The German Federal Statistical Office reported on Tuesday that the industrial production in Germany fell 0.9% in June, compared to a 2.4% increase in May.
Paul Drayson, Britain's biotech entrepreneur, is eager to attract $78M through a new AI drug research company's initial public offering, planning to list on the London AIM market the following week.
The specialist EU financial services private equity group AnaCap Financial Partners acquired on Monday the first loan portfolio and lien corporate debt from the Slovenian second largest bank Nova KBM.
On Monday, Connecticut Water Service and SJW Group announced they were switching from merger to acquisition accord, with SJW making a $1.1B all-cash takeover bid for the utility.
Australia's Wesfarmers is quitting coal by selling the last coal asset in Bengalla thermal coal mine in a $635M deal with New Hope Corp.
On Tuesday, Swissquote announced it would acquire the Luxembourg bank Internaxx in a deal worth $32M to gain access to the EU markets.
The US largest mattress retailer Mattress Firm is exploring a possible filing for bankruptcy with intention to get rid from expensive store leases and close some of its 3K locations.
China Poly Group has raised an interest in acquiring the US hedge fund billionaire John Paulson-controlled conglomerate Steinway Musical Instruments, Bloomberg's report showed on Monday.
On Tuesday, Dubai's port operator DP World DPW.DI announced it had bought 100% of the Danish logistics company Unifeeder Group in a deal valued at $762.6M.
The Bangko Sentral ng Pilipinas reported on Tuesday that the annual inflation in the Philippines surged 5.7% in July, driven by higher transportation and food costs.
The Pound fell to a new 11-month low against the US Dollar overnight in response to concerns over the United Kingdom failing to strike a Brexit deal with the European Union.
The Australian Securities and Investments Commission, Australia's financial regulator, has been granted the power to place supervisors in financial firms to oversee decision making.
The Japanese Ministry of Health, Labour and Welfare reported on Tuesday that the average cash earnings rose by 3.6% in June year-on-year which is the fastest jump since January 1997.
Kosmos Energy is set to expand into the Gulf of Mexico by acquiring the deepwater gas and oil firm DGE in a deal valued at $1.23B.
Schaeffler, the German automotive supplier, is planning to buy Space Drive, the drive-by-wire technology, from Paravan GmbH for autonomous vehicles.
Germany's luxury automaker Daimler is in negotiations with the Chinese BAIC Group's unit BJEV to establish a joint venture to produce battery-powered smart cars in China.
On Monday, the Chilean top food producer Agrosuper stated it would acquire the domestic salmon company AquaChile in a deal valued at $850M.
On Sunday, the world's biggest contract chipmaker Taiwan Semiconductor Manufacturing Company announced that an outbreak of computer virus might hit its Q3 revenue and gross margin results.
The Canadian company Aimia's stock soared 12% after it had rejected a takeover bid from the Air Canada-led consortium, demanding a higher offer for its Aeroplan loyalty programme.
On Monday, American Arista Networks Inc claimed that it is going to pay $400M to Cisco Systems Inc to resolve court conflict between two network equipment companies.
On Monday, the Prime Minister of Russia Dmitry Medvedev claimed that a possible decision of NATO to admit Georgia to the members of the organisation could provoke a conflict in the region.
Facebook asked the biggest US banks to provide detailed financial information about customers within an effort to suggest new services, according to sources familiar with the matter.
The Shanghai office of the Chinese Central Bank levied a $601K fine on Alipay, Ant Financial's online payment platform, for violating rules on payment services, the regulator stated.
Tyson Foods, the largest meat processor in the US, reported stronger-than-expected quarterly profit amid to solid demand for beef, but warned that trade war was threatening its chicken and pork businesses.