One of the leading shareholders in Danske Bank ousted a chairman amid money laundering scandal, which could also cause its CEO resignation.
Eli Lilly is planning to explore more takeover deals similar to the $1.6B worth purchase of the cancer drug maker Armo Biosciences it had made earlier this year, the company stated on Tuesday.
CVS Health reported on Tuesday its Q3 profit surged 8.2% to $1.39B, compared to the prior year's $1.29B, driven by an increase in sales of the prescription drugs at the company's stores.
The US investment bank Stifel is set to acquire the German Mainfirst Bank, seeking to establish a scale in its Swiss and German equity research business, as well as to prepare for Brexit.
Volkswagen has warned on Tuesday that its operating return on the carmaker's sales at the main VW passenger vehicle brand was likely to be at the lower level of its 4-5% target range in 2018.
On Tuesday, Russia's Rosneft stated the Qatari Investment Authority wealth fund was set to pay nearly $4.23B for the Russian oil giant's 14.16% stake, becoming its third-largest shareholder.
On Tuesday, it was announced that most likely Iranian November oil statistics will show a sharp decline due to US sanctions and an immediate rebound caused by the exception wavers.
On Tuesday, the Vice President of Iran announced that his country can export as much crude oil as the country needs despite US pressure.
China is set to encourage the centrally government-held shipping firms to merge and consolidate, according to the state assets regulator's report.
The German hearing aid maker Sivantos and its Danish rival Widex have delayed their application for the EU Commission to receive the approval for the $8.0B merger, despite both the companies stayed committed to the deal.
AstraZeneca has launched a sale of its three older asthma and rhinitis drugs for $350M or more amid company's strategy to divest assets and make new medicine investments.
The Chinese carmaker Zhejiang Geely Holding Group stated on Tuesday it had clinched a cooperation deal with China's Aerospace Science and Industry Corp for "supersonic" train development in the country.
The medical technology firm Medacta is getting ready for its Swiss initial public offering n the SIX Swiss Exchange scheduled for the next year's spring, backed by such investment banks as Morgan Stanley, Credit Suisse, JPMorgan and UBS.
Thyssenkrupp is set to replace Andreas Schierenbeck, the director of its elevators unit, as the German conglomerate has launched a far-reaching restructuring plan.
The Chinese coffee Luckin Coffee is seeking to double its valuation up to $2.0B in a new funding round amid the company's aggressive expansion across China and target to outrun its US rival Starbucks.
The founder of Luxottica Leonardo Del Vecchio is seeking to propose the candidature of the company's current CEO Francesco Milleri as Chief Executive Officer of a new merged firm EssilorLuxottica.
The Ford Motor Company on Tuesday announced that for the first time in the last ten years the company has profited in India.
On Tuesday, oil prices declined due to the US exemptions that will allow the biggest importers of Iranian oil to continue to buy crude from Iran.
The Reserve Bank of Australia has kept its official cash rate at 1.50%. In the aftermath of the announcement the value of the Australian Dollar remained steady.
On Tuesday, before the US midterm elections the value of the US Dollar remained steady in face of the political turbulence.
China was ready to hold negotiations and work with the US to resolve trade issues, as the world's two biggest economies stand to lose from confrontation, Wang Qishan, the country's Vide President, stated.
Japan's household spending dropped 1.6% year-on-year in September, falling short of expectations and suggesting a weak recovery after consumption was hit by an earthquake and typhoons.
General Electric was in negotiations to sell commercial lighting unit to private equity company American Industrial Partners, according to sources familiar with the matter.
The UK consumers perked up modestly last month, but provided little sign that they were back to free-spending ways of the last summer, amid insufficient confidence over the economic outlook, an industry report revealed.