France's healthcare group Sanofi is in negotiations to sell its EU generics drugs arm Zentiva to Advent International, the US private equity firm, for $2.4B, the companies announced on Tuesday.
The German grocer Edeka and the Swiss food company Nestle are discussing details of a new pact, after reaching a compromise in the month-long rice low.
South Korea's senior officials are expected to visit Pyongyang right ahead of the summit between the South and North leaders Moon Jae-in and Kim Jong Un scheduled for the next week.
On Tuesday, the German Social Democrat Party urged the Chancellor Angela Merkel's Conservatives to speed up backing their proposals over the Euro zone reform on the back of the coalition deal.
Toyota Motor is planning to launch sale of the 'talking' vehicles in the United States as soon as in 2021 with the new cars communicating with each other to prevent thousands of accidents on the roads.
On Monday, the UK pubs group JD Wetherspoon has shut down all its accounts in social media in protest against the accusations of personal data misuse.
Tesla announced on Monday it had temporarily halted its Model 3 vehicle production, as the carmaker continued to face challenges that were ramping out the new sedan.
On Monday, Elon Musk's Boring stated it had raised $112.5M in equity, where 90% came from Musk himself, amid company's intention to construct underground tunnels for the hyperloop transportation project.
The Japanese Finance Minister Taro Aso explained on Tuesday that the country preferred the US to join the Trans-Pacific Partnership instead of forming a bilateral trade agreement.
The US cryptocurrency exchange Kraken has decided to suspend its services in the Japanese market due to increasing business costs, as reported by Bloomberg.
Asian stocks opened with a modest rise on Tuesday following a report that China's economy grew at a faster-than-expected pace during the first three months of 2018.
The real estate investment in China grew by 10.4% and climbed to a three-year high during the first quarter of 2018, being boosted by higher construction spending.
The Chinese economy expanded 6.8% in the March quarter of 2018, a bit faster than anticipated, fuelled by strong demand and robust property investment.
The International Monetary Fund stated that it anticipated New Zealand to reveal solid economic growth in 2018, but noted that the housing market posed some mid-term risks to the country's economy.
The Reserve Bank of Australia stated that there was a scant reason for a rate hike this month, as inflation stood below target and set to remain subdued amid sluggish pay growth.
Britain and the US accused Russia that it launched cyber attacks on firewalls, routers and other equipment used by businesses, government agencies around the globe.
William Dudley, the NY Fed President, stated that the Federal Reserve is likely yo raise rate gradually three or four times in 2018, targeting policy rate to increase to 3%.
The Association of German Industry stated that it opposed new regulations by the EC to make digital firms pay more tax, adding that it would result in extra burdens.
The Chief Economist of the ECB stated that benign economic projections for the Euro Zone were underpinning the Bank's confidence that inflation within the bloc is set converge the target.
T-Mobile agreed to pay $40M to resolve the investigation that found the company set false ring tones and failed to resolve issues with delivering services in the US rural areas.
The European Union is demanding compensation from the US for its aluminium and steel tariffs, despite Washington's statement the tariffs are not subject to the WTO rules.
On Monday, the gas and oil producer Vermilion Energy announced it would acquire its rival Spartan Energy in a deal worth $1.11B that was seen to lift its light oil production in the United States and Canada.
Marriott Vacations Worldwide is in advanced talks to clinch merger with the peer ILG, sending ILG's shares up 7% to $33.25 on such news, sources familiar with the issue reported.
JD.com is planning to invest $85.4M for a 33% stake in the global insurance firm Allianz's China unit on the back of the e-commerce company's push into the financial services.