South Africa's MTN Nigeria has debuted in Lagos in the $6.5B listing on Thursday, sending its shares up 10% from the initial IPO price of 90 naira.
Air Canada announced on Thursday it would acquire Canada's tour operator Transat A.T. in a deal worth C$520M cash as the carrier seeks to establish Montreal's global travel services firm.
On Thursday, Goldman Sachs Group stated it was set to acquire United Capital Financial Partners, the wealth management firm, in an all-cash deal valued at $750M, its largest acquisition since the 2008 financial crisis.
Huawei is intending to clinch a no-spy pacts with governments, including the British government, o the back of the US pressure on the EU countries to shun the company over espionage concerns.
On Thursday, Thyssenkrupp's shares surged 7.2% after a report that Finland's Kone is planning a bid for the German conglomerate's elevator division worth $15.70B.
The British luxury brand Burberry reported on Thursday a 6% fall to $562M in its adjusted operating profit for the year ending March 30, tumbled by investments in new products and forex movements.
On Thursday, the European Union has fined JP Morgan, MUFG, Barclays, Citigroup and Royal Bank of Scotland a combined $1.2B for rigging the foreign exchange market.
Nissan Motor Corporation announced on Thursday that the company would continue developing self-driving cars that would use cameras and radar sensors.
On Thursday, it was announced that Asset Management of Goldman Sachs announced that the bank has cut its investment in emerging markets by selling debt and currencies of emerging market countries.
France's tire maker Michelin stated on Thursday it was planning to acquire the telematics group Masternaut, not specifying the price of the deal, which would boost Michelin's presence in the customer services field.
On Thursday, Sony Corp stated it was planning a share buyback worth $1.83B or 4.8% of its stock via March 2020, in the company's efforts to bolster shareholder returns.
Finland's Kone is looking at options to bid for Thyssenkrupp's $15.7B elevators division, despite the German conglomerate's plan to list the unit, sources reported on Thursday.
French group Arkema is set to acquire the US-based firm ArrMaz in the deal valued at $570M on the enterprise-value basis that should bolster the French chemicals company's earnings as well as its presence in the sector of performance additives.
The We Company, the parent of working space provider WeWork, stated that it created a $2.9B worth platform for real estate investments, with financing from Canada's pension funds CDPQ, strengthening ties with the Rhone Group.
Semiconductor revenue is anticipated to fall 7.2% globally in this year after the growth in three years in succession, as the industry faces slowing smartphone sales and weakening demand in China, IDC stated.
France's video game producer Ubisoft net bookings of €676.7M, below company's expectations of approximately €698.0M, while the same period's sales stood at €516.5M.
Cisco reported stronger-than-expected quarterly earnings and gave an upbeat forecast about its sales for the current period, as the blow of US-China trade war was cushioned.
Tesla Inc stated the the company's solar factory in New York would start manufacturing Supercharger cabinets and other energy storage products for its electric vehicles.
Credit Agricole reported a bigger-than-anticipated decline in net profit in the Q1, after a rise of costs eclipsed increased profits at its France's retail bank and investment and corporate banking arm.
Tencent Holdings reported a record quarterly profit, beating market expectations, as the company booked an increase in the value of investments, while cloud and fintech revenues helped to make up for decreases in games.
Ford Motor announced plans to start production of new luxury models of Lincoln in China for the local market, starting with the new model of Corsair later in 2019, to avoid the risk of tariffs and benefit from diminished costs.
Exports of clean Russia's oil via the Druzhba pipeline, which were interrupted due to contamination, are expected to be fully restored later this months or in early June, Russian Energy Minister stated.
China's e-commerce giant Alibaba beat Q4 revenue forecasts with 51% increase to $13.6B in the reported period, owing to growth in the core business and cloud computing services, sending shares up 1.7%.
Ford Motor was recalling nearly 273K Ranger pickup trucks and Ford Fusion cars in North America, which could roll away, if the gear is not in parking mode, the automaker stated.