On Thursday, Hyundai Motor announced it would make an investment in the autonomous vehicle software start-up Aurora together with Kia Motors to accelerate the development of self-driving car technologies.
The US private equity group KKR announced a sale of its Korea-based KCFT to the SK Group affiliate SKC in a deal valued at $1.0B.
Huawei Technologies asked Verizon Communications to pay more than $1.0B for over 230 patents provided by the China telecoms equipment maker, according to a source familiar with the situation.
Alibaba Group Holding, the Chinese e-commerce giant, has confidentially for an initial public offering in Hong Kong and will potentially take place in this year's Q3, according to a source with knowledge of the matter.
South Korea's battery producer LG Chem stated on Thursday that it signed an agreement to create a JV with the Chinese Geely Automobile Holdings to make batteries for electric cars.
Hyundai Motor stated on Thursday that it is set to invest in self-driving vehicle software start-up Aurora with Kia Motors to encourage development of autonomous car technologies.
Comcast is set to more than double investment to about $1.27B in Europe's original programming and begin a studio at the European unit Sky after its success with the series "Chernobyl," the company stated.
The US government posted a $208B budget deficit last month, as a modest rise in revenues failed to fuel spending on the military and social welfare programs, according to the report by the Treasury Department.
Uber Technologies is expected to unveil the company's newest Volvo self-driving vehicle in Washington, as it worked to eventually deploy cars without drivers under limited conditions.
Parts of the British financial sector were not ready for Brexit without deal in October, which is likely to split the industry, the executive body of the European Union stated on Wednesday.
Huawei Technologies asked Verizon Communications to pay licensing fee for over 200 of the company's patents, the WSJ reported on Wednesday, citing sources familiar with the matter.
Italy is set to convince the European Union to delay the decision on whether to start a disciplinary procedure on its finances, which were expected to improve after tax data in July, until autumn, sources stated on Wednesday.
On Wednesday, Ford Motor announced its US division would spend $180M to fix the suspension issue in its Explorer vehicles made in the 2011-2017 time period.
On Wednesday, Facebook announced it would expand its Watch video service by more partnership deals with international publishers and broadcasters after the number of its monthly users doubled compared to the December reading.
On Wednesday, Boris Johnson, one of the main candidates to succeed the British Prime Minister Theresa May, has pledged he would lead the country out of the EU bloc on October 31, saying that a "delay means defeat".
On Wednesday, Ford Motor's self-driving car subsidiary Argo AI has triggered a new fleet of autonomous test vehicles in Detroit, which is called Ford Fusion Hybrid, on the back of the company's expansion in the United States.
Facebook is set to create 500 more tech jobs in the London engineering centre by this year's end, including 100 job positions in artificial intelligence, the social media giant announced on Wednesday.
On Wednesday, KKR-controlled funds offered €63 per share to buy out Axel Springer's minority shareholders in the bid agreed by the German publisher's majority shareholders.
Uber Technologies has picked Australia's Melbourne as a test site for its flying taxi service, following launch delays in the previously selected Dubai, the US ride-sharing firm announced on Wednesday.
On Wednesday, Reckitt Benckiser, the UK consumer goods giant, appointed Pepsico's executive Laxman Narasimhan as its new Chief Executive Officer to succeed Rakesh Kapoor.
On Wednesday, oil prices declined by 1%, pressured by weaker crude oil demand. The international benchmark for oil prices, were down 1.4%, while the US West Texas Intermediate was down 1.6%.
Japan's Cabinet Office data released on Wednesday showed that the Japanese machinery orders increased for a third consecutive month in April.
New Zealand's electronic retail spending decreased 0.5% in May, while actual sales grew 3.2% from the same period a year ago, the report showed on Wednesday.
The German car producer Volkswagen stated on Tuesday that it has terminated a deal with the autonomous car software developer Aurora, shortly after the US start-up stated that it would create autonomous car platforms together with Fiat.