Advent, the private equity fund, is set to pay about €700M to acquire Industria Chimica Emiliana, the Italian chemicals firm, the country's leveraged buyout in 2019, according to sources familiar with the situation.
Ford Motor Co is set to establish a joint venture with Mahindra & Mahindra in India worth $275M to develop, market and distribute Ford's branded cars in the country, both companies announced on Tuesday.
Macquarie Group announced it would sell 70% stake in the Hobart International Airport to a consortium of Royal Schiphol Group and Queensland Investment Corporation, not disclosing the financial terms of the deal.
On Tuesday, it was announced by the US Senate that it will inquire into the operations of Facebook, Amazon and Google.
The UK Civil Aviation Authority announced that 39 flights more were scheduled for Tuesday to being back another 7K of people to Britain after the collapse of Thomas Cook, as repatriation efforts entered the second week.
The fast-fashion retailer Forever 21 has got an approval to close 178 US stores out of 815 stores it has in 57 countries due to a bankruptcy filing, believing the restructuring will allow the company to shift focus to the operations' profitable core part.
Ireland's Foreign Minister Simon Coveney denied a report that the UK is proposing to place custom clearance centres between 8km -16 km on each side of the Irish border.
Crude oil prices rebounded at the Asian session on Tuesday after output from the world's biggest oil producers decline in the Q3. Brent crude futures were up $59.69 per barrel at 02:02 GMT.
Brazilian national debt grew to the highest on record of 79.8% of GDP in August, driven by weaker exchange, higher borrowing rates and increased interest payments.
Swedbank removed three executives from the Bank's Estonian business and appointed their replacements, including the new Head of the unit involved in an investigation over international money laundering.
The economy of Georgia expanded 5% year-over-year in the first eight-month period of 2019, compared with 4.8% increase in the same period last year, preliminary data revealed.
PayPal obtained Beijing's approval to acquire a 70% stake in Gopay Information Technology, being the first foreign company to enter Chinese payment services market.
Blackstone Group stated that it would buy the US industrial warehouses from Colony Capital, the real estate and investment management company, in a $5.9B deal, to capitalize over the e-commerce boom.
France's drugmaker Sanofi announced plans to cut nearly 200 positions in Japan across regulatory affairs, sales and operations, a source familiar with the matter stated.
Germany's consumer prices grew 0.9% year-on-year in September, the weakest level in almost three years and below the ECB 2% target.
On Monday, Blackstone Group Inc announced it signed a deal with the investment and real estate management company Colony Capital to acquire its US industrial warehouses in a deal worth $5.9B, sending Colony Capital's up 14% to $6.72.
Elon Musk, the billionaire entrepreneur, has released his new iteration of the space giant's newly assembled Starship, marking the fast development of the SpaceX's centrepiece vehicle that deemed to launch humans to Mars or the moon.
China's Tencent Holding is set to acquire a 29% worth stake in the Oslo-listed computer games maker Funcom, becoming its largest shareholder, Funcom announced on Monday.
Bank of America Corp and Morgan Stanley are planning expansion in their employee-benefits management, seeking to gain a market share in the wealth management business, according to Reuters.
During the Asian trading session, global stock indices traded steadily despite an announcement that the US might delist some Chinese companies from their exchanges.
On Monday, the UK aviation regulator stated that Thomas Cook's customers could face a two-month delay for their refunds, as the regulator had not yet received all the necessary information from the world's oldest travel company that collapsed last week.
Revolut, the British digital banking app, is planning to hire about 3500 new staff amid its expansion into 24 markets in the global push with the payments giant Visa, both companies announced on Monday.
On Sunday, Forever 21 Inc, the fashion retailer, has filed for bankruptcy, joining the growing list of companies that were hit by e-commerce giants, such as Amazon.com, amid customers' rising demand for an online shopping.
United Auto Workers and General Motors announced on Monday they would continue negotiations on a new labour deal due to a strike launched by the union members that had entered the third week already.