Walmart Inc reported an estimate-beating jump in holiday quarter comparable sales on Tuesday as a strong economy boosted consumer spending and fueled more e-commerce purchases, sending shares of the world's larger retailer up nearly 3 percent.
U.S. car tariff worries shunted Europe's stocks off a four-month high on Tuesday, while Sweden's crown was savaged by a slowdown in inflation less than two months after its central bank had dared to raise interest rates for the first time in seven years.
Honda will close its only British car plant in 2021 with the loss of up to 3,500 jobs, a major departure of Japanese investment announced just over a month before the United Kingdom is due to leave the European Union.
German Economy Minister Peter Altmaier said on Tuesday he could not confirm a newspaper report saying Berlin was leaning toward letting China's Huawei participate in building the nation's high-speed internet infrastructure.
Huawei Technologies Co Ltd's founder and chief executive pledged not to share any customer information with the Chinese government and said the company had never done so, in an interview with CBS News that aired on Tuesday.
The United Kingdom must urgently end the uncertainty over its exit from the European Union so that businesses can have clarity about the future, business minister Greg Clark said just hours after Honda said it would close its car plant in Britain.
Activist investor Edward Bramson's bid to join the Barclays board is destined to fail, shareholders told Reuters, though he has sharpened scrutiny of its investment banking strategy that Bramson argues has depressed profitability.
Swedish defense firm Saab AB, which is seeking to sell its Gripen fighter jets to the Indian Air Force, said on Tuesday it could offer to make most of them in a production facility likely to be set up in one of the southern cities.
China's e-commerce giant Alibaba Group Holding Ltd has raised its stake in top domestic investment bank China International Capital Corp's Hong Kong-listed shares to nearly 12 percent, an exchange disclosure showed on Monday.
A new round of talks between the United States and China to resolve their trade war will take place in Washington on Tuesday, with follow-up sessions at a higher level later in the week, the White House said.
Nestle's success with its KitKat brand means its does not need to add new businesses after selling its candy unit to Italy's Ferrero last year, the Swiss food group's global head of confectionery said.