Papa John's International announced expectations for better-than-feared North American sales, as investments by the US pizza chain on rebranding paid off.
China's EV maker BYD reported that 2018 preliminary net profit was 31.4% lower than in the prior year, blaming intensifying competition in the auto market.
Fiat Chrysler Automobiles announced on Tuesday that the company will invest $4.5 billion in the state of Michigan by building five new plants. The company will build new Jeep models to compete with GM and Ford.
On Tuesday, G2 Esports announced that the company has raised $17.3 million from various sources or a new global expansion campaign.
The US United Auto Workers union is suing General Motors for deciding to close three US auto plants. The union states that GM has violated a 2015 agreement.
Reuters sources on Tuesday revealed that the Brazilian state bank Caixa Economical Federal is close to selling its stake in Petroleo Brasiliero. The bank owns a $2.4 billion stake in the oil company.
US official data released on Tuesday revealed that US homebuilding has declined to a two year low level during December. It is one of the indicators that the economy had previously slowed down.
On Tuesday, during the US trading session stock indices traded sideways. Gains in tech stocks were offset by consumer goods companies suffering losses during the last quarter.
On Tuesday, it was revealed that the head of Tesla Elon Musk has received an order from a Federal Judge to respond to a contempt motion.
After the Securities and Exchange Commission of the United States announced that Elon Musk is violating settlement terms of last year's fraud charges, the CEO of Tesla in a tweet announced that the SEC is broken.
On Tuesday, an appeals court ruled that AT&T can acquire Time Warner for $85.4 billion. The US officials had ruled initially that this deal is against antitrust laws.
Home Depot on Tuesday announced their quarterly earnings, which missed the Wall Street estimates. The snowy winter was blamed for preventing home owners from remodelling houses and subsequently low sales.
The Peugeot maker PSA Group announced on Tuesday that the company will offer its cars in the United States after a pause of almost thirty years.
On Tuesday, the Prime Minister of the United Kingdom announced to the Parliament that the lawmakers could vote on delaying Brexit in an effort to avoid a no-deal Brexit.
The US car sales are seen to plunge around 1% in February from the previous year amid inclement weather, the industry consultants LMC Automotive and J.D. Power reported on Tuesday.
Brazil's planemaker Embraer has received approval from its shareholders for an 80% sale of its commercial jet unit to Boeing, in a deal that could reorganise the global market for the 150-seat aircraft.
On Tuesday, Thailand's TMB Bank and Thanachart Bank have signed a merger deal valued at up to $4.47B with TMB financing it via equity and debt, creating the sixth biggest bank in the Asian country.
Canada's fertilizer maker Nutrien has entered talks with Australia's rural services Ruralco, which has a market value of $230M, over a potential takeover, according to a media report published on Tuesday.
The British competition regulator has put the Provident Financial potential takeover by its rival Non-Standard Finance on hold to protect customers and staff.
The New York-based private equity and venture capital firm, Insight Venture Partners, announced on Tuesday it would acquire the majority stake of Israel's Genesis Partners IV, not disclosing the financial details of the deal.
Thomson Reuters reported on Tuesday a nine percent increase in quarterly revenues. Meanwhile, earnings per share were 20 cents, compared to 22 cents last year.
On Tuesday, it was announced by Marks & Spencer and Ocado that the two retailers are considering a new joint venture that would offer food delivery in the UK. The announcement caused a surge of the share prices of both companies.
On Tuesday, the UK junior minister stated that the country's financial sector was ready for any type of Brexit, including the no-Brexit deal, and would keep functioning properly after Britain's leave from the EU bloc.
Hyundai Mobis has rejected on Tuesday a proposal made by the US hedge fund Elliot Management for the $2.24B dividends due to competitiveness concerns.