German broadcaster ProSiebenSat.1 Media SE's e-commerce arm NuCom Group is exploring the acquisition of U.S. live streaming app developer Meet Group Inc , people familiar with the matter said.
The boards of Fiat Chrysler Automobiles NV and Peugeot SA will meet separately on Tuesday to discuss finalising an initial agreement for a $50 billion merger to create the world's number four carmaker, sources said.
Shares of Britain's Senior Plc, whose aerospace unit counts Boeing Co as its biggest customer, fell 5% after the U.S. planemaker said it would suspend production of its best-selling 737 MAX jet.
Shares in European aerospace group Airbus rose on Tuesday, after archrival Boeing said it would suspend production of its best-selling 737 MAX jetliner in January.
Shares in Boeing Co's biggest European suppliers, Senior Plc and Safran, fell sharply on Tuesday after the U.S. planemaker said it would suspend production of its best-selling 737 MAX jetliner in January, deepening its crisis.
Entities representing the Peugeot family have approved a proposed Memorandum of Understanding for PSA's planned merger with Fiat Chrysler , a source familiar with the situation said.
Swiss drugmaker Roche plans to complete its $4.3 billion takeover of gene therapy specialist Spark Therapeutics on Tuesday after U.S. and British authorities ruled the deal would not hurt competition in hemophilia A treatment.
Southwest Airlines Co said on Tuesday is extending cancellations of Boeing Co 737 MAX flights by another five weeks, through April 13, due to the continued uncertainty around the timing of the aircraft's return to service.
Oil edged further above $65 a barrel on Tuesday, supported by hopes that the U.S.-China trade deal will bolster oil demand in 2020 and the prospect of lower U.S. crude supplies.
The boards of Fiat Chrysler Automobiles NV and Peugeot SA will meet separately on Tuesday to discuss finalizing an initial agreement for a $50 billion merger to create the world's number four carmaker, sources said.
European stocks slid from record highs and sterling dropped amid reports that Britain's prime minister was ready to play rough in Brexit talks.
The planemaker faces internal overhead and labor expenses that will increase cash burn, analyst Seth Seifman says.
U.S. stock index futures dipped on Tuesday, a day after Wall Street closed at all-time highs, while Boeing was set for its fourth straight session of losses as the planemaker said it would suspend production of its 737 MAX jet in January.
The Trump administration is finalizing a set of narrow rules to limit exports of sophisticated technology to adversaries like China, a document seen by Reuters shows, in a boon to U.S. industry that feared a much tougher crackdown on sales abroad.
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