China's HNA Group is considering a sale logistics unit CWT, it had recently acquired in the $1.0B deal, looking for a potential buyer.
China's Tencent Music Entertainment Group has reduced the amount it was seeking to attract in its US initial public offering by half to $2.0B, according to sources.
On Wednesday, the Prime Minister of the UK Theresa May claimed that the UK and the EU are close to finally agreeing on orderly withdrawal of the UK from the European bloc.
On Wednesday, the Prime Minister of China Li Keqiang claimed that unilateral trade actions would not solve the problems and that the basic principle of free trade needs to be maintained.
On Wednesday, the President of South Korea Moon Jae-In claimed that North Korea has agreed to invite foreign experts to permanently scrap its key missile facilities.
Hillhouse Capital, a Chinese private equity firm which has been investing in top Chinese tech companies including Baidu and Tencent, claimed that it has closed the last funding round at $10.6B.
China plans to introduce new measures, including decreasing customs clearance time and improving the export tax rebate policy to facilitate foreign trade growth.
The Vice Chairman of the Standing Committee of the National People's Congress Ding Zhongli and Myanmar's First Vice President U Myint Swe agreed to strengthen friendly cooperation at a meeting on Tuesday.
The Danish pharmaceutical company Novo Nordisk plans to fire around 400 employees in Denmark and China with an aim to restructure its research and development department.
The Audi chief executive officer Rupert Stadler will be fired shortly after being jailed nine weeks ago in the course of German "dieselgate" scandal, the newspaper "Handelsblatt" reports.
The Chinese President Xi Jinping on Tuesday met with his Estonian counterpart Kersti Kaljulaid, who attends the Summer Davos Forum in the port city of Tianjin.
The European Commission on Tuesday started a formal investigation into possible collusion between car makers Volkswagen, BMW and Daimler on emission technology.
China and Russia plan to explore new areas of cooperation and create a more favourable business environment, the Chinese Vice Premier Han Zheng says.
Israel regrets the death of the Russian flight crew shot down by the Syrian army during an Israeli air strike, the Israeli Prime Minister Benjamin Netanyahu says.
Thor Industries, the us recreational vehicle producer, agreed to acquire Erwin Hymer Group, the German caravan maker, for $2.45B, including debt, Thor announced on Tuesday.
Volkswagen's truck division Traton is planning to establish a joint venture between the unit's MAN brand and China's truck maker Sinotruk, both firms confirmed on Tuesday.
On Tuesday, the Danish jeweller Pandora reported its shares surged as much as 10% on the news that the private equity funds explore a potential takeover offer.
Marsh & McLennan has agreed to acquire the British broker Jardine Lloyd Thompson in a deal valued at $5.7B, as the American financial services firm seeks boosting its global reinsurance business.
On Tuesday, the Russian President Vladimir Putin stated that the country's state atomic energy company Rosatom would start building two new nuclear reactors at the Hungarian power plant Paks in the near future.
Apple's CEO Tim Cook, whose products bypassed the new US tariffs implemented on China's goods, stated he expected the trade talks between China and the United States to have a positive resolution.
The start-up chaired by the former Intel President Renee James, Ampere Computing, has launched its first data centre chips made under the same technology as smartphone chips.
Mastercard, Visa and several US banks have reached a $6.2B settlement of a lawsuit filed by merchants over fees needed to be paid during the card payments acceptance.
On Tuesday, the President Emmanuel Macron promised to pledge more money into France's strained healthcare system, as hospitals creak under pressure of clinics closures and budget constraints.
Ferrari is set to launch 15 new car models, including utility vehicles and hybrid cars, as the luxury brand seeks to double its earnings by 2022.