The German carmaker Daimler suspended its Mercedes-Benz's local sales franchise in China, as a complaint from a customer over dealership service had gone viral across social media.
Germany's Manager Magazin reported on Tuesday that ING Groep approached Commerzbank over a potential merger deal; however, Commerzbank's CEO Martin Zielke declined to enter the formal talks.
On Tuesday, Caesars Entertainment, the US casino operator, has appointed Anthony Rodio as the corporation's Chief Executive Officer, after facing pressure to sell itself from the activist investor Carl Icahn.
Sberbank's head German Gref stated on Tuesday that he could not provide a confirmation for talks with the Azeri state energy group Socar over the Antipinsky oil refinery potential sale.
Johnson & Johnson topped its Q1 profit forecasts due to higher sales as the company's pharmaceuticals unit, sending its shares up 1.8% to $139.
Italy's Atlantia denied it was in talks with the railways firm Ferrovie dello Stato about potential involvement in the struggling carrier Alitalia's rescue, the infrastructure group chairman assured on Tuesday.
Lufthansa reported on Tuesday it faced an operating loss worth $380M for its Q1, hurt by excess capacity in the EU and rising fuel costs, the news that sent the carrier's shares down 1% at 0925 GMT.
Kingspan, the Irish insulation company, has made a €700M proposal for the flexible and insulation foams divisions of the Belgian company Recticel, it announced on Tuesday.
On Tuesday, UnitedHealth Group reported its Q1 profit topped analysts' forecasts, raising its current year's earnings estimates, sending company's shares up 3% on the news.
The US manufacturing production remained unchanged last month, following two straight monthly declines that caused the biggest quarterly decrease in output since 2017.
BlackRock reported on Tuesday its Q1 profit beat analysts' expectations with a drop to $1.05B or $6.61 for a share, while analysts forecast a net income of $6.13 for a share.
Shares of the Italian payments company Nexi dropped 6% on their Milan stock exchange's debut and were trading at €8.44 by 1030 GMT, below the price range set last week, raising about €2.0B.
The former KKR head David Liu's DCP Capital announced on Tuesday it had attracted $2.5B in the US dollar and yuan funds debut, granting the PE firm firepower to make an investment in Greater China.
Ford Motor's China joint venture Changan Automobile Group is expecting a sales rebound by the current year's end as the US carmaker boosts its product line in the Asian country.
Polish officials announced on Tuesday that Huawei might not be banned from 5G development in Poland. Previously, a ban was expected. The changes were announced after it was discovered that mobile operators will experience large cost increases, if Huawei is excluded.
On Tuesday, as the European Central Bank policymakers revealed that they doubt that economic growth will recover in the second half of 2019. The announcement caused a drop of the Euro and European bonds.
The French president Emmanuel Macron's EU election campaign has been suspended after the devastating fire that took place at Notre-Dame Cathedral yesterday.
Hong Kong Airlines has appointed the former director Zhong Guosong as chairman on the back of the company's board expansion, as the debt-laden carrier is seeking for new funds to survive.
Fiat Chrysler's unit and the Italian auto parts producer, Magneti Marelli, confirmed that no job cuts were expected after a $7.0B worth takeover by the Japanese firm Calsonic Kansei.
Vivendi's shareholders supported the French conglomerate's plans at its annual general meeting for a potential share buyback, which could give Vincent Bollore's holding group greater control over Vivendi.
OTB, the Italian fashion group, is planning a $226M investments within the following three years in acquiring other firms, after the company had boosted its financial strength last year.
Schneider Electric has inked a contracting deal with the gas and oil company BP to work as one of its main electrical contractors, after the French firm agreed to provide BP with the full-scope design and engineering services.
The UAE's Brooge Petroleum & Gas Investment Co announced it is planning a listing on Nasdaq after a merger with the US-based company Twelve Seas Investment.
Centauro, Brazil's sporting goods retailer, set a price for its IPO at 12.50 reais for a share, close to its range's bottom of 12.10 reais, a source close to the matter reported.