Finland's telecoms equipment producer Nokia announced plans to cut nearly 180 jobs in Finland in 2020, while also planning more investments in 5G technologies.
Omio, the Berlin-based online travel firm, is expanding its services in North America, joining other EU fintech and mobility start-ups in willingness to boost operations in the largest tourism and travel market in the world.
On Tuesday, the largest US bank JPMorgan Chase reported a 21% surge in its quarterly profit to $8.52B (or $2.52 per share), boosted by higher underwriting fees and strength in the lender's trading business.
Visa Inc agreed to acquire Plaid Inc, the privately-owned software start-up, in a deal worth $5.3B that will expand access of the payments giant to the rapid-growing financial technology space.
Brookfield Renewable Partners offered to acquire a 38% stake of TerraForm Power Inc, potentially valuing the electricity firm at $3.93B, as Brookfield seeks to expand its power portfolio.
The Brazilian miner Vale has entered talks to raise its stake in the energy generation joint venture, Aliança Energia, set up with Companhia Energética de Minas Gerais in 2015, Valor Econômico reported on Tuesday.
Lyft is forming a council of advisory experts, as the ride-hailing firm needs consultation on its platform safety, used by drivers and riders, the company announced in its blog post published on Tuesday.
Hong Kong's markets regulator has ended UBS's ban on the initial public offerings sponsorship two months before the due date, following a review of the lender's enhanced governance processes, Reuters reported.
Vivendi urged a Holland court to block the merger deal between Mediaset TV and its Spanish division into a Dutch vehicle, Italy's broadcaster stated.
Britain's Prime Minister Boris Johnson called on Huawei critics to suggest other alternative technology that might be used in the British new 5G networks instead of the Chinese tech giant's equipment.
Vingroup JSC, Vietnam's largest conglomerate, announced on Tuesday it decided to cancel its plan for an airline launch, as it sought to focus on industrial production and technology development instead.
The French carmaker Renault and its Japanese partner Nissan stated their alliance was not headed for a break-up, denying a report by media of a potential dissolution that sent the alliance's shares down to their record-lows.
Visa Inc has agreed to buy financial technology startup Plaid Inc for $5.3 billion deal. The company announced on Monday.
The Japanese Yen declined to an eight-month low against the US Dollar on Tuesday, after the US changed its decision to label China as a currency manipulator.
On Monday, UK's PM Boris Johnson met with First Minister Arlene Foster of the DUP, and her deputy, Michelle O'Neill to mark the revival of devolved government in the province for the first time in 3 years.
According to analysts on Monday, Iran is unlikely to close the Strait of Hormuz over the killing of the Iranian top military commander Qassem Soleimani.
Ford Motor's vehicle sales in China declined 26.1% for a third year, falling for a third year in a row, while it battled prolonged overall sales decrease in the second-biggest market.
Maersk announced plans to concentrate on premium services, including cold storage, to avoid competing with freight-forwarding clients, while expanding its land transportation business.
The German conglomerate Thyssenkrupp has stepped up its efforts to sell the Industrial Solutions unit, the construction company that builds industrial sites and plants, according to the Financial Times report.
On Monday, Renault shares reached their six-year low as shareholders are worried the French carmaker's cost-sharing alliance with the Japanese car manufacturer Nissan might break up without its ex-CEO Carlos Ghosn.
The Peugeot family, the owner of 6.2% stake in the PSA-Fiat Chrysler tie-up, is seeking to raise its holding in the nearest time by up to 2.5%, a representative stated in an interview.
Ford Motor's vehicle sales in China plunged by 26.1% for the third year in succession, as the carmaker struggles with an overall sales decline in the Chinese market that had hit demand for Ford's mass-market brand and SUVs.
On Monday, global stock markets were hovering near their record levels right ahead of the Phase 1 US-China trade deal that is expected to be signed in the nearest time, according to Reuters.
David Calhoun, the new Boeing CEO, has taken over his duties on Monday, as the US planemaker struggles to recover after fatal crashes involving its 737 MAX aircraft that claimed lives of 346 people and triggered the jet's worldwide grounding.