Dalian Wanda Group conglomerate's unit Wanda Sports Group has reduced the size of the US IPO to about $380M from its initial size of around $500M, lowering the price range to $9-$11 per ADS in comparison with the $12-$15 range that was stated previously.
On Thursday, the world's largest conventional gas producer Gazprom stated it received bids worth $3.15B to sell 3% of the company's own shares, which it was selling in the market.
The world's biggest sportswear maker Nike is considering options for its Hurley International surfwear brand, including its potential divestment, as such brands are losing their appeal within non-surfing consumers.
China's largest car industry association reduced this year's sales estimates to a 5% drop YOY to 26.68M cars amid slowing economic growth, expecting sales to drop for another year running, CAAM stated on Thursday.
Nissan Motor has revealed its biggest plan on restructuring in a decade, cutting 12.5K job positions globally and flagging potential plant shutdowns to control its costs that increased during Carlos Ghosn being a CEO.
On Thursday, the US President Donald Trump called on the Republicans in the House of Representatives to vote for the US government spending plan, which consisted of a two-year deal aimed to expand the borrowing authority of the nation and fund the country's federal government.
The Federal Reserve has cut tits rate this month for the first time in a decade, while analysts forecast another later during the year due to growing economic risks from the US-Sino trade war.
On Wednesday, the US electric carmaker Tesla missed its Q2 financial targets, pushing back the company's profit timeline for the second time, while announcing its founding engineer and Chief Technology Officer J.B. Straubel was set to step down from the role.
Advent International, the US private equity group, agreed to acquire the British defence and aerospace company Cobham, known for its air-to-air refuelling technology, in a deal valued at $5.0B.
On Thursday, the European Central Bank announced that it has no objections to Christine Lagarde being appointed as the President of the ECB.
On Thursday, Clariant, the Swiss chemicals maker, stated has postponed the planned joint venture with SABIC, following the abrupt resignation of its Chief Executive Ernesto Occhiello.
On Thursday, Toyota Motor Corp stated it would make a $600M investment in Didi Chuxing, the Chinese ride-hailing giant, and a newly-formed joint venture amid companies' intention to develop electric and connected vehicle technologies in the Asian country.
AstraZeneca has raised its sales estimates for 2019 by a low double-digit percentag, boosted by cancer medicine sales, including Tagrisso treatment's almost doubling results, according to Reuters.
The cable company Charter Communications has submitted a proposal to the Department of Justice to acquire telecom assets that are sold under Sprint Corp and T-Mobile Corp combination, Reuters reported citing sources familiar with the situation.
Major Britain's employers ensured average pay increases of 2.5% to their staff in the three-month period to June, unchanged from the March quarter of 2019, data from XpertHR revealed on Thursday.
South Korea's economy turn back back to growth, as GDP rose a seasonally-adjusted 1.1% in the second quarter, though the expansion was mainly driven by government spending, indicating that the Central Bank may need to decrease rates again to stoke demand.
The Canadian government announced that it is investing $64.7M in an Ottawa-based satellite firm within an effort to provide improved broadband internet access to remote and rural communities.
Inflation in Malaysia increased 1.5% in June, compared to the same period the previous year, the Malaysian Statistics Department reports.
The Shanghai Commerce Commission in cooperation with the Shanghai Development and Reform Commission estimate that the city's digital trade will reach $40B by 2021.
One of the largest lenders in China, China Merchants Bank, earned $7.35B in the first half of the current year, a 13% increase from the same period in 2018, the Shanghai Stock Exchange report shows.
More than 3.6M people had visited the Austrian capital Vienna in the first six months of 2019, a 7.6% increase compared to the same period the prior year, the Vienna Tourist Board reports.
On Wednesday, Cruise, General Motors' self-driving unit, it would delay its car commercial deployment past the company's target of 2019, due to more vehicle testing required.
On Wednesday, Facebook confirmed it would $5.0B to settle the FTC probe into its privacy practices, adding it was halting friend data access by Sony and Microsoft, as the first step of the agreed resolution.
The US health insurer Anthem reported on Wednesday its Q2 profit surged 8% to $1.14B, or $4.36 per share, boosted by its government-backed health plans' higher sales.