On Thursday, the US planemaker Boeing Co stated it was partnering with Porsche, Volkswagen's luxury sport car brand, as two companies seek to develop an electric flying vehicle that would be capable of moving people in urban settings.
London Ritz Hotel's owners hinted they were planning a sale of the luxury establishment, a haven for statesmen, royals, and movie stars, in a potential deal worth $1.0B, sources with knowledge of the matter stated on Thursday.
The US production business of ProSiebenSat.1 Media is luring interest from potential buyers, as the German broadcaster seeks to launch a sale by this year-end, according to Reuters.
On Thursday, shares in LVMH surged 3.9% after the luxury goods giant's sales update, which eased fears of potential fallout on the high-end brands from Hong Kong protests.
The US consumer prices stayed unchanged in September, underlying inflation retreated, and supporting expectations that the FED will trim interest rates this month, the third time during this year due to economy risks posed by trade tensions.
Britain has rejected lawmaker calls to expand watchdog powers to provide consumers with more protection from investment products that are not regulated, following a collapse of London Capital in January.
Royal Air Maroc, Morocco's national carrier, has suspended its deal to acquire two more Boeing 737 MAX jets, following the fatal Ethiopia crash of the same model, sources reported on Thursday.
An Indian franchise of WeWork saw talks with the local-based ICICI Bank to raise $100M in a funding break down, following a bad sentiment from the botched IPO by The We Company, seeking now to attract $200M from other investors.
During Thursday's early trading hours, European stock indices declined, as healthcare companies reported that sales would decline next year.
On Thursday, North Korea stated it might reverse its steps to build trust with the United States, as the Asin country's patience had limits, on the back of the US Security Council's call to cease weapon programmes.
General Motors Co's Q3 China vehicle sales plunged 17.5% year-on-year to 689,531, as the US carmaker was hit by a slowing economy due to the China-US trade war, as well as by severed competition in its main mid-priced SUV segment.
China Everbright Group, the state-owned financial conglomerate, is planning its sprawling business restructuring and a billion-dollar Hong Kong initial public offering next year, Reuters said on Thursday.
AT&T is planning wireline and wireless assets sale in US Virgin Islands and Puerto Rico to Liberty Latin America in a deal valued at $1.95B, amid the second-biggest US wireless carrier's intention to cut its debt.
Office-sharing start-up WeWork stated that it is set to open two new locations in Singapore in 2019, even while seeking a $1B lifeline from its backer Softbank Group to continue a major restructuring.
Samsung Display announced plans to invest $11.0B on research and facilities by 2025, South Korean presidential office stated on Thursday.
Vodafone is likely to shut 15% of its 7.7K stores and upgrade some of outlets, as customers tended to buy more online and change their anticipation of in-store shopping.
Hungary's energy firm MOLwas in talks to buy Chevron's stake in Azerbaijan's oilfield for at least $2B, banking and industry sources stated.
The Central Bank of Slovenia announced that it is set impose restrictions over consumer loans to diminish "excessive" credit growth and guard borrowers against becoming overindebted.
Ginkgo Bioworks, the biotechnology start-up, stated that it raised a $350M fund to easily invest in spin-out ventures, which use its bio-engineering technology in different industries.
Germany's carrier Lufthansa wrote to Italy's Industry Ministry and the country's railways Ferrovie dello Stato to inform that it was still interested in airline Alitali.
Fitbit announced its plans to shift the company's manufacturing operations out of China for all of its smart watches and trackers from January, in response to the tariff threat.
AT&T stated that it would sell the company's wireless and wireline operations in US Virgin Islands and Puerto Rico to Liberty Latin America for $1.95B.
Shares in Brazil's meat processor JBS dropped more than 4% in early Wednesday trading after the US senators sought to open an investigation into the firm's US acquisitions.
On Wednesday, Mail.Ru, the Russian internet company, announced it would form a joint venture with the Alibaba Group's mobile payments arm, Alipay, along with RDIF and other Russian partners.