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Chinese smartphone maker Xiaomi Corp said on Tuesday it will buy back up to HK$12 billion ($1.53 billion) worth of stock in its biggest equity repurchase, sending its shares up nearly 7%.

Chinese smartphone maker Xiaomi Corp announced a HK$12 billion ($1.53 billion) share buyback plan on Tuesday, in a reversal of its cash-management strategy that is aimed at boosting its floundering stock.

A top-10 investor in Just Eat said on Tuesday it would vote against the British food delivery company's proposed 9 billion pound ($11 billion) merger with Takeaway.com .

Models of superheroes and villains from Marvel's "Avengers" movies helped lift first-half sales at Lego, as the Danish toymaker continued its turnaround drive with investments in China, India, the internet and new stores.

A senior Renault-Nissan executive has quit the troubled carmaking alliance to join Peugeot maker PSA Group , blaming Renault boss Thierry Bollore for forcing his exit.

Global stocks slipped toward a recent two-month low on Tuesday, as U.S.-China trade tensions drove investors to the relative shelter of gold, the Japanese yen and government debt.

The head of Turkey's television watchdog said on Tuesday that online streaming service Netflix has applied for a license under the country's new online broadcasting guidelines.

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RBC Capital Markets sees Amazon shares climbing nearly 50% in the coming year, citing the roll out of the company's "Prime One-Day Shipping initiative" in the U.S.

U.S. online streaming service Netflix has applied for a license to continue operating in Turkey under new online broadcasting rules, the head of the country's television watchdog (RTUK) said on Tuesday.

U.S. companies planning to launch initial public offerings (IPOs) in the coming weeks are hoping that August's bout of stock market volatility will subside this month, according to investment bankers and capital markets lawyers advising them.

September is the worst month for stocks, historically, averaging a 1% drop.

Bayer said it hired Johnson & Johnson executive Marianne De Backer to manage acquisitions and licensing deals at its drugs unit, as the German drugmaker turns to outside sources to boost its development pipeline.

Morgan Stanley's Mike Wilson is advising clients to dump growth stocks and buy defensive names as the "demand destructive" tariffs are fanning recession fears.

World stocks slipped and the dollar strengthened to its highest levels in more than two years on Tuesday as U.S.-China trade tensions drove investors to the relative shelter of gold, the Japanese yen and government debt.