Deutsche Bank will have to transfer up to 800 people to BNP Paribas, as part of the deal where BNP is set to assume the German conglomerate's prime brokerage operations, sources close to the matter stated on Friday.
The buyout firm KKR is considering to sell its Epicor Software Corp unit in a potential deal worth about $5.0B, including debt, sources close to the situation reported on Friday.
Amazon.com is planning to acquire a 3.58% minority stake in the Indian group Future Retail, which owns over 1.5K stores in country, as well as several supermarket chain, including the budget grocery and department store chain called Big Bazaar.
Tesla has signed an agreement to purchase batteries from the South Korean giant LG Chem for its electric vehicles built in China, according to a Bloomberg report published on Friday.
On Thursday, the US Securities and Exchange Commission has fined Deutsche Bank for $16M over violation of the Foreign Corrupt Practices Act.
The President of Brazil Jair Bolsonaro wrote on Thursday that heightened interest of certain countries to Amazon forests risks to violate the country's sovereignty.
Germany's industrial group Thyssenkrupp was in talks to acquire metals distributor Kloeckner & Co in a bid to strengthen materials trading business, according to sources familiar with the matter.
Germany's vehicle maker Daimler AG announced its plans on Thursday to build heavy trucks under the Mercedes-Benz brand in China, revamping truck factories held by the group's local joint venture.
On Thursday, Volkswagen stated it had no interest in acquiring a stake in the US electric vehicle manufacturer Tesla, following recent speculations about a possible deal made by Manager Magazin.
The number of applications for US unemployment benefits plummeted 12K to a seasonally adjusted 209K in the week ending August 17, missing analysts' expectations for a 216K reading, according to Labor Department's report released on Thursday.
Mediaset has filed a complaint against shareholder Vivendi with the Italy market watchdog, accusing it of information leakage, allegedly seeking to scrap its plans for corporate restructuring.
On Thursday, France's President Emmanuel Macron has told the British Prime Minister Boris Johnson that it was too late for a new Brexit deal, which would be impossible to rewrite by the October 31 deadline.
Amazon.com has called on the Indian government to ease e-commerce restrictions, as well as help tiny businesses export goods and sell online to revive the sluggish domestic economic growth.
The US House Energy & Commerce Committee has launched a probe into four dominant e-cigarette manufacturers amid raised concerns about the impact of their products on people's health.
Audi is planning to join the alliance of its competitors Daimler and BMW to develop an upgraded driving assistance systems, according to the German weekly newspaper Wirtschaftswoche's post seen on Thursday.
On Thursday, it was announced that the global oil market share held by OPEC has decreased to 30%. The decline has occurred due to increase of production in Iran and Venezuela.
The German private sector has continued to underperform this month as the manufacturing recession hampered, while the services sector's activity eased slightly, marking a possibility that the EU biggest economy is moving towards recession.
The Italian President Sergio Mattarella is seeking political parties to agree on a deal to establish a new government during the next couple of days to avoid early elections, an official source reported on Thursday.
Splunk, the data analytics software developer, announced its acquisition of the privately-owned cloud software firm SignalFx in a cash0and-stock deal valued at around $1.05B, sending Splunk's shares 7.4% up to $137.99.
South Korea's senior official stated on Thursday that North Korea and the United States were expected to resume their denuclearisation negotiations in the nearest time, raising hopes for a progress in talks after a stalemate.
On Thursday, crude oil prices edged higher after a decline in the US crude inventories. Brent crude futures were up $60.36 a barrel by 0242 GMT, while the US WTI crude rose to $55.78 per barrel.
The US Dollar held gains against a basket of major currencies on Thursday after the US Federal Reserve's policy minutes tempered interest rate cut expectations.
According to the US nonpartisan Congressional Budget Office, higher tariffs are expected to reduce real income for the average US household and would shave 0.30% from the US gross domestic by 2020.
The US Securities and Exchange Commission voted 3-2 on Wednesday to release new guidance on shareholder proxy advisers.