The Prime Minister of the United Kingdom announced on Tuesday that she will seek a further Brexit delay. Moreover, the PM intends to work out a deal with the opposition.
On Tuesday, it was announced by major automakers that during March all companies have experienced a decline in automobile sales. Meanwhile, the automakers announced that they expect a surge in auto sales during the rest of the year.
On Tuesday, the head of Daimler announced that the recent Boeing scandal is bound to hurt all autonomous tech development in the world. The announcement is revealing that Daimler has been creating new technology that has been affected.
Crude oil price benchmarks on Tuesday hit a new high level. The surge of the prices was caused by OPEC production cuts.
On Tuesday, the Foreign Minister of Ireland announced that there will be no countenance checks at the Irish EU ports in the case of a no-deal Brexit. Ireland intends to have a open border with Northern Ireland.
On Tuesday, representatives of Vodafone announced that the company is expecting an approval of its Liberty Global asset purchase by the middle of this year.
A report published by the IIF on Tuesday revealed that global debt has grown in 2018 by $3.3 trillion. During the year before debt had grown by $21 trillion.
Representatives of the auto part supplier Continental announced on Tuesday that the company is expecting car software revenues to quadruple by 2030.
On Tuesday, the Euro reached a three week low level against the US Dollar. The reason for the decline were the recent news that the European Central Bank will continues its monetary easing policy.
During Tuesday's London session Bitcoin's price jumped by twenty percent. The move was attributed to a large anonymous buy order that created the needed demand for the price surge.
On Tuesday, US markets opened flat. The flat opening was considered normal, as US stocks had surged during the past three trading sessions.
On Tuesday, Japan's Toyota Motor posted a 3.5% drop to 214,947 cars in the US auto sales in March, tumbled by weaker demand for the carmaker's Camry vehicles and Corolla sedans.
The CEO for Sunrise Communications, Olaf Swantee, is optimistic to receive an approval from its largest shareholder Freenet for its planned acquisition of UPC's Swiss business unit.
UGI Corp, the energy distributor, stated on Tuesday it would acquire about 75% in AmeriGas Partners, the retail propane marketer, in the cash-and-stock deal worth $2.44B.
ADNOC has signed a long-term agreement with Xiamen Sinolook Oil of the high-quality base oil sales into China, the firm announced on Tuesday.
The US private equity group Warburg Pincus is planning to make a $221M investment within the following five years, aiming to expand its Israeli credit card firm into the lending areas.
On Tuesday, the French aerospace and defence electronics firm Thales announced it had finalised its €4.8B takeover of the chipmaker Gemalto, bolstering the group's presence in the security services market.
According to sources familiar with the matter, the Chinese giant Tencent is expected to sell this week bonds worth $5B.
On Tuesday, the Australian government has submitted a draft budget, which presupposes tax cuts for the middle class as well as record spending on education and health.
According to the Israeli government office, the Prime Minister of Israel Benjamin Netanyahu would fly to Russia on Thursday to meet with the Russian President Vladimir Putin on Thursday.
The Australian Dollar edged lower by 0.91% against the US Dollar on Tuesday. This decline was attributed to the remarks made by Australia's Central Bank.
On Tuesday, the Norwegian sovereign wealth fund has appointed Karsten Kallevig as the Chief Investment Officer.
According to a source with knowledge of the matter, the United States and Japan are likely to begin their first part of trade negotiations in Washington in the middle of April.
The EU chief Brexit negotiator Michel Barnier stated on Tuesday that over the last couple of days Britain has become closer to no-deal exit from the bloc, though there is still a chance to avoid such outcome.