisclosed price, as the US car parts maker seeks its EV products portfolio expansion.
Whataburger, the privately-owned US fast-food chain, is considering various options, including a minority stake sale to a private equity firm or a financial investor, sources familiar with the situation reported.
Vodafone has increased its efforts to gain German regulatory approval for their Liberty Global deal. Vodafone is offering its competitors access to its broadband network. That way the monopoly risk should be reduced.
On Tuesday, the Chinese Vice Premier's office announced that Liu He is heading out to visit the US for trade talks. The announcement played down the recent market panic created by Donald Trump's tariff threats.
Long-Term Asset Partners has quitted the $1.7B takeover offer for the Australian grain handler GrainCorp, following due diligence, sending shares down 11% on Tuesday.
The Canadian planemaker Bombardier is set to sell its Moroccan component factory to a manufacturer, which plans to continue supplying Bombardier after the sale, the country's Industry Minister announced.
UniCredit, the Italian largest bank, is planning to cut its stake in the online broker FinecoBank, taking steps to ensure that the unit could operate outside the company.
Germany's largest carrier Deutsche Lufthansa is planning a non-binding bid for Condor, owned by Thomas Cook, seeking to acquire the British group's remaining airlines.
Telecoms group Iliad is planning to sell its French and Italian mobile towers assets to Cellnex in a deal valued at €2.0B, seeking to boost the company's balance sheet and financial position.
On Tuesday, Toyota Tsusho and JERA stated they were planning a share sale in Canada's Goreway power station to to Capital Power in a deal worth $289M.
The largest brewer in the world Anheuser-Busch InBev confirmed on Tuesday it was eyeing a minority stake listing of its Asian business, as the company seeks to establish a regional consumer goods leader.
Anadarko Petroleum supported the $38B offer from Occidental Petroleum, pressuring the rival Chevron to lift its bid or walk away.
On Tuesday, Vodafone stated it agreed with Telefónica Deutschland to supply its high-speed broadband to help secure the EU approval for the planned merger deal with the Liberty Global cable networks in the Central Europe and Germany.