Hudson Bay's agreed to sell around 50% of its EU business to the Austrian group Signa Holding in the deal that tie up two German department store chains together, the media reported on Wednesday.
Fosun International stated it would acquire 69.18% match-making assets from Baihe Jiayuan Network Group's Chairman Guo Guangchang in a cash deal valued at $603.4M.
Portugal's telecoms company Altice and China's electronics giant Huawei are working closely to help Portugal become the European leader in the 5G networks' development.
On Thursday, the British miner Petra Diamonds announced it had sold a stake in the joint venture of Kimberley Ekapa Mining for around $22M.
The US Secretary of State Mike Pompeo went on Thursday to North Korea to have another round of negotiations with Kim Jong-un and discuss liquidation of its nuclear plants and arsenal.
The World Trade Organization (WTO) stated on Thursday that chain of trade barriers initiated by the United States has already shown negative effects on global economic growth.
As Donald Trump prepared to visit the United Kingdom next week, various political analysts noticed that Britain is set to be more dependent on its alliance with the USA.
European stock markets continued to gain on Thursday in contrast to the session of decline experienced during the Asian session.
Crude oil prices dropped by 11 cents on Thursday, reaching $74.03 a barrel, as the US President Donald Trump urged OPEC members to cut their prices.
The Information, Communication and Technology Minister of Kenya Joe Mucheru stated on Thursday the government will use special balloons developed by Alphabet X to provide Internet in hard-to-reach rural places.
The Competition and Consumer Commission of Singapore stated on Thursday that sale of Uber's Southeast Asian business to Grab resulted in lower competition on the Singapore market and proposed to fine both companies.
According to the Wall Street Journal, Xu Ziyang was nominated as the new Chief Executive Officer of Chinese networking gear and smartphone maker ZTE Corp.
On Thursday, Japan's industrial gas firm Taiyo Nippon Sanso announced it had agreed to acquire a part of the EU assets of Praxair in a possible deal worth $5.9B.
Embraer's CEO Paulo Souza e Silva stated that the company's talks with Boeing over a merger of operations are in its final stage, Valor Economico reported late on Wednesday.
China's fight against deeply ingrained corruption was not over, and the Communist Party was facing enormous challenges while going forward, the country's President Xi Jinping warned.
The International Monetary Fund cut the forecast for Germany's GDP growth to 2.2% in 2018, saying that the threat of hard Brexit and rising protectionism exposed the economy to significant short-term risks.
Netflix premiered the first series in India's Bollywood, raising the stakes in the battle with streaming competitor Amazon Prime for the country's more than 1B potential viewers.
The party of the Mexican President-elect Andres Manuel Lopez Obrador could face a $10M fine for campaign finance rules' violations, the national electoral institute stated after the group's wide-reaching election victory.
Britain's largest carmaker Jaguar Land Rover stated that a so-called hard Brexit would cost it £1.2B a year, curtailing the company's future operations in the United Kingdom.
Airbus Chief Executive Tom Enders stated that he was worried that an escalation in the US trade dispute with other countries is likely to trigger retaliation, which could impact air traffic.
On Wednesday, Brazilian police arrested a top executive of General Electric Co in Latin America, Daurio Speranzini Jr, as a part of investigation of medical equipment fraud scheme.
On Wednesday, British Supreme Court dismissed an appeal by Goldman Sachs regarding a compensation for a loan provided to Portugal's Novo Banco's bankrupt predecessor Banco Espirito Santo.
On Wednesday, the World Trade Organisation said in trade restrictions report that current trade tensions, including a trade war between China and the US, could affect the recover of global economy.
On Wednesday, the lawmakers of the EU gave an approval for the European Investment Bank to operate in Iran as a part of attempt to save 2015 Iran nuclear agreement after the US withdrawal from the deal.