A.P. Moller-Maersk, the Danish shipping group, reported a better-than-expected Q3 profit on Wednesday, but stated the demand for container shipping had been hit by the US-China trade war.
Britain's Grainger stated on Wednesday it would buy the real estate investment trust Grip in a £396M deal, as the company sought expansion in private-rented sector.
Nike hired Craig Williams, the former Coca-Cola executive, as a new president of the company's sports shoes arm Jordan Brand, who is set to take charge on January 14.
On Wednesday, Flybe Group, the British regional airline, stated it had entered talks with the strategic operators over over a potential sale, as the carrier struggles with the higher fuel costs.
The Chef Executive Officer of France's Covea, Thierry Derez, resigned from the board of firm's rival Scor, after the company had rejected a takeover offer from the cooperative insurer.
On Tuesday, the most popular music streaming service in the world, Spotify, officially launched its services in North Africa and the Middle East, including Morocco, Egypt, the UAE and Saudi Arabia.
Northwestern Mutual and a real-estate investment trust Phillips Edison have teamed up in two ventures that involve 20 grocery-anchored shopping malls with a value of $415M in total.
WeWork, the US provider of shared office space, has received an extra $3.0B in funding from the Japanese firm SoftBank Group, an investor presentation showed.
Demand for office space in the City of London is expected to progress even with the imminent Brexit, an industry survey revealed, withmedia, technology and telecom firms taking up spaces.
Growth in the Chinese real estate investment slowed to the weakest level in ten years and home sales droped again, as developers postponed expansion plans, facing softening economic conditions.
The Japanese economy contracted in the Q3, affected by natural disasters and a decrease in exports, suggesting that trade protectionism measures could start to take toll on demand from overseas.
China reported that industrial production and investment rose faster than anticipated in October, suggesting that support measures started to take hold, while retail sales growth weakened more than expected.
The European Union opened its diplomatic mission in Mongolia, the EU Commissioner for International Cooperation and Development Neven Mimica reports.
Cotton production in Tanzania rose by 67% this season compared to the previous season as an investment in the agricultural sector increased, a senior official says.
UnionPay International, a subsidiary of China UnionPay, plans to enter the Ukrainian market, the Ukrainian central bank says.
The German government wants to invest €3B in artificial intelligence development, the German newspaper Handelsblatt reports.
The Organization of the Petroleum Exporting Countries is ready to support the oil market, the United Arab Emirates Minister of Energy and Industry Suhail bin Mohammed Faraj Faris Al Mazrouei says.
The Singaporean Prime Minister Lee Hsien Loong asked members of the Association of Southeast Asian Nations to continue to pursue economic integration.
Apple supplier Qorvo cut its forecast for profit, revenue in the Q3, joining suppliers to Apple, which were warned of earnings hit amid lower demand from the main customer.
Spain considered plans to propose ban on petrol, diesel and hybrid car sales from 2040, government sources stated, joining countries aiming to help to diminish greenhouse gas emissions.
Zotye Automobile, the company partnering with Ford Motor in China, announced plannes to begin selling its SUVs in the US in the year of 2020.
Vodafone's new CEO stated that he is set to cut costs and seek the value of its towers and masts' maximization to enocurage higher returns at the company after taking charge last month.
The European Union has made a proposal on Tuesday to allow Britons to travel to the bloc with no visas after the Brexit process is finished.
On Tuesday, Amazon.com stated it had selected Northern Virginia and the New York City to establish new headquarters worth about $5.0B for up to 25K people.