Walmart is expected to spend more than $700M on bonuses as compensation for helping meet an increase in demand for essential goods in the coronavirus crisis.
LafargeHolcim was allocating 100M Swiss francs or nearly $111.89M to cut its CO2 emissions in India, the world's biggest cement maker stated.
JD Logistics asked banks to pitch for the lead role in Hong Kong IPO of up to $3B, aiming to launch the deal in the H1 of 2021, two sources familiar with the matter stated.
PhonePe, the digital payments operations of Walmart's e-commerce arm Flipkart, announced that it is set to sell a stake to existing investors for $700M.
During Thursday's European trading hours, the US Dollar index reached low levels not experienced since May of 2018.
On Thursday, 3M stated it would reduce about 2,9K job positions globally as well as scale back on its investments in the non-rapid-growing markets amid the company's restructuring.
On Thursday, Norwegian Air proposed restructuring, planes and New shares sale in the carrier's efforts to survive the coronavirus crisis.
US federal appeals court scheduled a hearing on TikTok new user ban for December 14, it announced earlier this week.
On Thursday, Walmart-controlled India's e-commerce company Flipkart announced it would partially spin off PhonePe, aiming to expand the access of the digital payments platform to capital to bolster its growth.
On Thursday, the German carmaker Daimler stated it was set to propose Bernd Pischetsrieder, the former BMW and Volkswagen executive, as a candidate to become the carmaker's chairman.
Buffett-backed data warehouse company Snowflake reported a bigger Q3 loss of $168M in the first quarterly result after its IPO in September.
XPO Logistics Inc announced its plans to spin off its logistics and warehousing business into a separate publicly-traded company, which will focus on e-commerce fulfilment.
Australia's Macquarie Group announced that it agreed to buy the investment management company Waddell & Reed Financial for $1.7B in cash.
Uber Technologies was in advanced negotiations to sell air taxi operations, "Uber Elevate", to aerospace company Joby Aviation, Axios reported, citing sources.
Amazon.com Inc announced that five firms, including JetBlue Airways and Uber Technologies, joined its Climate Pledge, the commitment to be net-zero carbon by 2040.
Teen banking application Step raised $50M from investors led by Coatue Management together with celebrities, including Justin Timberlake.
Amazon.com was in talks to acquire podcast startup Wondery valued at more than $300M, the WSJ reported citing sources familiar with the matter.
Car sales in France contracted 27.03% in November, compared to the same period in 2019, data released by the Automobile Manufacturers Committee show.
The economy of Chile contracted 1.2% in October, compared to the same month in 2019, a report published by the Central Bank of Chile shows.
The Canadian economy expanded 40.5% in the third quarter of the current year, compared to the previous quarter, data published by the Statistics Canada show.
The government of the United Kingdom on Wednesday approved the Covid-19 vaccine of Pfizer.
On Wednesday, the share price of Xiaomi dropped by more than seven percent, as the company finished a $3.91 billion fund raising project.
ION, the financial software group, is sponsoring a $500M worth IPO of SPAC, the special purpose acquisition company, seeking to invest in the fintech and services.
The Euro zone's producer price index surged more than anticipated month-over-month in October, while unemployment dropped due to the economic recovery before the coronavirus second wave struck.