On Wednesday, the new CEO of BMW revealed that he has delivered a 33% increase in profits in the third quarter of this year. The company is one of the few auto makers, which is set to reach its 2019 targets.
The German engineering orders plunged by 4% year-on-year in September, tumbled by trade disputes and falling global investment appetite on German goods orders, VDMA reported on Wednesday.
France and China have signed deals worth $15B during the President Emmanuel Macron's visit to Beijing, China's government official announced on Wednesday.
Xerox Holdings Corp is exploring a cash-and-stock takeover bid for the PC maker HP Inc, a deal that could value HP at $27.0B, according to the WSJ.
Tesla Inc and Walmart Inc have reached an agreement to settle a legal dispute over solar panel installations.
On Tuesday, Jair Bolsonaro, the President of Brazil, said that he would try to push for an amendment of the constitution to enable the government to reduce public sector salaries.
The United States has imposed sanctions on five Venezuela's political figures and security officials, the US Treasury Department said in a statement on Tuesday.
Nvidia Corp announced on Tuesday that the United States Postal Service would use its artificial intelligence software to process package data 10 times faster.
Hungary's energy company MOL is acquiring a $1.57B worth stake in the Azeri giant oilfield from Chevron, a purchase that will add around 20K barrels per day to MOL's output guidance.
Royal Dutch Shell is set to acquire France's renewable power wind farm EOLFI, in the oil and gas giant's another move to ramp up its electricity business.
The Italian broadcaster Mediaset is in talks with Vivendi, its hostile shareholder, about possible resolutions of a dispute regarding the governance of the Mediaset's planned pan-EU TV reorganisation.
Mylan topped Wall Street estimates, as its net earnings rose 3.5% to $2.96B in the Q3, owing to expansion in the company's biggest market of North America.
Canadian trade deficit narrowed to C$978M in September, compared with a revised C$1.24B deficit in August, as imports and exports declined.
Kroger announced forecast for adjusted profit in the range $2.30-$2.40 per share and same-store sales to rise 2.25% in 2020, surpassing analysts' estimates.
On Tuesday, the Hungarian Foreign Minister has opened doors for China's telecoms giant Huawei to participate in the launch of the high-speed 5G network in Hungary.
On Tuesday, Air France-KLM is planning to expand its Transavia budget line, as well as tap the core French carrier into premium travel, as the company seeks to bolster its shares and profit.
SAP, Germany's business software group, announced it would make a return of an extra $1.7B to shareholders in the following year, as the company's strong operational and financial performance made the enhanced payout possible.
Xerox Holdings Corp is planning a 25% stake sale in Fuji Xerox, the joint venture built up with Fujifilm Holdings, in a potential deal worth $2.3B, according to Reuters.
On Tuesday, crude oil price benchmarks continued to edge higher. The surge was boosted by a decrease in Chinese interest rates. Namely, crude oil is being repriced, as global money supply has been increased.
Trump's Administration has triggered the US withdrawal from the Paris Climate Change Agreement by filing paperwork on Monday, a part of the broader strategy by the President Donald Trump to cut red tape on the American industry.
Malaysia is planning to allow motorcycle-hailing companies, such as the local firm Dego Ride and Indonesia's Gojek, to launch their operations on limited extent starting from January 2020.
Heiko Maas, the German Foreign Minister, has raised doubts regarding Huawei Technologies participation in the 5G data network development and construction, citing national security laws.
Comcast Corp has launched new advertising tools for advertisers to target certain TV viewers, as the biggest US television provider seeks luring away ad dollars from digital rivals.
Data released on Tuesday revealed that retail spending in the UK rose by 0.6% on a yearly basis in October.