On Tuesday, European stock markets started the day's trading with a surge, despite suffering biggest losses in a month during Monday's trading.
MS&AD Insurance, Nippon Life and the German insurer Allianz have entered the race with rivals to acquire the Vietnam and Singapore businesses of UK's Aviva in a deal potentially worth up to $2.5B, according to sources.
On Tuesday, Topsports International Holdings, Belle International's sportswear business, has launched an initial public offering in Hong Kong of up to $1.2B, selling around 930M shares with the indicative price band of $1.06-$1.29 per share, Reuters reported.
Thomas Cook's second-biggest shareholder stated the oldest travel firm would be sold in parts or as a whole after its collapse, adding the decision would be made after reviewing possible offers.
Boeing will face an EU antitrust probe into the planemaker's bid for a majority stake in Embraer's commercial aircraft unit, valuing it at $4.75B, and sending the Brazilian aircraft producer's shares 2.1% down on the news.
Hyundai Motor Group is planning to invest $1.6B in a new joint venture with Aptiv to develop automotive vehicle technologies, marking the latest overseas investment by the South Korean automaker to overtake rivals in the self-driving car market.
On Monday, Facebook announced it had acquired CTRL-labs, the New York-based firm that is exploring communication between people and computers by using brain signals, in a deal valued at $1.0B.
AB InBev raised nearly about $5B after the Hong Kong IPO of the company's Asia-Pacific business, sources said.
Honda Motor announced that it would cease sales of all diesel cars in he EU by 2021 in favour of electric models, as the automaker is set to electrify vehicles by 2025.
The Governor of the Dutch Central Bank Klaas Knot stated on Monday that budget rules for countries in the Euro Zone should be simplified to focus on desired debt levels not deficit.
On Monday, despite the recent Euro Zone rate cut done by the ECB, banks had increased the rates, at which they lend to one another. The rate increases are undermining ECB monetary policy.
At the start of the US trading session, crude oil price benchmarks ended their previous surge, as Saudi Arabia claimed that nearly 75% of lost output had been restored.
At the start of US trading, US stock indices surged and erased prior losses. The surge was attributed to the better than expected US PMI survey results.
On Monday, the Supreme Court of the United Kingdom announced that it would rule on Tuesday on the suspension of the UK Parliament.
On Monday, Member of the Governing Council of the European Central Bank Klaas Knot stated that the recently started stimulus program is disproportionate.
On Monday, BNP Paribas announced that a deal between Deutsche Bank and BNP could move up to 1,000 of Deutsche staff to BNP.
On Monday, a Reuters poll revealed that the Czech National Bank would most likely keep interest rates unchanged until the end of 2020.
Hyundai Motor Group and Aptiv announced on Monday a four billion US Dollar joint venture that would develop self-driving automobiles.
On Monday, worse than expected results of the European Markit PMI surveys caused a sell off of the Euro, European stocks and other assets.
On Monday, crude oil price benchmarks continued to surge, as prices reached above $64 per barrel. The surge was caused by doubts that Saudi Arabia could restore its output.
Mike Pompeo, the US Secretary of State, said on Sunday that the United States mission is to avoid war with Iran, but added that President Donald Trump would take action if deterrence measures fail.
On Monday, a group of thirteen major oil firms pushed for a plan to increase investment in carbon-capture ahead of climate discussions at the UN General Assembly in New York.
Boris Johnson, the UK Prime Minister, asked whether the bosses of companies like the collapsed travel firm Thomas Cook was properly motivated to avoid bankruptcy.
On Monday, the UK Prime Minister Boris Johnson warned against the expectation of making the Brexit breakthrough at discussions on the sidelines of the UN General Assembly in New York.