Sweden's Ericsson stated it would book a $687M charge for the Q4, as the company was reconsidering its Digital Services strategy to protect the profitability targets.
On Thursday, Macy's trimmed its comparable sales estimates by 2% for the Christmas period quarter, compared to the previous forecast of 2.3-2.5% and sending the company's shares down 16% in premarket trading.
The EU Commission launched an inquiry into Nike's tax treatment in the Netherlands, as the US sportswear maker might have potentially received an illegal advantage.
On Thursday, the defence contractor Textron Systems it had acquired Howe & Howe Technologies, the military-grade ground vehicle developer, seeking to expand its portfolio of unmanned capabilities.
The Israeli tech company CloudEndure announced it had been acquired by the US tech giant Amazon's cloud computing unit AWS, not providing any financial details of the deal.
Amazon is planning an investment into the French robotics company Balyo within the following seven years, seeking to bolster sales of the firm's technology for automotive forklift trucks.
Chinese officials on Thursday announced that China and the US have progressed in their talks on questions like intellectual property and technology transfer.
On Thursday, Ford Europe announced that the subsidiary will cut thousands of jobs, discontinue loss-making vehicles and leave unprofitable markets. The efforts are aimed at reaching a six percent profit margin.
The French insurer AXA is planning to relocate its staff from the United Kingdom and France to Ireland amid the UK's withdrawal from the European Union.
Britain's Meniga is set to acquire the Sweden-based fintech company Wrapp, as it seek expanding its presence in the Nordic region, the firm announced on Thursday.
On Thursday, over 640 flights in Germany's airports of Stuttgart, Cologne and Dusseldorf were cancelled due to strikes launched by security staff in their push to put pressure on airports' management over wages.
The carmaker Rolls Royce urged the British PM Theresa May to avoid the hard Brexit process, adding it was expanding its warehouse capacity, establishing some stock and training suppliers for any custom change in case the UK leaves the bloc with no deal.
Jaguar Land Rover, Britain's largest carmaker, is planning "substantial" job cuts due to lowering demand in China and a drop in diesel car sales in Europe.
Europe's Airbus has lost to its US rival Boeing in their annual race for a number of the jet orders, after winning five years in a row, plunging to the planemaker's lowest share of $150B aircraft market in the last six years.
Valcambi, Switzerland's precious metals refiner, made a $16M bid to acquire its competitor Republic Metals Corporation's assets, which had filed for bankruptcy in 2018.
A petrochemical unit of the Mexican conglomerate Alfa, Alpek, agreed to acquire the PET recycling plant located in Indiana's city of Richmond, with a deal planned to be closed in the 2019 Q1, the company stated.
The Chinese Producer Price Index grew 0.9% year-on-ear in December, marking the weakest growth rate since September 2016 and slowing markedly from the prior month's 2.7% rise, the NBS said.
Haruhiko Kuroda, the Bank of Japan Governor, stated on Thursday the country's economy was anticipated to keep moderately growing, while financial system remains stable.
Fiat Chrysler is set to pay more than $700M to resolve lawsuits over claims that illegal software was used to allow 104K diesel vehicles to emit excess emissions.
South Korea's LG Chem announced plans to invest some $1.07B to expand two battery plants in China by next year,, aiming to meet increasing global demand.
The Ukrainian foreign trade increased 12% in 2018 to $104.2B from $93.04B the prior year, the State Fiscal Service reports.
Germany exported €116.3B of goods and imported €95.7B of goods in November 2018, nearly unchanged from the same period the previous year, the Federal Statistical Office reports.
The Macedonian economy is expected to expand 2.9% in 2019, an increase from 2.5% in 2018, the Macedonian Information Agency reports.
Ukraine plans to purchase long-range sniper rifles from Canada this year, the Ukrainian Ambassador to Canada Andriy Shevchenko says.