Norway's Petroleum Directorate stated that it anticipated the country's oil industry investments to surpass $16.56B in 2019.
Audi delivered around 1.81M vehicles to customers worldwide last year, 3.5% less than in the preceding year, the German carmaker stated.
Cadillac is anticipated to become General Motors's lead EV brand, as the US automaker gears up to introduce its new model under the competition with Tesla.
JPMorgan Chase & Co boosted its bonus pool 3% for 2018 after the division of investment banking topped charts throughout the year, sources familiar with the matter stated.
Japan's carmaker Honda is set to shut the UK operations for six days in the month of April to help to counter border disruption from the UK departure from the EU.
Industrial groups Alstom and Siemens discussed additional divestments with the EC to win approval for the plan to create a joint Franco-German rail major.
Austria announced details of the plan to tax internet majors including Google, Amazon, Alibaba and Facebook 3% of their advertising revenue.
Volkswagen sold 6.24M of VW-branded cars in 2018, despite delivery problems amid new anti-pollution regulations, though warned that the company is likely to keep facing considerable challenges this year.
Norway was considering whether to join other nations in excluding Huawei from building the part of the country's new infrastructure of 5G telecommunications.
Vodafone announced plans to cut up to 1.2K jobs from the company's Spanish business, though it declined to provide further details ahead of negotiations with labour representatives at the end of the month.
Chile evaluated proposals for an up to 19% tax on multinational digital commerce firms with local operations, the country's Finance Minister stated.
HSBC Holdings agreed to pay $30M million to settle lawsuit by investors accusing eleven big banks of rigging the $9 trillion government agency bond market in the period from 2009 to 2015.
On Thursday, American Airlines trimmed its forecast for the Q4 revenue metric, bringing its shares down 7% to $31 in premarket trading.
Starboard Value, the activist fund, is establishing a stake in MGM Resorts, as the US casino and hotel operator comes under the scrutiny from investors over the profit targets.
Sears Holdings' Chairman Eddie Lampert on Thursday submitted a new revised takeover bid worth over $5.0B for the retailer in attempt to save the company from liquidation.
On Thursday, Apple's key supplier Foxconn reported an 8% drop in the company's December revenue, first time in ten months, tumbled due to a lower demand for electronics.
Sweden's Ericsson stated it would book a $687M charge for the Q4, as the company was reconsidering its Digital Services strategy to protect the profitability targets.
On Thursday, Macy's trimmed its comparable sales estimates by 2% for the Christmas period quarter, compared to the previous forecast of 2.3-2.5% and sending the company's shares down 16% in premarket trading.
The EU Commission launched an inquiry into Nike's tax treatment in the Netherlands, as the US sportswear maker might have potentially received an illegal advantage.
On Thursday, the defence contractor Textron Systems it had acquired Howe & Howe Technologies, the military-grade ground vehicle developer, seeking to expand its portfolio of unmanned capabilities.
The Israeli tech company CloudEndure announced it had been acquired by the US tech giant Amazon's cloud computing unit AWS, not providing any financial details of the deal.
Amazon is planning an investment into the French robotics company Balyo within the following seven years, seeking to bolster sales of the firm's technology for automotive forklift trucks.
Chinese officials on Thursday announced that China and the US have progressed in their talks on questions like intellectual property and technology transfer.
On Thursday, Ford Europe announced that the subsidiary will cut thousands of jobs, discontinue loss-making vehicles and leave unprofitable markets. The efforts are aimed at reaching a six percent profit margin.