Primepulse, the German technology investor, is planning an initial public offering on the stock exchange of Frankfurt in this year's fourth quarter, valuing its shares at $294M, the company stated on Tuesday.
OYO Hotels announced it would seek to raise $1.0B from Softbank Group and other investors, as the Indian hotel chain was planning to expand its business in China and India.
On Tuesday, the owner of Arby, Inspire Brands, stated it would acquire the drive-in chain Sonic Corp in a deal valued at $1.57B, adding over 3,6K drive-in restaurants to the portfolio, including such brands as Rusty Taco and Buffalo Wild Wings.
On Tuesday, the Turkish Lira slightly recovered, as Mike Pompeo the US Secretary of State announced that he is expecting talks with Turkey over the recent disputes.
The Prime Minister of Sweden on Tuesday lost a confidence vote in the country's parliament. He is set to step down from power.
On Tuesday, Novartis announced that the company will close down 2,550 jobs in Britain and Switzerland over a period of four years.
A survey, released on Tuesday, revealed that the wealthiest families of the world are planning to invest in private equity, as on average the asset class gave a return of 15.5% last year.
On Tuesday, Unilever executives defended their plan to move their headquarters to the Netherlands on British media.
On Tuesday, Chinese authorities protested the US State Department's approval of the sale of $330 million worth of spare parts meant for F-16 military planes to Taiwan.
The Bank of England's policymakers have revealed that they have not changed their base assumptions about Brexit's impact on the UK's economy.
On Tuesday, the Danish Business Minister Rasmus Jarlov revealed that the Danish Financial Services Authority was not critical enough when examining Danske Bank's anti-money laundering compliance.
European equity markets gained ground on Tuesday, as markets received positive news from Italy, where a budget deal might be made by the parliament.
The US Dollar surged on Tuesday, ignoring trade war fears, as the markets were looking forward to the expected US Federal Reserve's rate hike.
On Tuesday, as the trade war between the US and China continued to escalate, the US Dollar continued to gain against other currencies.
On Monday, the US President announced that he is expecting to announce a meeting with the leader of North Korea in the near future.
The President of the BDI industry association in Germany announced on Tuesday that the latest escalations in US-China trade war have caused much alarm in Europe.
On Tuesday, The Germany's BDI association decreased its growth forecast for 2018 for the German economic.
Boeing has won a first leg worth $376M of the $2.4B deal with the US Air Force to build four helicopters its 46-year-old fleet.
Exyte, Germany's chip factory builder, is planning an initial public offering on the Frankfurt SE this year, adding to a flow of listings in the EU largest economy.
Britain' power firm SSE said it was planning to acquire the remaining 50% stake of Seagreen Wind Energy, as the company is targeting to enter more offshore wind energy projects.
The founders of Instagram Mike Krieger and Kevin Systrom have resigned from their posts as chief technical officer and chief executive officer, respectively.
A Reuters poll released on Tuesday revealed that the central bank of Philippines is expected to hike its interest rate this Thursday.
On Tuesday, crude oil price behcmark Brent reached a new four year high level, as oil prices continued to surge for a second consecutive trading session.
On Tuesday, Chinese authorities released a statement that they are forced to retaliate against the US in the recent trade dispute.