Motherson Sumi Systems, India's vehicle wiring maker, has entered the early talks with the German peer Leoni over a potential merger deal, two sources familiar with the matter reported.
Diesel fashion laber's founder, Renzo Rosso, has raised interest into acquiring the Italian fashion house Roberto Cavalli via his OTB holding group, according to Il Sole 24 Ore's report published on Friday.
On Thursday, shareholders expressed their scepticism over speculation on a potential merger deal between Deutsche Bank and Commerzbank, saying the tie-up is unlikely to be seriously considered in the near future.
Axel Springer is considering to boost its existing businesses with the incremental takeovers next year, the German publisher's CEO Mathias Doepfner stated on Friday, adding there will be no any major deals for now that require outside financing.
Shares in the Indian firm Fortis Healthcare plunged as much as 14.3% to their lowest since October 30, after India's top court had put its sale to the Malaysian company IHH Healthcare on hold.
Victoria's Secret owner L Brands announced about La Senza sale, its luxury lingerie brand, to the private equity fund Regent's affiliate., ending month-long attempts to sell off the loss-making business unit.
France's luxury group LVMH is nearing a deal to acquire Britain's Belmond, the high-end hotels operator, in a cash-deal worth around $25 for a share, the Wall Street Journal reported.
German's online classified-ads firm Scout24 is thinking over a potential deal in which it could be taken private, the company stated late on Thursday, sending its shares up by 12% on Friday.
In an interview to the Economic Times, Blackstone's CEO Stephen Schwarzman that the company is likely to focus on Indian market next year amid weak currency, reform-oriented authorities and a number of other factors.
In a speech that will be delivered today in London, the former Prime Minister of Britain Tony Blair is expected to say that the EU and UK should start preparing for another referendum on Brexit, as the Parliament is likely to reject Theresa May's deal.
Japan's capital expenditure plans and business confidence were unchanged from the prior quarter, sign that companies were not worried about global growth concerns and escalating trade frictions.
China's retail sales increased at their weakest pace in 15 years, while industrial output grew the least in three years in November, as domestic demand kept softening, underlining higher risks to the economy.
Japan's manufacturing activity grew in December, though export orders contracted at the strongest pace since 2016, in a sign of falling overseas demand, a preliminary survey revealed.
China was on track to hit the GDP growth goal of around 6.5% in 2018, though the economy is likely to face more external unclarities next year.
Starbucks announced on Thursday it had teamed up with UberEats over coffee and food delivery in the United States, seeking to also double its China outlets within the following four years.
On Thursday, Adobe Systems reported a 22.8% surge in its Q4 revenue, driven by the higher subscriptions for the Creative Cloud software suite, including Photoshop.
The US new vehicle sales are expected to fall in 2019, as higher prices and increased interest rates could prompt customers to postpone car-buying plans, the NADA stated.
The UK announced its intention to host UN climate negotiations in 2020, the British Energy Minister stated, as it sought to establish a leading role in the fight against global warming after Brexit.
The US federal government ran a $205B deficit in the month of November, according to the Treasury Department's report on Thursday, while analysts expected a $188B deficit for the period.
YouTube took down around 58M videos and 224M comments over the third quarter due to violations of its policies, the company stated, aiming to demonstrate its progress in combating problem content.
Chipmaker Qualcomm was asking Chinese courts to ban sales of Apple's latest iPhone models XR and XS, as it won a preliminary injunction over older models, it confirmed on Thursday.
Standard Chartered laid off more than 200 jobs in India in the company's retail banking division, as customers moved to digital services, a source familiar with the matter stated.
Google launched Thailand's artificial intelligence programme to screen for a disease of diabetic eye that leads to permanent blindness, the tech giant announced on Thursday.
WOW air, Iceland's low-cost carrier, which entered talks with the US private equity firm Indigo Partners over a possible investment, announced on Thursday it was set to slash 111 jobs and cut its fleet to eleven aircraft.