Tyson Foods is set to revive limited production at the company's biggest pork plant in the United States this week.
On Wednesday, BMW AG stated that the coronavirus impact would likely hit its profit and demand throughout the current year, making the German carmaker to trim its profit outlook.
British competition watchdog is planning to block the sportswear retailer Footasylum takeover by its larger rival JD Sports, saying the deal would leave customers less favoured and require JD to sell off the chain.
The US Federal Reserve of New York reported on Tuesday that the US households debt surged to a new level at $14.30 trillion, but access to credit tightened in the Q1.
The US Treasury Department would begin distributing $4.8B in pandemic funds to Native tribes in the United States. The US Interior and Treasury Departments announced on Tuesday.
On Tuesday, the German Constitutional Court gave the European Central Bank three months to justify the Public Sector Purchase Programme.
According to a draft document, seen by Reuters, the European Commission is expected to add Mauritius, Bahamas and Panama to its money laundering blacklist.
Norwegian Air is set to sell its new shares at 79% discount to the latest price traded on the Oslo Bourse, seeking to boost equity to qualify for aid package from Norway's government.
Shares of Wayfair, the online furniture retailer, soared 35% to a record-high after posting stronger-than-expected quarterly results amid the increase in home furniture orders.
The Commerce Department stated that the US trade deficit rose 11.6% to $44.4B last month, as the coronavirus outbreak affected the flow of goods and services.
Sinch, the provider of cloud computing services, announced that it is set to buy SAP Digital Interconnect in a €225M deal, which will increase its presence in the US.
Hong Kong's retail sales declined 42% year-over-year in March, the 14th month of decrease in succession, government data revealed.
The UK sales of new cars plunged 97% year-on-year in April to the lowest level since February 1946, as dealerships and factories shut amid the coronavirus outbreak.
On Tuesday, Lenovo Group announced it had launched a server platform fitted with the Advanced Micro Devices data centre chips that allow it to handle heavy computing tasks.
On Tuesday, Orca Security, Israel's cloud security start-up, stated it had raised $20M in a round of funding conducted by GGV Capital with Silicon Valley CISO Investments and YL Ventures participation.
German luxury fashion house Hugo Boss was hopeful of its Chinese and online sales to rebound, but sees the coronavirus crisis to hit before any recovery takes effect after its Q1 sales plunged by 17%, knocking its shares.
Microsoft is set to invest $1.0B in Poland on the back of its project that involves a data centre opening, as the tech giant seeks to provide the country's government institutions and businesses with its cloud services.
On Tuesday, global stock indices recovered, as they stopped a three consecutive trading session loss streak.
BNP Paribas reported its Q1 profit plunged by 33.1% amid the coronavirus crisis that hit its equity trading, as well as prompted the Euro zone's largest bank to commit over €500M in loan provisions.
United Airlines Holdings is set to slash at least 3,4K of its administrative and management positions in October 2020 as the pandemic is hitting air travel demand harder, according to files seen by Reuters.
Wizz Air, the Hungarian low-cost airline, reported its passenger numbers tumbled 98% last month from the same period in 2019 as the coronavirus crisis the aviation industry across Europe.
Apple launched a new version of MacBook Pro, saying the updated model has modified keyboards after the laptop line faced criticism over typing-related issues, while also said about more storage and boosted performance.
News Corp revealed on Monday that it had chosen Almar Latour as the new CEO of Dow Jones.
On Monday, Reuters published a report, which revealed how central banks have continued to buy assets.