The economy of Spain expanded faster than anticipated at the strongest pace since the 2017 end in the Q1, with GDP growing 0.7% quarter-on-quarter, preliminary data revealed.
Magnit, the Russian food retailer, reported that its net income fell 52.5% year-over-year to $54.1M in the March quarter of 2019, significantly missing expectations.
The Euro zone's economy grew more than anticipated in the March quarter, recovering from a drop in the H2 of the prior year, while unemployment declined markedly.
Starbucks, the world's coffee company, reported its revenue in line with estimates at $6.3B in the second quarter of this year supported by higher sales in global comparable stores.
India's infrastructure production growth of eight major sectors, including crude oil, coal, gas, improved to 4.7% in March, compared with 4.5% rise in the prior month.
On Tuesday, COSCO's Orient Overseas International announced about a sale of the Long Beach container terminal in a deal with Australia's Macquarie Group worth $ 1.78B.
JSL Sa, the Brazilian logistics company, cancelled its Vamos truck rental division's initial public offering, not disclosing the reasons for a listing cancellation, the securities filing showed on Tuesday.
Faraday Future, China's electric car maker, announced on Tuesday it had obtained about $225M in a bridge financing from the US merchant bank to let it complete the flagship FF91 model development.
On Tuesday, Nine Entertainment TV network stated it was planning a sale of its Australia Community Media and Printing business unit to the firm associated with the former Domain Holdings head Antony Catalano, as well as Thorney Investment Group.
Japan's SoftBank is eager to announce this Tuesday a $1.0B investment in the Colombia delivery app Rappi, an investment deal that would be the first made by recently created Investment Fund, SoftBank's unit aimed at Latin America.
On Tuesday, General Electric reported its Q1 profit more than tripled to $954M, driven by the higher sales in the company's aviation, healthcare, gas and oil units.
Alphabet's shares plunged as much as 7.5% to its lowest level since October 2012, tumbled by competition that hurt the giant's revenue, currency fluctuations and YouTube disruptive changes.
Blacklane, the German chauffeur service, is considering to launch an IPO within the following three years, its CEO said to Reuters, as the company is expanding its footprint in the fast-growing taxi market.
On Tuesday, the European stock indices declined. The loss of stock value was caused by bad earnings in the banking sector. Moreover, the aftermarket of the US had experienced a drop due to the lower than expected Google profits. There was a general sell sentiment.
It was revealed on Tuesday that nearly 20 million barrels of oil from Iran is stored in the port of Dalian. The oil can no longer be sold due to US sanctions. It is expected that it will be sold after all through various schemes.
Ferrovie dello Stato, the Italian state railway, stated it was considering a potential delay of the deadline to submit its rescue plan for the struggling carrier Alitalia.
Brazil's Magazine Luiza agreed to acquire Netshoes, the online shoe retailer, in a deal valued at $62M, offering to pay $2 for a share, sending Netshoes shares down to 3.9%.
Airbnb CEO Brian Chesky stated on Tuesday that the company would be ready for its initial public offering launch later this year, CNBC cited as saying.
According to the New York Times, Tesla is set to trim prices on solar panels and other related equipment by up to 38% below the average price throughout standardising systems.
Sprint and T-Mobile US have extended the deadline to complete their planned merger deal worth $29B to July 29, after the US Antitrust Division chief had not passed his verdict whether the transaction should be approved.
On Tuesday, the Blackstone Group announced it had acquired Geo-Young, South Korea's wholesale drug distributor, in a bind deal with the firm's founder, not disclosing the financial terms of the deal, but added the transaction to take place in the 2019 Q2.
The employee benefits administrator WageWork confirmed on Tuesday it had received a takeover bid from the US health savings accounts custodian, HealthEquity for an unknown price.
The We Company, the owner of WeWork, announced it filed for the US initial public offering, another American start-up that was planning a debut of its stock market this year.
The head of the International Monetary Fund Christine Lagarde announced on Tuesday that she expects the US and China to close a trade deal in the near future. The announcement did not make an impact on exchange rates and stock prices.