The parent of T-Mobile, Deutsche Telekom, is set to hold a senior management meeting on Wednesday, expecting the US regulator to grant approval for the proposed tie-up between T-Mobile and Sprint, the business daily Handelsblatt reported.
The shared office space operator WeWork is preparing for a potential initial public offering as early as September, hosting an analyst day organised for Wall Street banks on July 31 as part of its listing preparation.
On Wednesday, crude oil prices edged higher, buoyed by rising tensions between the US and Iran. The Brent crude futures were up $0.30, while the US West Texas Intermediate was up $57.00 per barrel.
On Tuesday, the International Monetary Fund cut its global growth forecast for 2019 to 3.2% and 2020 to 3.5%, a decline of 0.1% for both years from its previous forecast.
Japan's Chief Cabinet Secretary Yoshihide Suga stated on Wednesday that Tokyo-Seoul relationship in a very critical state.
On Tuesday, incoming Britain's Prime Minister Boris Johnson vowed to take the United Kingdom out of the European Union by October 31.
On Tuesday, Quad/Graphics and LSC Communications announced about termination of their $1.4B tie-up deal, as the US Department of Justice had filed a suit to block the merger, tumbling LSC shares as much as 36% to its record low.
The auto supplier Bosch and Germany's carmaker Daimler have received an authority approval to launch valet parking using self-driving technology in the German city of Stuttgart.
Huawei Technologies reported on Tuesday its revenue surged about 30% in the year's first half after the company secured its supplies to keep the production process going, despite technology export restrictions imposed by the United States.
Alibaba Group Holdings, the Chinese e-commerce giant, is planning to allow small US businesses to sell globally on its platform, Alibaba announced on Tuesday, seeking to expand its footprint in the B2B e-commerce market and outrace such rivals as Amazon.com.
The US Federal Trade Commission is set to announce as soon as this week a $5.0B settlement with the social media giant Facebook of the FTC launched probe into its user data handling.
ADNOC has inked the partnership framework deal with the Chinese Wanhua Chemical Group valued up to $12.0B for cooperation in the downstream sector, the Abu Dhabi company stated on Tuesday.
On Tuesday, Wall Street gained on robust earnings of the blue-chip firms, including United Technologies and Coca-Cola, soothing concerns about the economic growth pace.
China's Neolix inked a preliminary pact with noon, the Middle East e-commerce firm, to trial the self-driving cars in the United Arab Emirates and Saudi Arabia.
On Tuesday, AMS AG, the Austrian sensor specialist, it would re-evaluate the possible transaction with the lighting company Osram Licht, after it had pulled back from its takeover approach.
China's BAIC took over 5% of Daimler's stake, boosting gits alliance with the German automaker, after Zhejiang Geely Holding had emerged as a possible rival.
Germany's Bayer announced it would sell its footcare brand Dr. Scholl's to the US private investment company Yellow Wood Partners in a deal worth $585M, another consumer care products that the German firm put on the block.
Blackstone Group is exploring a stake sale in Cheniere Energy Partners seven years after it had invested around $1.5B in the limited partnership, Bloomberg stated on Monday.
Apple has entered advanced talks to acquire the chipmaker Intel's smartphone-modem chip business in a potential deal valued over $1.0B, if negotiations do not fall apart, according to the Wall Street Journal.
According to sources familiar with the matter, some investors of Australia's BHP Group believe that the company should appoint an external CEO.
The Finance Minister of Japan Taro Aso stated on Tuesday that the mere fact of election victory should be considered as people's support for the government plans to increase taxes.
LG Display stated on Tuesday that it is likely to invest $2.6B in the company's organic light-emitting diode panels production lines in South Korea.
China's Huawei Technologies announced that it was slashing at least 600 positions at the Futurewei Technologies research unit in the US after being included in the trade blacklist by the country's government.
The Bank Negara Malaysia stated on Monday that in the first half of July the central bank's reserves have increased 0.6%, reaching $103.3B.