Representatives of the auto part supplier Continental announced on Tuesday that the company is expecting car software revenues to quadruple by 2030.
On Tuesday, the Euro reached a three week low level against the US Dollar. The reason for the decline were the recent news that the European Central Bank will continues its monetary easing policy.
During Tuesday's London session Bitcoin's price jumped by twenty percent. The move was attributed to a large anonymous buy order that created the needed demand for the price surge.
On Tuesday, US markets opened flat. The flat opening was considered normal, as US stocks had surged during the past three trading sessions.
On Tuesday, Japan's Toyota Motor posted a 3.5% drop to 214,947 cars in the US auto sales in March, tumbled by weaker demand for the carmaker's Camry vehicles and Corolla sedans.
The CEO for Sunrise Communications, Olaf Swantee, is optimistic to receive an approval from its largest shareholder Freenet for its planned acquisition of UPC's Swiss business unit.
UGI Corp, the energy distributor, stated on Tuesday it would acquire about 75% in AmeriGas Partners, the retail propane marketer, in the cash-and-stock deal worth $2.44B.
ADNOC has signed a long-term agreement with Xiamen Sinolook Oil of the high-quality base oil sales into China, the firm announced on Tuesday.
The US private equity group Warburg Pincus is planning to make a $221M investment within the following five years, aiming to expand its Israeli credit card firm into the lending areas.
On Tuesday, the French aerospace and defence electronics firm Thales announced it had finalised its €4.8B takeover of the chipmaker Gemalto, bolstering the group's presence in the security services market.
According to sources familiar with the matter, the Chinese giant Tencent is expected to sell this week bonds worth $5B.
On Tuesday, the Australian government has submitted a draft budget, which presupposes tax cuts for the middle class as well as record spending on education and health.
According to the Israeli government office, the Prime Minister of Israel Benjamin Netanyahu would fly to Russia on Thursday to meet with the Russian President Vladimir Putin on Thursday.
The Australian Dollar edged lower by 0.91% against the US Dollar on Tuesday. This decline was attributed to the remarks made by Australia's Central Bank.
On Tuesday, the Norwegian sovereign wealth fund has appointed Karsten Kallevig as the Chief Investment Officer.
According to a source with knowledge of the matter, the United States and Japan are likely to begin their first part of trade negotiations in Washington in the middle of April.
The EU chief Brexit negotiator Michel Barnier stated on Tuesday that over the last couple of days Britain has become closer to no-deal exit from the bloc, though there is still a chance to avoid such outcome.
Crude oil prices increased by 14 cents or 0.2% on Tuesday morning, reaching $61.73 a barrel, as the China's PMI showed the largest monthly increase over the last seven years.
The French defence electronics and aerospace group Thales announced on Tuesday that it had finished a $5.4B acquisition of the Dutch chipmaker Gemalto.
Bilibili, one of the most popular Chinese video platforms, started on Tuesday a bond sale that together with share offering is expected to bring the company up to $621M.
Japan's companies' expectations for inflation in the next year stagnated, the Bank of Japan's survey revealed, underlining the daunting challenge for policymakers, who sought to boost growth and prices due to slowing global demand.
The top US auto safety regulator stated that it is likely to open an investigation into 3M Kia Motor and Hyundai Motor vehicles after considering reports of over 3K fires that injured more than 100 people.
Worsening finances and fading exports spurred a darker future for the UK companies last month, affected by a slowing global economy and political chaos surrounding Brexit, a survey revealed on Tuesday.
South Korea's inflation slowed to the weakest pace since mid-2016 in March over deceases in food prices and weaker growth of service costs, bolstering expectations for an easing stance.