The US plans to file a lawsuit against Fiat Chrysler Automobiles NV for bypassing emission controls in their diesel vehicles, according to sources familiar with the matter.
Greece explained on Tuesday that it has already introduced the necessary reforms; thus, it was the duty of foreign creditors to fulfil their obligations in terms of debt relief.
Statistics Canada reported that wholesale sales climbed 0.9% month-over-month in March, while analysts anticipated a 1.1% increase following April's upwardly revised rise of 0.3%.
The US Commerce Department reported that new home sales dropped 11.4% to a seasonally adjusted annualised pace of 569K units in April, marking the largest fall since March 2015.
Markit reported on Tuesday that its preliminary PMI for the Euro zone manufacturing sector came in at 57.0 in May, up from the prior month's 56.7, whereas analysts anticipated a fall to 56.5.
The Ifo Institute for Economic Research reported on Tuesday its Business Climate Index climbed to 114.6 in May, following the preceding month's 113.0 and topping expectations for an increase to 113.1.
According to the source familiar with the matter, the German prosecution launched an investigation into employees of Daimler regarding possible manipulation of its diesel engines to cheat on emissions tests.
The United States has not verified the Islamic State were connected to the Manchester suicide attack that left 22 people dead despite the ISIS had already claimed responsibility for the blast.
Huawei is tending to enter the global PC market, moving aside its rival PL players like Lenovo, Dell and HP, and has already introduced its three new notebooks at the Berlin news conference.
Monday's deadly incident at the Ariana Grande concert in Manchester prompted the countries across the world to call emergency meetings over tightening security of the upcoming cultural events.
On Tuesday, the Brazilian police arrested at least 10 former politicians amid the investigation into suspected overpricing of nearly $280M in the Brasilia football stadium construction.
Public sector net borrowing in the United Kingdom plummeted £23.4B to £48.7B in April 2016 to March 2017 period, the lowest since the fiscal year ended March 2008.
North Korea alleged that its missile tests are a self-defence act that was completely legal, adding that the United States was real aggressor with its hostile policy aimed to aggravate the situation on the Korea's peninsula.
IHS Markit's Flash Composite PMI for the Euro zone came in at 56.8 for the month of May, unchanged from the growth rate registered in April.
On Tuesday, the PPG Industries CEO Michael McGarry stated the company was still interested in a "consensual" takeover with Akzo Nobel despite the Dutch paint maker refused its $29.5B deal offer.
Apple is in talks to expand its Bengaluru tech hub's capacity in India amid company's intention to raise its market share in the world's largest smartphone market.
According to lawyers, the Jakarta governor Basuki Tjahaja Purnama intends to drop an appeal against his conviction for blaspheming Islam, surprising the prosecution.
On Tuesday, France's President Emmanuel Macron is eager to hold a telephone conversation with the UK PM Theresa May to stay informed regarding the Manchester attack and support Britain in fighting terrorism.
The number of Manchester attack's casualties rose to 22 after a suicide bomber exploded a bomb at the Ariana Grande concert on Monday.
On Tuesday, the Seoul Court's prosecution stated that the ex-South Korean leader Park Geun-hye could be sentenced to more than 10 years, if found guilty of power abusing and taking bribes.
On Tuesday, the British political parties made a decision to suspend the June 8 election campaign following the Manchester suspected suicide attack at Ariana Grande's concert.
19 people are reported to be dead and 59 more wounded amid a suspected suicide blast at the Ariana Grande concert in the British city of Manchester.
In a statement released on Tuesday, Paytm, a Delhi-based payment and commerce company, announced it had set up a payments bank.
Luis Madrazo, the Mexican Finance Ministry Chief Economist, said the country's economic outlook had improved on the back of strong factory exports growth in the Q1.