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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Boeing Co said on Monday it would suspend production of its best-selling 737 MAX jetliner in January, the firm's biggest assembly-line halt in more than 20 years, as repercussions of two fatal crashes of the now-grounded aircraft drag into 2020.
Shares of Boeing Co and its main global suppliers fell on Tuesday after the U.S. planemaker said it would suspend production of its best-selling 737 MAX jet in January, its biggest assembly-line halt in more than two decades.
The U.S. National Highway Traffic Safety Administration (NHTSA) said Tuesday it is upgrading an investigation into 1.7 million General Motors Co vehicles for windshield wiper failures.
Melanie Lockert knocked out $80,000 in student loan debt by the time she was 31. Here's how she did it.
Saudi Aramco shares closed down 0.66% at 37.75 riyals ($10.07) on Tuesday, Refinitiv data showed, ahead of their inclusion into the MSCI emerging markets index, which will be effective on Wednesday.