The government of Germany lowered its economic growth projection for the current year to 2.3% from 2.4%, a source familiar with the matter stated.
The US new home sales rose more than anticipated in March and consumer confidence strengthened in April, highlighting the country's economic strength.
The US President Donald Trump stated that a new NAFTA agreement is likely to be reached quickly. as ministers of three countries ready to meet later to work out differences and get a deal.
Volkswagen's luxury unit Audi stated that it recalled 1.16M vehicles over the world due to concerns over a coolant pump with a risk of fire.
Abu Dhabi Ports is buying a combined 50% stake in Abu Dhabi Terminals from Mubadala Infrastructure Partners and Mubadala Investment for an amount that has not been disclosed, the two companies announced on Tuesday.
An investor group, owned by Searchlight Capital Partners, is buying the Canada telecommunications gear producer Mitel Networks in a deal worth around $2B, the firm stated on Tuesday.
Britain's defence firm QinetiQ has agreed to buy the German air training unit for €70M, sending QinetiQ's shares up 5% to 237.5 pence, the highest level since last year's December.
Sanjeev Gupta, the Chief Executive of the metals group Liberty House, stated on Tuesday the company would spend $1B to expand its business in India in the following three years.
Britain's Shire has received a fifth acquisition bid from the Japanese firm Takeda Pharmaceuticals, as the takeover deadline looms and is set to expire at 1600 GMT on Wednesday.
According to the Wall Street Journal, China's ride-hailing firm Didi Chuxing is in negotiations for an initial public offering, which could be valued at around $80B, as soon as the second half of this year.
On Tuesday, Britain's TSB Bank reported it had faced continuing disruptions in its app and digital service, preventing its clients to log into their bank accounts.
On Tuesday, the special envoy for the United Nations, Staffan de Misura, called for an urgent restart of the UN-led peace talks over Syria's internal situation, seeking to end the country's war.
The International Wine Organisation reported on Tuesday that world wine output tumbled to its 60-year low last year amid adverse weather conditions in the EU that slashed wine production.
On Tuesday, Verizon Communications posted its Q1 results, topping the estimates with the company's net income rising to $4.55B and bringing its shares up 2.5% to $49.87 on the news.
Coca-Cola reported its Q1 results on Tuesday, beating analysts' estimates for the company's overall revenue by about $300M, boosted by higher demand for its Diet Coke brand's new flavours.
Apple's sensor supplier AMS posted lower-than-expected results for its Q1, warning of a possible slowdown in its Q2 that might be tumbled by weaker orders from its main customer.
The CEO of Deutsche Telekom's unit T-Systems, Adel Al-Saleh, stated on Monday the company was set to return to profit in 2020 as it underwent a digital makeover.
The CEO of the British oil company BP Bob Dudley said the company has a ‘very strong' partnership with the Russian Rosneft, but it would not get involved in politics.
The German business climate index fell to 102.1 this month, compared to the estimate of 102.7, as reported by the Ifo economic institute.
On Monday, Uber's main rival Careem said it had been hit by cyber-attack that affected data of 14M users of the ride-hailing app.
India's second-largest IT company Infosys is planning to resume focusing on digital services amid company's intention to bolster its growth due to rising competition from international and local rivals.
CapitalG, Alphabet's venture capital fund, and the Japanese company SoftBank have joined the $1.9B investment into the China truck-hailing service Manbang, the Chinese firm said on Tuesday.
On Tuesday, Whirlpool announced it had agreed on selling its Embraco compressor unit to the Japanese firm Nidec in a deal valued at $1.08B in cash.
The German start-up Lilium, which aims to build "flying taxis", has hired a designer Frank Stephenson, who was behind the iconic car brands that included Fiat 500, modern Mini and McLaren P1.