Austria's chipmaker and Apple supplier AMS agreed on joint venture for the environmental sensor business formed with the private equity firm Wise Road Capital, as the company seeks to focus on other areas of the business.
The French insurer AXA stated it would cut 40M shares in AXA Equitable Holdings by selling them via the secondary offering on the back of the company's plan to divest from its US life insurance business.
On Tuesday, the Prime Minister of the United Kingdom was looking for a way to bypass the ruling of the Parliament Speaker that forbid another Brexit vote without making changes to the deal.
The Chinese property group Evergrande announced on Tuesday that it will start producing electric cars in June. The company intends to become the largest electric vehicle company.
On Tuesday, Westpac Banking announced it would withdraw from the financial advice business due to regulators' pressure on the sector, urging the banks to act in the best interests of customers.
Singapore's venture capital company Golden Gate Ventures has signed a partnership with the South Korean firm Hanwha Asset Management, as they seek to invest into the Southeast Asian start-ups of the financial inclusion technologies and marketplaces areas.
Liechtenstein's private bank LGT is moving towards acquisitions, as it seeks to boost business after it bolstered profit 11% to $313.8M due to acquisition deals last year.
EasyJet has decided to withdraw from the consortium that is considering options for the Alitalia operations, adding it had previously discussed the case with Delta AirLines and Ferrovie dello Stato Italiane.
Paulo Cesar de Souza e Silva, the CEO of Embraer, is set to step down in April, as the Brazilian planemaker is getting ready to hand over control of the commercial aviation unit to Boeing in a deal worth $4.2B.
Blackstone Group has joined KKR and BlackRock in Mexico expansion on the back of the regulatory changes, raising $695M from the Mexico pension funds for the company's local private equity funds.
The Swiss trainmaker Stadler Rail is set to launch an initial public offering with the SIX Swiss Exchange as soon as the coming months, it stated on Tuesday, seeking to sell shares from the 80% held by its owner Peter Spuhler.
General Motors is considering options for its stake in Lyft, potentially worth about $1.27B, as the ride-hailing company is moving towards its initial public offering on March 29.
Late on Monday the Attorney General of Connecticut announced that a group of US states are investigating the recent Kia and Hyundai actions in regards to vehicle fires.
On Tuesday, Netflix announced that it will not make its movies and shows available on Apple TV. Netflix intends to compete with the upcoming Apple platform instead of working with it.
Hyundai Motor Company and Kia Motors Corporation have announced that they will invest $300 million in the Indian ride hailing start up Ola.
On Tuesday, it was announced by Philippines authorities that they have rejected an appeal made by the Indonesian ride-hailing firm Go-Jek. The firm will not be granted a license to operate in the country.
Kwasi Kwarteng, a junior Brexit Minister, said that the United Kingdom would seek Brexit delay ahead of the EU summit in March.
A US District Judge in Manhattan said that Rio Tinto Plc's must face the US Securities and Exchange Commission fraud lawsuit.
European shares extended its gains for the fourth consecutive trading session. The main reason for this surge was the ongoing merger talks between Commerzbank and Deutsche Bank.
The Speaker of UK's Parliament John Bercow has blocked an attempt by Prime Minister Theresa May to hold another vote on her Brexit deal this week.
After the scandals that hit Danske Bank in 2018, the upper management of the bank have announced that they will waive their bonuses for last year. The waiving of the bonuses is unlikely going to pay for the losses that are expected due to the 200 billion euro scandal.
On Monday, the Speaker of the UK Parliament announced that the government cannot submit the same Brexit deal. The deal has to be changed, if it is to be voted upon.
The Mexican government on Monday announced that it will invite four firms to bid for the construction of the state owned oil company's Pemex refinery in Dos Bocas. The new refinery is expected to increase production in Mexico, decrease demand for imports and slightly decrease global oil prices.
During the US trading session on Monday crude oil price benchmarks moved higher. The main reason for the surge were the expected OPEC led oil production cuts.