OTB, the Italian fashion group, is planning a $226M investments within the following three years in acquiring other firms, after the company had boosted its financial strength last year.
Schneider Electric has inked a contracting deal with the gas and oil company BP to work as one of its main electrical contractors, after the French firm agreed to provide BP with the full-scope design and engineering services.
The UAE's Brooge Petroleum & Gas Investment Co announced it is planning a listing on Nasdaq after a merger with the US-based company Twelve Seas Investment.
Centauro, Brazil's sporting goods retailer, set a price for its IPO at 12.50 reais for a share, close to its range's bottom of 12.10 reais, a source close to the matter reported.
The Chairman of Foxconn Terry Gou announced on Tuesday that he is considering to run in the 2020 Taiwanese presidential election. The chairman is known for having close ties with China.
On Tuesday, Reuters published a General Motors plan for Latin America and China called Global Emerging Market or GEM. The company has worked five years on developing the strategy. The publication was expected to boost General Motors stock price.
On Tuesday, the Chief Financial Officer of BMW Nicolas Peter announced that the company has no future plans for creating a compact car together with another German carmaker.
During the Asia session on Tuesday the USD gained value against its peers. There was no clearly spottable reason for the surge.
The public debt-to-GDP ratio of Israel rose to 61% in 2018, a 0.5% increase compared to 2017, the report by the county's Ministry of Finance showed.
A total of 304.7M tons of seaborne goods were handled in Germany's sea ports in 2018, marking a 1.7% increase compared to the prior year, Destatis reported.
The Italian top bank UniCredit and two subsidiaries agreed to pay $1.3B to he US authorities to settle probes of the US sanctions on Iran and other countries' violations, the US authorities stated.
Hulu bought back stake in wireless carrier AT&T, the US streaming service, for $1.43B, in a deal valuing the company at $15B, both companies stated.
The Parisian landmark and UNESCO World Heritage site, Notre-Dame Cathedral, was devastated in a fire that broke out on Monday's evening, France's Junior Interior Minister reported, with the fire causes are still to be determined.
The Belgian cybersecurity centre stated it had not found any evidence that Huawei Technology's telecoms equipment could pose a spying threat to the country's mobile operators, such as Orange Belgium, Telenet and Proximus.
The former Chief Executive Officer of Volkswagen Martin Winterkorn has been charged with fraud on Monday by German prosecutors for being involved in the automaker's manipulations regarding diesel emissions testing.
On Monday, Best Buy appointed Corie Barry, its Chief Financial Officer, as the company's new Chief Executive Officer to replace Hubert Joly who is planning to step down to become Best Buy's Executive Chairman.
On Monday, a US federal court dismissed US President's Donald Trump's repeal of an inventory valuation policy that was aimed at increasing taxes collected from oil and coal companies.
Citigroup published their higher than expected quarterly earnings on Monday. Despite the good news, the bank's stock plummeted at the start of the US trading session.
On Monday, Goldman Sachs published details of the bank's overhaul. The announcement was aimed to soften the news of decreasing revenues. Despite the announcement Goldman Sachs Group stock price declined during the US trading session.
On Monday, the International Monetary Fund announced that its delegation will visit Pakistan during this month to discuss a bail out of the country. The deal is bound to influence all assets associated with the country.
On Monday, the head of the Bank of Japan Haruhiko Kuroda announced to CNBC that interest rates could still be decreased. Bank of Japan already has negative interest rates, which are considered an anomaly of monetary policy.
The Chief Executive Officer of Jet Airways Vinay Dube announced on Monday that his managed company is suspending international flights up to Thursday. The company has not gained interim funding to continue its operations. The announcement hurt the company's stock price.
On Monday, US officials announced that the United States have not set a deadline for a change of government in Venezuela. Although, it was revealed that Nicolas Maduro will not remain in power.
As the US markets opened on Monday, Wall Street stock indices decline. The decline was attributed to the losses suffered by financial stocks. Namely, Goldman and Citigroup stock prices declined.