Facebook is set to create 500 more tech jobs in the London engineering centre by this year's end, including 100 job positions in artificial intelligence, the social media giant announced on Wednesday.
On Wednesday, KKR-controlled funds offered €63 per share to buy out Axel Springer's minority shareholders in the bid agreed by the German publisher's majority shareholders.
Uber Technologies has picked Australia's Melbourne as a test site for its flying taxi service, following launch delays in the previously selected Dubai, the US ride-sharing firm announced on Wednesday.
On Wednesday, Reckitt Benckiser, the UK consumer goods giant, appointed Pepsico's executive Laxman Narasimhan as its new Chief Executive Officer to succeed Rakesh Kapoor.
On Wednesday, oil prices declined by 1%, pressured by weaker crude oil demand. The international benchmark for oil prices, were down 1.4%, while the US West Texas Intermediate was down 1.6%.
Japan's Cabinet Office data released on Wednesday showed that the Japanese machinery orders increased for a third consecutive month in April.
New Zealand's electronic retail spending decreased 0.5% in May, while actual sales grew 3.2% from the same period a year ago, the report showed on Wednesday.
The German car producer Volkswagen stated on Tuesday that it has terminated a deal with the autonomous car software developer Aurora, shortly after the US start-up stated that it would create autonomous car platforms together with Fiat.
The Deputy Finance Ministers of the Euro Zone backed on Tuesday the European Commission's opinion of the necessity of disciplinary measures against Italy.
The US President Donald Trump wrote on Twitter on Tuesday that a tariff threat represented an effective tool in trade negotiations with China.
According to the Braunschweig prosecutor's office, the head of Volkswagen works council Bernd Osterloh would face an investigation over excessive pays to part of its members.
Crocs is set to cut the volume of shoes and accessories made in China for the US market by more than 60% over the following year, as the company guards against the President Donald Trump's trade war's impact.
Apple stated that it decided to cease plans for its second data centre in Denmark and announced that the company is likely expand other site in the country instead.
The US President Donald Trump expressed his concern over the merger between the defence contractor Raytheon and United Technologies worth $121M, as he would seek the deal not to hurt competition.
European antitrust regulators have blocked Thyssenkrupp and Tata Steel bid to form a joint venture on Tuesday due to competition and surging prices concerns, calling the concessions offered "inadequate".
On Tuesday, Toshimitsu Motegi, the Japanese Economic Minister, announced he would meet Robert Lighthizer, the US Trade Representative, on June 13 in Washington amid US-Japan trade talks' second round.
The autonomous car joint venture formed by Toyota Motor and SoftBank is planning to launch its operations in Southeast Asia starting next year, the firm's CEO Junichi Miyakawa stated on Tuesday.
On Tuesday, Elisabeth Borne, the French Transport Minister, stated there was a room for the Fiat Chrysler-Renault deal to resume, despite negotiations breakdown last week.
The British Prime Minister candidate, Mark Harper, stated on Tuesday he would propose new Brexit deal, but added that in this case the country's withdrawal from the EU bloc might be delayed and happen later the set date of October 31.
The British insurance and tourism company Saga has cooperated with Goldman Sachs to tap over-50s product savings, seeking to revive the firm's bottom line after its profit warning in April.
On Tuesday, Swiss drugmaker Roche has appointed new head of the $13B diagnostics unit, Thomas Schinecker, following Peter Voser resignation as a board member.
Readerlink, the book distribution company, is preparing to make an offer for Barnes & Nobles that can beat Elliott Management Corp's already set price to acquire the US bookseller, according to the Wall Street Journal.
Facebook is set to launch new versions of the video chatting devices called "Portal" this fall, the company's AR/VR Vice President Andrew Bosworth announced on Tuesday.
Manufacturing sales volumes in New Zealand increased 2.0% in the March quarter, with volumes for meat and dairy products, the country's biggest export earners, up 11.4%, the report from Statistics New Zealand revealed.