On Tuesday, the German Verdi labour union opposed strongly to a potential merger deal between Commerzbank and Deutsche Bank, claiming that the newly formed group could become an attractive target for any foreign hostile takeover.
Verizon Communications reported on Tuesday it managed to fix the issue, which triggered a widespread outage affecting its text services for some clients at the US East Coast this morning.
On Tuesday, the Japanese space agency and Toyota Motor stated they had agreed on a partnership to develop the manned lunar rover ran by fuel cell technologies.
On Tuesday, Smith & Nephew, the UK medical products maker, announced it would acquire the US regenerative medicine developer, Osiris Therapeutics, in a deal valued at $660M, as it sought to boost the company's profit margins.
E.ON is planning a temporarily supervisory board expansion to tap the estimated integration of its peer Innogy, whose retail and networks activities should pass to E.ON amid the breakup deal.
China's start-up Luckin Coffee chairman has tapped banks, such as Morgan Stanley and Goldman Sachs, for at least $200M loan in exchange for their role in the company's planned initial public offering.
Volkswagen's CFO Frank Witter stated the Traton truck division initial public offering was a good idea, but the current environment at the markets was quite challenging, adding VW would announce about its decision soon.
Volkswagen CEO Herbert Diess stated on Tuesday the German carmaker had no plans for acquiring a minority stake in Waymo, Google's self-driving cars project, adding that discussions with Ford about developing autonomous vehicles continued.
The freight railroads owner Genesee & Wyoming stated it had been exploring options, which include a minority stake sale, according to a Bloomberg report published on Monday.
On Tuesday, Australia's Dexus, the real estate developer, announced it would take the remaining stake of Sydney MLC Centre together with an associated property firm in a deal worth A$800M.
The US software start-up Cloudflare stated on Tuesday it attracted $150M in its latest round of funding, led by the global investment company Franklin Templeton.
On Monday, the Chief Executive Officer of Tesla Elon Musk announced that his tweet on production volume did not violate the fraud settlement, which had been previously reached with the Securities Exchange Commission.
On Tuesday, the US Secretary of State announced that Russia and Cuba are to be blamed for the political crisis in Venezuela. Namely, the two governments are blamed for helping Nicolas Maduro in holding his power.
Spain's Enagas teamed up with Singapore's wealth fund GIC and the US investment group Blackstone and will pay $590M for a 10.93% indirect ownership stake in the American energy firm Tallgrass Energy, as part of their consortium deal.
International Shareholder Services, the proxy advisory firm, recommended some Elliott Management's nominees to be elected as Hyundai Motor Group's directors on the back of its fight with South Korea's conglomerate.
The US chip supplier Nvidia confirmed on Tuesday its $6.8B acquisition of Mellanox Technologies, the Israeli chip designer, outbidding its competitor Intel, in a transaction that would aid the company to boost its artificial intelligence business and data centre.
The US private equity group Arcline Investment Management, set by the former dealmaker of Golden Gate Capital, Rajeev Amara, announced on Tuesday it raised $1.5B, in the biggest debut for the US buyout fund in about a decade.
On Tuesday, Japan's Fujifilm Holdings announced it would purchase Biogen's Danish subsidiary in a deal worth $890M, as it sought to boost its healthcare business.
Tamasek Holdings, the Singapore state investor, has agreed to acquire about 30% of the Danish engineering company Haldor Topsoe, in a deal valued at $1.5B, sources reported on Tuesday.
On Tuesday, the British Pound surged due to the news that the Prime Minister of the United Kingdom gained the approval of some changes to her Brexit deal from the European Commission.
Stock indices surged upwards during the Asian session on Tuesday. Some attributed the surge to events in the EU. Although, it was seen by technical analysts as an ordinary recovery after prior week's losses.
The Prime Minister of Malaysia announced on Tuesday that the government of Malaysia is about to evaluate the future of Malaysia Airlines. The company has been unprofitable and might get shut down, sold or refinanced.
On Tuesday, the Chief Executive Officer of the Taiwanese company Foxconn announced that his company is not going to suffer any losses due to being sued by Microsoft. Foxconn was sued for allegedly not paying patent royalties.
Preliminary data revealed that the foreign direct investments' inflow to Georgia in 2018 amounted to $1.23B, down 34.9% year-over-year, the National Statistics Office stated.