The founder of Luxottica Leonardo Del Vecchio is seeking to propose the candidature of the company's current CEO Francesco Milleri as Chief Executive Officer of a new merged firm EssilorLuxottica.
The Ford Motor Company on Tuesday announced that for the first time in the last ten years the company has profited in India.
On Tuesday, oil prices declined due to the US exemptions that will allow the biggest importers of Iranian oil to continue to buy crude from Iran.
The Reserve Bank of Australia has kept its official cash rate at 1.50%. In the aftermath of the announcement the value of the Australian Dollar remained steady.
On Tuesday, before the US midterm elections the value of the US Dollar remained steady in face of the political turbulence.
China was ready to hold negotiations and work with the US to resolve trade issues, as the world's two biggest economies stand to lose from confrontation, Wang Qishan, the country's Vide President, stated.
Japan's household spending dropped 1.6% year-on-year in September, falling short of expectations and suggesting a weak recovery after consumption was hit by an earthquake and typhoons.
General Electric was in negotiations to sell commercial lighting unit to private equity company American Industrial Partners, according to sources familiar with the matter.
The UK consumers perked up modestly last month, but provided little sign that they were back to free-spending ways of the last summer, amid insufficient confidence over the economic outlook, an industry report revealed.
Investments in German real estate declined by approximately €3B to €65B by the end of the third quarter of 2018, a study by PwC shows.
Talks with the US over a new nuclear agreement are possible if Washington changes its approach to negotiations, the Foreign Minister Mohammad Javad Zarif says.
China and Russia plan to explore new areas of cooperation and create a more favourable business environment, the Chinese Vice Premier Han Zheng says.
The European Council should decide on meaningful migration policy and avoid improvised solutions, the European Commission President Jean-Claude Juncker says.
Negotiations with the US to solve mutual issues would be an "obvious mistake", Iran's Supreme Leader Ayatollah Ali Khamenei says.
Latvia's tight labour market is likely to slow down the nation's medium and long-term growth, the head of the International Monetary Fund's mission to Latvia says.
China wants to build an open world economy and East Asia economic community, the Chinese State Councilor and Foreign Minister Wang Yi says.
Rwanda plans to double tourism revenues in the next six years through sustainable wildlife conservation, a top official in the Rwanda Development Board says.
Deutsche Bank's asset manager DWS Group entered into the binding deal to acquire a 15% equity stake in the Dubai-based Neo Technologies, both companies stated on Sunday.
Lowe's Companies, the home improvement chain, is set to shut down 51 underperforming stores in Canada and the United States, the company announced on Monday, as it seeks to surpass its rival Home Depot.
Thoma Bravo is set to acquire the software security company Veracode from the US chipmaker Broadcom in a deal valued at $950M.
On Monday, Greencross, Australia's veterinary clinics operator, stated it had received a A$5.55 per share takeover bid from the US private equity group TPG Capital, valuing the pet-care firm at A$668.4M.
According to a political editor of The Sun newspaper, the Brexit deal between the European Union and Britain will not be agreed this week and is likely to take place on November 27 or 28.
Takeda Pharmaceutical's CEO is confident of investor backing for the $62B takeover of Shire, despite shareholders' concerns over resulting debt burden.
Tencent Holdings is set to expand its addiction-prevention system aimed at underage gamers to all the games due to a rising government scrutiny faced by the video gaming industry.