The global equity market was moving close to a six-month high this Tuesday in response to recovering Chinese stocks and earnings-driven surge in US equities.
The S&P500 jumped close to its record high on Tuesday, driven by solid earnings in Q2Y2018; top gainers were Alphabet, Amazon and Microsoft.
The world's largest brewer AB InBev announced on Tuesday that the company would invest in a new plant in Mozambique to be constructed during 2H 2018.
Shares of Tesla Inc jumped 7% on Tuesday after the CEO Elon Musk tweeted that he was considering taking the company private for $420 per share.
HKBN, the Hong Kong residential broadband provider, is set to acquire WTT HK, the local fixed-line operator, in a deal worth $1.34B, both companies stated on Tuesday.
Kinder Morgan Canada is expecting to complete the acquisition of its crude oil pipeline Trans Mountain in the end of this year, the company announced on Tuesday.
Iraq's Prime Minister Haider al-Abadi said on Tuesday that Iraq did not agree with Iranian sanctions imposed by the US, but nevertheless was ready to abide them.
The Senate of Italy approved on Tuesday a law that restricted temporary job contracts, as well as penalised companies that moved their production outside the country.
Carl Icahn has urged shareholders of the insurance provider Cigna Corp to vote against the $52B purchase of Express Scripts Holding Co due to threats of regulation and competition.
According to a recent survey by Richard Ivey School of Business, the Canadian Purchasing Managers' Index fell to 61.8 in July, compared to the market estimate of 64.2.
On Monday, India's Rcom and Sweden's Ericsson gained the Supreme Court's approval for its wireless assets sale to Reliance Jio in a deal valued at $80.06M.
Nissan Motor agreed on its electric vehicle unit sale to China's renewable energy company Envision Group for a price that was not disclosed, the automaker reported.
India called on the local telecom operators to figure out how to block applications like Whatsapp and Facebook in case of any misuse.
On Tuesday, India's ride-sharing firm Ola stated it was eager to launch its operations in Britain in 2018, a couple of months after starting its services in Australia, as it seeks to outrace its rival Uber.
The US billionaire Stan Kroenke has won the $2.3B worth battle for Arsenal, after his Russia's competitor and minority investor Alisher Usmanov had agreed on its sale.
Baidu CEO stated on social media that the Chinese firm was ready to beat Alphabet's Google, if the US search engine titan re-entered China's market after leaving it eight years ago.
Frutarom's shareholders accept $7.1B takeover by International Flavors & Fragrances, Israel's firm stated on Tuesday.
On Tuesday, the US-Israeli businessman Naty Saidoff has taken control of the Israeli biggest construction company Shikun & Binui, finalising an agreement with Arison Investments.
Rodrigo Duterte is set to cancel the $1.5B casino investment project in Manila by Landing International Development Ltd, the presidential spokesperson Harry Roque said on Tuesday.
The German Federal Statistical Office reported on Tuesday that the industrial production in Germany fell 0.9% in June, compared to a 2.4% increase in May.
Paul Drayson, Britain's biotech entrepreneur, is eager to attract $78M through a new AI drug research company's initial public offering, planning to list on the London AIM market the following week.
The specialist EU financial services private equity group AnaCap Financial Partners acquired on Monday the first loan portfolio and lien corporate debt from the Slovenian second largest bank Nova KBM.
On Monday, Connecticut Water Service and SJW Group announced they were switching from merger to acquisition accord, with SJW making a $1.1B all-cash takeover bid for the utility.
Australia's Wesfarmers is quitting coal by selling the last coal asset in Bengalla thermal coal mine in a $635M deal with New Hope Corp.