General Motors is set to slash about 4K job positions in its latest restructuring round announced in November that would ultimately trim the carmaker's workforce by 15% out of 54K in North America.
During the early hours of Tuesday's trading session the value of the US Dollar remained steady. Financial media attributed the event to a recovery of investor appetite.
On Tuesday, it was revealed by Indian officials that the Reserve Bank of India is likely going to cut interest rates, if inflation in India remains below four percent.
As the Australian central bank announced that it will keep its base rate unchanged, the Australian Dollar began to recover previous losses against other currencies.
On Tuesday, the Reserve Bank of Australia made a rate announcement. The central bank kept their base rate unchanged at 1.5%.
The UK consumers increased the pace of shopping in January, which grew by the most in the seven-month period, giving a relief to retailers after the worst Christmas in a decade.
Alphabet reported markedly higher spending on employees, facilities and video content in the Q4, worrying investors and sending the comapny's shares down nearly 3% after hours.
Construction activity in the UK four regional cities was at a record high, including projects in Manchester, in spite of uncertainty over Brexit, Deloitte stated.
The Japanese services sector activity increased in January amid a rise in domestic demand, though worries that the country's economic activity is likely to weaken due to the trade war were growing.
Palo Alto Networks has entered talks to acquire the US-Israeli IT security company Demisto, according to a financial daily the Calcalist's report published on Monday.
The biggest owner of Oslo Bors, the Norwegian bank DNB, stated it would maintain to support Nasdaq in its intention to acquire the stock market operator, saying Nasdaq's bid was superior to its rival Euronext's offer.
On Monday, the Del Frisco's restaurant operator announced it would add additional board seat on the back of its deal with Engaged Capital, the activist shareholder, which was calling for the restaurant group sale.
Schlumberger, the US oilfield services giant, has scrapped its stake bid in the Russian Eurasia Drilling Company, after no regulatory approval was received, Russia's FAS announced on Monday.
The US food retailer backed by the PE firm Ares Management, Smart & Final Stores, is exploring various options, which also include a the company's sale, sources with a knowledge of the matter reported.
Tesla is set to acquire the energy storage firm Maxwell Technologies in an all-stock deal worth $218M amid the electric carmaker's intention to develop batteries, which could last longer and hold more energy.
Two Huawei Technologies' employees were expelled by the Danish authorities on Monday after an inspection made at the tech giant's Copenhagen office due to failing to comply with the residence and work permit laws.
On Monday, Slack Technologies, the business messaging service, has made a confidential filing for a listing with the US Securities and Exchange Commission, seeking for a valuation over $10B, Reuters reported.
Stock prices on Monday started the day's trading in the US by opening near Friday's closing prices. The flat start of the week was attributed to a tech surge being neutralized by lower oil prices.
On Monday, as a hedge fund bought $200 million worth of stock of Papa John's International, the company's share price increased by nine percent.
The Foreign Minister of Malta on Monday revealed that the European Union is evaluating setting additional sanctions on Venezuela. Although, the Minister revealed that no oil embargo is being considered.
On Monday, the Energy Minister of the Russian Federation announced that Russia is complying with the agreed global oil output cut deal.
Starboard Value's CEO Jeffrey Smith is set to take over as the US pizza chain Papa John's chairman after his hedge fund picked up a $200M stake in the company.
On Monday, the asset manager Janus Henderson stated that Bill Gross, the veteran bond manager, would retire, seeking to focus on his personal assets management and charitable foundation.
On Monday, Gannett's board of executives has rejected a hostile bid made by the newspaper chain MNG Enterprises, saying its offer had undervalued the company.