Lion Air and Garuda Indonesia, the engineering units of the two largest airlines in Indonesia, are planning to form a joint venture for aircraft, components and engine maintenance, Reuters reported on Thursday.
Gymboree Group, Children's clothing retailer, has filed for the bankruptcy protection for the second time in nearly two years, the company announced on Wednesday, adding it would shut down 800 Crazy 8 and Gymboree stores.
Alstom, France's transport infrastructure group, stated it expected the Siemens tie-up to be completed in the first half of 2019, after winning regulators' approval, as watchdog was concerned about competition the deal could hit.
South Korea's industrial parts and materials' exports hit a record high last year amid demand for locally-made fuel cell and semiconductor.
Singapore's NODX to China increased by 15.4% year-over-year in December, compared to the prior month's 16.4% contraction.
Japan's workers' monthly wages were underestimated 0.6% on average in the period from 2012 to 2018 period amid a faulty method of polling, which came to light recently.
A measure of anticipated British house sales in the next three-month period was the weakest in December as Brexit approached, a survey revealed.
The German government was considering stricter requirements of security to exclude China's Huawei Technologies from a build-out of 5G mobile networks.
Oil prices declined on Thursday, as the US crude production approached an unprecedented 12M bpd just as worries over weakening demand emerge.
Hyundai Motor and affiliate Kia Motors announced plans to recall about 168K vehicles in the US at fuel leaks risk and to suggest software updates for 3.7M vehicles.
The consumer price index in Israel increased 0.8% in 2018, below a target of 1% to 3%, the Central Bureau of Statistics reports.
China and the United Arab Emirates plan to jointly improve sustainable development in the world, says Chinese President Xi Jinping's special representative Yang Jiechi.
China and Germany are set to sign two agreements to increase cooperation in the financial sector this week, a German government document revealed.
The number of US consumers applying for loans to buy a house or to refinance one increased to an 11-month high in the prior week, indicating that the recent decline in interest rates revived housing activity, the MBA stated.
Airbus expanded the industrial presence in the US, getting ready to breaking ground over a new plant for the company's A220 jet, 18 months after it agreed to buy Canada's jetliner.
The US import prices dropped for a second month in succession in December, as the petroleum products' cost tumbled, causing the largest year-over-year drop since 2016.
Infor, the cloud technology firm, announced on Wednesday it had received a $1.5B more in funding from its two shareholders, the PE group Golden Gate Capital and Koch Equity Development, ahead of its planned IPO in 2019-2020.
Farallon Capital Management, the US hedge fund, is nearing a deal to acquire a majority stake in the Brazilian conglomerate Odebrecht's toll road operator for about $403.58M.
Fiserv, the US financial technology provider, announced on Wednesday it would acquire First Data, the payment processor in the $22B all-stock deal, one of the biggest takeovers in the fintech sector.
On Wednesday, Ford Motor said it saw a weaker-than-expected Q4 results, and faced an uncertainty in 2019 amid trade disputes and Britain's withdrawal from the EU, sending the carmaker's shares down 2%.
The US import prices plunged 1.0% in December, tumbled by petroleum products cost and a strong US dollar that curbed other goods prices; thus, causing the biggest annual fall in over two years.
On Wednesday, Goldman Sachs bet analysts' forecasts on its overall trading revenue by showing a 2% rise and a 17% jump to $1.60B in its equities trading revenue, becoming the only WS bank to report growth in the Q4 trading revenue.
The CEO of Magna, Don Walker, urged the vehicle and auto parts makers to cut back their investments and establish more partnerships, if they seek to capitalise on EVs and self-driving cars.
Ties between Verizon Communications and Apple Inc deepen, as the telecommunications firm is set to launch a subscription to free Apple Music for some of the US customers.