The UK oil major BP stated that it agreed to sell the company's Alaskan operations for $5.6B to privately held natural gas and oil explorer Hilcorp Alaska within its divestment plans.
The National Bank of Hungary announced its decision to left interest rates unchanged at 0.9%, in line with expectations, due to slowing inflation, worsening economic outlook in the Euro zone and global monetary easing.
The US house prices increased solidly 4.8% year-on-year in June, though the pace of appreciation was slowing, which together with falling mortgage rates could lead to the struggling proprerty market, the FHFA stated.
The US consumer confidence fell a bit to 135.1 in August from 135.8 in the prior month, as optimism over the present situation grew to the highest since 2000, offsetting weakening economic conditions, the Conference Board stated.
Philip Morris International and Altria Group were in talks for the all-stock merger, potentially reuniting the companies after many years in a deal set to dominating the e-cigarette market. Altria's shares grew more than 8% in early trade, while Philip Morris dropped 6%.
On Tuesday, European stock indices surged, as it was announced that Italy might avoid snap election and a government could be created.
Britain is set to make its final decision on Huawei Technologies' role in the country's 5G networks by the autumn, Nicky Morgan, the Digital Minister stated to BBC Radio on Tuesday.
Contract chipmaker GlobalFoundries has filed a lawsuit against the Apple supplier and its larger rival TSMC over patent infringement, seeking to impose a ban on the US and Germany product imports, which are allegedly made with infringed technologies.
On Monday, the stock price for Johnson & Johnson surged, as the company was fined only $572.1 million for causing an opioid epidemic instead of expected $17 billion.
KKR has become the largest shareholder of Axel Springer, the German media group, paying $3.2B for its 43.54% stake 43.54% stake, the US private equity company announced on Monday.
Jeremy Corbyn, the British opposition Labour Party's leader, claimed he would do everything necessary to prevent a no-deal Brexit, adding he was ready for a meeting with other lawmakers to negotiate tactics on blocking the government's plans.
Brazil's privatisation deal of eight Petroleo Brasileiro refineries lured some of the world's biggest trading and oil giants as prospective bidders, including PetroChina and Saudi Aramco, sources reported on Tuesday.
French oil giant Total announced on Tuesday it had inked deals to transfer its Kenya, Guyana and Namibia assets to Qatar Petroleum.
The Yen climbed on Tuesday due to some investors remaining optimistic over chances for a resolution to the trade war between China and the United States, following a major hit on the global markets amid dispute.
Papa John's International is set to appoint the President of Arby's Restaurant Group, Rob Lynch, as its new Chief Executive, following Steve Ritchie's resignation almost 19 month ago, Bloomberg reported.
On Monday, the US Dollar regained the losses that were suffered due to a tariff announcement of the US President Donald Trump.
On Monday, a German Regional Court in Düsseldorf temporarily suspended a decision, made by the Federal Cartel Office in February, to order Facebook to limit data gathering practices in Germany.
US stocks jumped on Monday after the US President Donald Trump tried to ease the trade war with China. Shares in tariff-sensitive firms surged by 2%, while a 1.9% rise in shares of Boeing lifted the DJI.
On Monday, the US President Donald Trump said that a trade deal with China is coming, as both the United States and China attempted to ease trade tensions.
On Monday, oil prices edged higher after China and the United States tried to ease trade war tensions. Brent crude was up at $59.74 a barrel by 14:10 GMT, while the US WTI was up at $54.90 per barrel.
On Monday, the spokesperson for the European Commission Mina Andreeva said that the United Kingdom must pay the EU £39b divorce bill even under a no-deal Brexit.
On Monday, Amgen Inc stated it would acquire Celgene's psoriasis drug Otezla in a cash-deal worth $13.4B, paving the way for the American pharmaceutical company Bristol-Myers Squibb to bid for Celgene with the $74B worth offer.
On Monday, Kraft Heinz Co has appointed Paulo Basilio as its new Chief Financial Officer to replace David Knopf, who is set to leave his position and return to 3G Capital, the Brazilian private equity company as a partner.
On Monday, Tencent Holdings has rolled out its popular app's version called WeChat for drivers, backed by the Chinese automaker Chang'an Automobile Group, pointing out its further foray into the transportation solutions.