Volkswagen received a €7.5B offer for Lamborghini, Autocar reported, though VW's Audi stated that the supercar brand was not for sale.
Ford Motor is expected to announce that it was developing two dedicated all-electric car platforms within the strategy to catch Volkswagen, General Motors and Tesla, sources said.
The US President Joe Biden and Russia's President Vladimir Putin are expected to meet in Geneva on June 16 amid sharp disputes on election interference, cyberattacks and human rights.
Volkswagen and BMW are set to face lowered EU antitrust fines on clean emissions technology after regulators narrowed the investigation scope, a source familiar with the matter stated.
The German antitrust regulator has opened an inquiry into Google to see whether it is exploiting its market dominance by the way the tech giant is handling its data, the watchdog said on Tuesday.
China's Huawei Technologies is planning the launch of Harmony, its new smartphone operating system, as soon as June 2, as the company tries to recover from damages done by sanctions imposed by the United States.
Sinopec, China's state-controlled oil company, is planning to unveil the green hydrogen plant, where renewable energy sources will generate zero-carbon fuel, in the region of Inner Mongolia in 2022.
On Tuesday, Israel's Elbit Systems, the defence electronics specialist, posted a higher quarterly profit and expects further growth from its night-vision technology business as well as other acquired operations.
Industrial and Commercial Bank of China has received an approval on Tuesday to establish the foreign-controlled wealth management joint venture with Goldman Sachs.
Germany's two largest landlords Deutsche Wohnen and Vonovia SE have agreed to tie up in $22B deal that poses risks for rising tensions over the affordable housing ahead of September's general elections.
The UK competition regulator is looking into AstraZeneca's $39B buyout of Alexion due to concerns it could hurt competition in Britain's market or elsewhere.
SMBC Aviation Capital, the aircraft leasing firm, is set to acquire additional 14 737 MAX jets from Boeing with the low-cost airline configuration.
China's Huawei Technologies is set to launch its new phone operating system "Harmony" on June 2, in the Chinese company's latest efforts to recover from the US sanctions-related damage.
Coinbase Global appointed the ex-White House official Faryar Shirzad as its new chief policy officer, according to the cryptocurrency exchange's statement made in its blog post.
The world's biggest copper producer Codelco announced it had signed a deal with Microsoft to extend automation at the Chilean company's copper mines by fast-tracking the digitisation of operations.
Then Israeli government signed a deal worth over $1.0B with Google and Amazon Web Services to provide their cloud services to the country's military and public sector.
Gina Raimondo, the US Commerce Secretary, stated that the proposed $52B boost in the government funding for chip research and production could result in up to ten new US plants.
Andrew Bailey, the Bank of England's Governor, called cryptocurrencies and similar assets "dangerous" to the public, reaffirming his concern about them.
WhatsApp told the government of India that user privacy was the company's highest priority following raised questions by the Indian technology ministry over its new privacy policy.
The EU investment package of €3B for Belarus is likely to remain on hold and frozen until the country turns democratic, the EU executive stated on Monday.
Royal Dutch Shell announced that it is set to sell the interest in the Deer Park Refinery JV to Petroleos Mexicanos for nearly $596M in a move to slash its global refining footprint.
On Monday, HSBC's Chief Executive Officer Noel Quinn said that the bank has no plans to offer cryptocurrency services to their clients.
On Monday, cryptocurrency exchange Huobi, BTC.TOP and HashCow suspended their crypto-mining operations in China after the Chinese authority intensified the crackdown on bitcoin trading and mining.
On Monday, cryptocurrencies rebounded after Sunday's sell-off, Bitcoin surged by more than 10% to $38,538, while the second-largest cryptocurrency Ethereum edged higher by 17%.