The British chip manufacturer Arm Holdings is set to sell 51% stake in Arm Technology China to a consortium owned by Hou An Innovation Fund for $775M.
The CEO of Tesla Inc Elon Musk said reaching the Model 3 production target of 5k cars a week until the end of June was ‘quite likely', as the current capacity was 3.5k vehicles.
Employees of Centrale Danone in Morocco protested against job loss late on Tuesday, thus adding pressure to the company which is already suffering from consumer boycott.
Facebook stated that the company had partnerships of data sharing with at least four China'companies, including the third biggest smartphone maker Huawei.
The Governor of Russia's Central Bank Elvira Nabiullina stated that the Bank is set to complete the cycle of cutting rates and switch to a neutral monetary policy.
Inflation-adjusted real wages of Japan's workers were unchanged in April, suggesting that consumer spending is likely to lose momentum.
The Australian Bureau of Statistics stated that the country's GDP expanded 1% in the Q1, above expectations for a 0.9% growth, following an upwardly revised 0.5% in the prior quarter.
Global stocks continued to surge on Tuesday. Namely, an appreciation in tech stocks caused the Nasdaq index to hit a record high.
The President of the US is set to hold talks with trade advisers about the $70B trade offer made by Beijing.
The government of the United States on Tuesday issued a warning to global governments and the corporate sector that it will crack down on all Iranian efforts to support terrorism.
The Prime Minister of Iraq on Tuesday announced that there were violations in the parliamentary elections of the country.
Britain sold 7.7% of its stake in Royal Bank of Scotland, which was rescued by the country in the financial crisis, but took a more than $2.68B loss on the deal.
Samsung Life Insurance put City of London headquarters of Commerzbank AG up for sale for about $570M, sources familiar with the matter stated.
Larry Kudlow, the White House economic adviser, stated that the US President Donald Trump may look forward to separate talks with Mexico and Canada, aiming to get individual deals.
The Institute for Supply Management reported that the US Non-Manufacturing PMI increased to 58.6 in May from 56.8 in the previous month.
The Labour Department stated that the US job openings increased to a record high of 6.7M in April, following 6.6M in the prior month.
Statistics Canada stated that the labour productivity of the country's businesses fell in the March quarter, as business production slowed down even with an increase in hours worked.
Markit report showed that the UK services PMI increased to the four-month high of 54.0 in May, indicating a strong upturn in business activity across the economy.
The volume of retail sales in the Euro area rose 0.1% in the month of April, missing expectations for a 0.5% rise and following upwardly revised 0.4% gain in March.
On Monday, Thomson Reuters, the financial news agency, has appointed Neil Masterson and Brian Peccarelli as its joint Chief Operating Officers as part of the company's restructuring.
Newell Brands, the consumer product maker, announced on Tuesday that it is planning to sell its brand Rawling Sporting Goods to Seidler Equity Partners in a deal valued at $395M.
On Tuesday, the Ukrainian state security service has prevented a panned cyber-attack on the NATO country embassy in Kiev, the SBU announced in a statement.
On Monday, Italy's Enel SpA has acquired 73% of Brazilian Eletropaulo shares in a deal valued at $1.48B that would allow Enel to become the biggest electricity distributor in Brazil.
KKR and Goldman Sachs have invested $360M in the Portuguese low-code application service OutSystems, bringing the company's value to over $1.0B.