The US United Auto Workers union is suing General Motors for deciding to close three US auto plants. The union states that GM has violated a 2015 agreement.
Reuters sources on Tuesday revealed that the Brazilian state bank Caixa Economical Federal is close to selling its stake in Petroleo Brasiliero. The bank owns a $2.4 billion stake in the oil company.
US official data released on Tuesday revealed that US homebuilding has declined to a two year low level during December. It is one of the indicators that the economy had previously slowed down.
On Tuesday, during the US trading session stock indices traded sideways. Gains in tech stocks were offset by consumer goods companies suffering losses during the last quarter.
On Tuesday, it was revealed that the head of Tesla Elon Musk has received an order from a Federal Judge to respond to a contempt motion.
After the Securities and Exchange Commission of the United States announced that Elon Musk is violating settlement terms of last year's fraud charges, the CEO of Tesla in a tweet announced that the SEC is broken.
On Tuesday, an appeals court ruled that AT&T can acquire Time Warner for $85.4 billion. The US officials had ruled initially that this deal is against antitrust laws.
Home Depot on Tuesday announced their quarterly earnings, which missed the Wall Street estimates. The snowy winter was blamed for preventing home owners from remodelling houses and subsequently low sales.
The Peugeot maker PSA Group announced on Tuesday that the company will offer its cars in the United States after a pause of almost thirty years.
On Tuesday, the Prime Minister of the United Kingdom announced to the Parliament that the lawmakers could vote on delaying Brexit in an effort to avoid a no-deal Brexit.
The US car sales are seen to plunge around 1% in February from the previous year amid inclement weather, the industry consultants LMC Automotive and J.D. Power reported on Tuesday.
Brazil's planemaker Embraer has received approval from its shareholders for an 80% sale of its commercial jet unit to Boeing, in a deal that could reorganise the global market for the 150-seat aircraft.
On Tuesday, Thailand's TMB Bank and Thanachart Bank have signed a merger deal valued at up to $4.47B with TMB financing it via equity and debt, creating the sixth biggest bank in the Asian country.
Canada's fertilizer maker Nutrien has entered talks with Australia's rural services Ruralco, which has a market value of $230M, over a potential takeover, according to a media report published on Tuesday.
The British competition regulator has put the Provident Financial potential takeover by its rival Non-Standard Finance on hold to protect customers and staff.
The New York-based private equity and venture capital firm, Insight Venture Partners, announced on Tuesday it would acquire the majority stake of Israel's Genesis Partners IV, not disclosing the financial details of the deal.
Thomson Reuters reported on Tuesday a nine percent increase in quarterly revenues. Meanwhile, earnings per share were 20 cents, compared to 22 cents last year.
On Tuesday, it was announced by Marks & Spencer and Ocado that the two retailers are considering a new joint venture that would offer food delivery in the UK. The announcement caused a surge of the share prices of both companies.
On Tuesday, the UK junior minister stated that the country's financial sector was ready for any type of Brexit, including the no-Brexit deal, and would keep functioning properly after Britain's leave from the EU bloc.
Hyundai Mobis has rejected on Tuesday a proposal made by the US hedge fund Elliot Management for the $2.24B dividends due to competitiveness concerns.
Shares in Apple's supplier AAC Technologies plunged 13% on Tuesday, following the acoustic component developer's warning about the expected fail in its Q1 net profit as much as 75% amid reduced orders.
Credit Suisse has appointed Lara Warner as its new Chief Risk Officer on Tuesday on the back of the Swiss bank's board reshuffle, to replace Jo Oechslin.
On Tuesday, Walmart announced it had acquired the Israeli product review insight firm Aspectiva, not disclosing the financial terms of the deal, adding the start-up would join the retail giant's Store No 8.
Boeing is planning global sales of its T-X training jet, after winning the US Air Force contract worth $9.2B in September, launching talks with its potential customers, including the Australian Air Force.