Samsung Heavy Industries has scrapped an offer to acquire the rival shipbuilder DSME, the senior shareholder of the company announced on Tuesday.
On Tuesday, the Japanese group KDDI Corp stated it was set to acquire a minority stake worth about $800M in Kabu.com Securities, as the telecom firm seeks expansion in finance.
Sachem Head Capital, the activist hedge fund, is pushing Zayo Group Holdings, the US communications infrastructure provider, to explore its sale, according to sources.
The US battery producer Duracell International and Energizer Holdings are considering to bid for a majority stake of Eveready Industries, likely sparking competition between the two companies, the Economic Times said on Tuesday.
By the middle of Tuesday's trading session crude oil prices had surged more than one percent. The surge was attributed to previous OPEC oil cuts and sanctions against Venezuela.
On Tuesday, it was announced by a group of Chinese and Taiwanese investors that they will bail out the Apple supplier Japan Display Inc via a $723 million investment.
On Monday, Amazon.com stated it would acquire the home routers developer eero, seeking to help its customers better set up the connection to smart home services.
On Tuesday, Debenhams announced it had secured £40M in additional funding from several of its lenders, sending the British retail chain's shares up 33.9% to 4.23 pence.
The Pentagon is set to review the certification of the SpaceX launch vehicles owned by Elon Musk to define whether the US Air Force complied with all the certain guidelines.
Reddit, the social media network, announced on Monday it had attracted $300M in its latest round of funding, conducted by Tencent Holdings, bringing the market valuation of the company to $3.0B.
Walmart and the Google-backed logistics firm Deliv ended their grocery delivery partnership, after failing to compete with its rival Amazon.com, sources reported on Tuesday.
On Tuesday, the US dollar traded almost sideways. It could be observed that the markets were remaining calm without new and relevant information.
During the Tuesday's Asian trading session stock indices were rising. The surge was attributed to US-China trade talks.
On Monday, US congressional negotiators reached an agreement that avoided another government shutdown. However, the deal does not include funding a border wall.
On Tuesday, a Reuters poll revealed that both imports and exports in China are expected to have continued to decline in January.
New Zealand's inflation expectations for two years eased slightly in the Q1, a survey revealed, with the RZNB forecast of the yearly inflation growth at 2.02%, slightly down from 2.03% in the prior quarter.
The Central Bank of China stated that it is set to abolish permits for companies to open bank accounts by the 2019 end, in line with a directive to diminish administrative red tape.
Consumption growth in China is expected to slow further in 2019, the Commerce Ministry stated, adding that weaker growth in the prior year was amid "periodic" weakness in car sales and housing-related spending.
The Chinese car producer Geely reported record high sales of 158,400 cars in January, the chairman of Geely Li Shufu says.
Qatar's Foreign Minister Mohammed bin Abdulrahman Al Thani and his French counterpart Jean-Yves Le Drian signed a strategic dialogue deal at a meeting in Doha.
World Bank is ready to invest $400M in Lebanon over the next five years to create job opportunities for the youth generation, a World Bank delegation says.
Russia plans to spend over $391B on national strategic projects in 2019-2024 to ensure scientific, technological and socioeconomic breakthrough, the Russian government says.
Auto sales in Pakistan declined 3.2% during the first seven months of the current fiscal year, the Pakistan Automotive Manufacturers Association reports.
The heads of Russia, Turkey and Iran plan to meet at the Russian Black Sea resort of Sochi to discuss the settlement in Syria, the Kremlin reports.