Belgian investor GBL agreed to buy Germany's Canyon Bicycles, expecting that the company's solid expansion will continue once the coronavirus pandemic subsides.
The EU antitrust regulators are set to open an investigation into Aon's $30B bid for Willis Towers Watson to create the world's biggest insurance broker, two sources said.
The Department of Justice and FBI investigated Swedbank, Danske Bank and SEB on possible breaches of the US AML regulations and fraud, sending their shares lower.
Apple is planning to make up to 96M of iPhone devices in the 2021's first half, raising the output by nearly 30% year-over-year amid robust demand for the company's 5G handsets, according to a Nikkei report seen on Tuesday.
On Tuesday, Netflix's streaming services were disrupted for nearly 1.3K users, with the live outage hitting mainly the United States, according to the Downdetector.com website.
The world's second-largest fashion retailer H&M stated on Tuesday the Q4 local-currency sales dropped as much as 10%, after being hurt by the second coronavirus wave as restrictions curbed spending.
On Tuesday, an automotive trade association urged the US policymakers for support for electric cars, including some new incentives for consumer purchases and research and development.
China's search giant Baidu Inc is exploring opportunities to build its own electric cars, in the latest race move among technology companies to make smart cars.
JD Sports, Britain's largest sportswear retailer, has acquired the retailer Shoe Palace in a deal worth $325M, aiming to expand its presence in the US West Coast and sending the firm's shares up 5% on the news.
The energy trader Vitol is set to acquire four CCGTs, combined cycle gas turbines, in the UK, as part of its deal with Drax Smart Generation, the company stated.
During Tuesday's European trading hours, European stock indices trade flat, as rising virus cases were balanced by increased anti-covid measures.
On Tuesday, Reig Jofre, the Spanish pharmaceutical company, stated it had signed a deal with Johnson & Johnson to develop its experimental COVID-19 vaccine at Reig's plant in Barcelona.
Apple announced it was planning to produce up to 96M iPhone units in the next year's first half, marking a nearly 30% year-over-year increase, according to Nikkei report seen on Tuesday.
On Monday, the board of Volkswagen stated that the CEO of the company Herber Diess had received its full support.
Adidas AG announced on Monday that it would consider strategic options, among which was the sale of Reebok.
On Monday, global stock indices remained steady, as a spike in infections was offset by the start of US vaccination.
During Monday's US trading hours, crude oil prices remained steady, as new supply balanced hopes of a coronavirus recovery.
Europe's third-biggest renewables company RWE agreed to sell its stake in onshore wind farms in Texas valued at $600M to Algonquin Power & Utilities.
Poland's video games maker CD Projekt is set to update the strategy in the Q1 of 2021, despite the issues it faces with Cyberpunk 2077.
Huntington Bancshares agreed to buy TCF Financial Corp for $6B in stock in the latest tie-up among the US regional lenders aiming to scale up their business.
On Monday, Burger King India shares skyrocketed about 88% in its initial public offering, after the company raised nearly $110M, signalling the upbeat sentiment for the Indian food service sector.
The Italian defence company Leonardo and the energy group Enel have agreed on Monday on strategic cooperation on electric mobility, security, energy efficiency, as well as satellite communications.
On Monday, Adidas, the German sportswear maker, stated it is considering strategic alternatives for the US brand Reebok, including its potential sale, adding the decision will be revealed on March 10.
Google's YouTube, Google Drive, Gmail and other services were recovered for the majority of its users on Monday after the tech giant was hit with a global outage, affecting thousands.