Investor Cevian is likely to seek the second board seat at the German engineering company Thyssenkrupp, to focus on a new CEO and chairman search and help push for the restructuring measures.
On Thursday, the Chinese e-commerce giant JD.com claimed that it was planning to move its warehousing assets' management to the separate unit, hoping to revive profits after a loss in April-June.
The law enforcement authorities of Mexico and the US are planning to set up a team based in Chicago to target the finances and leaders of the Mexican drug cartels.
On Thursday, the Central Bank of China banned banks in its free trade zones from various lending activities to ease the pressure on the yuan in offshore markets.
On Thursday, Britain's HSBC decided to follow the decision of the Bank of England to raise interest rates, resulting in the increased rates for borrowers and savers.
The Israeli drone maker Aeronautics has rebuffed a $117M worth takeover bid from the businessman Avihai Stolero and the state-owned company Rafael Advanced Defense Systems.
Alibaba-backed online parenting company Babytree is planning to attract up to $1.0B in an initial public offering in Hong Kong scheduled for this October.
The US President Donald Trump on Wednesday had revoked the security clearance of the previous CIA Director of the Obama era John Brennan.
On Thursday, crude oil prices surged, regaining some of the losses, which were suffered during the last two days. The catalyst for the surge was the release of the US Crude Oil Inventories data on Wednesday.
On Thursday, the British Takeover Panel ruled out that Walt Disney would have to offer no less than £14 per share to acquire the UK pay-television company Sky.
Royal London, the British biggest pensions, mutual life and investment firm, reported its first half operating profit soared 1% to £187M from £185M a year earlier.
On Thursday, CareTech Holdings, Britain's social care service company, agreed to acquire its rival Cambian Group in a deal worth about $472.66M, as it seeks to boost the firm's child care business.
Uganda called on a unit of South Africa's telecoms titan MTN Group to list its shares locally as a condition to renew its operating licence.
France's Lagardere travel retail agreed to acquire the US airport food group Hojeij Branded Foods in a deal valued at $330M, the company stated on Wednesday.
On Wednesday, Best Buy announced it would acquire the health service company GreatCall in a $800M cash-deal, as it seeks to expand its services and selling products among the aging US population.
Starboard Value LP, the activist investor, has bought a 5.8% stake in Symantec Corp, seeking to get five seats at the cyber-security firm's board, according to the Wall Street Journal.
The US imposed sanctions on Russia's port service agency and China's firms for aiding to ships of North Korea and selling tobacco and alcohol to Pyongyang in a breach of the US sanctions.
Cisco Systems topped Wall Street forecasts for quarterly profit and revenue and forecast Q1 sales above targets, as the company's transition to a software-focused firm gained traction.
China's major solar equipment producer GCL was planning to enter the electric vehicle sector, in a bid to make use of the company's expertise in energy to get a competitive advantage in the crowded industry.
China stated that a delegation is set to attend the new round of trade negotiations with the US counterparts in Washington in lat August, in the latest attempt to defuse a conflict.
The Chinese state planner stated on Thursday that it approved 17 projects related to fixed-asset investments in the month of July, with a total worth of $11.24B.
China's PC maker Lenovo swung to a profit of $77M and beat forecasts in the Q1, helped by a solid increase in revenue, compared with a $72.3M loss in the same period year ago.
Shares of China's tech giant Tencent Holdings dropped, as it reported the first quarterly profit decrease in almost 13 years, adding that it was unsure about getting China's approval for the company's most popular game.
The Japanese export growth weakened more than anticipated in Jul,y as shipments to the US fell for a second month in succession, with a sharp decrease in the automotive sector.