CommScope Holdings, the US telecommunications equipment manufacturer, is in negotiations to acquire the set-top box producer Arris International, seeking to expand its services, sources reported on Wednesday.
On Thursday, Nokia, the telecom network equipment producer, has launched a new programme to cut costs after posting another slide in its quarterly profits.
The German firm Covestro is planning to cut about 900 job positions globally and cut costs by €350M annually from 2021, as part of the company's plan to widen the output capacity.
Microsoft beat Wall Street forecasts for profit and revenue in the Q1, as more companies signed up for Office 365 software and Azure cloud services.
The South Korean economy expended at slower-than-expected pace in the Q3, as a drop in local investments offset the positive contribution from resilient exports and government stimulus.
Ford Motor reported slightly higher-than-anticipated profit in the Q3 and stuck to targets for 2018, raising investor hopes for the solid Q4 and sending shares up 7% after-hours.
British car production fell 16.8% last month, affected by new emissions regulations, trade tensions, model changes and uncertainty over Brexit and diesel policy, an industry body stated.
Mexican yearly inflation in the October's first half rose less than anticipated, official data revealed on Wednesday, though the rate remained above the Central Bank's target.
China's Geely Group and Germany's Daimler announced on Wednesday that they are set to form a premium class ride-hailing cooperative enterprise in China.
Investment activity in Greece is anticipated to accelerate in 2019, helping growth rate to increase to 2.4% from an estimated 2.0% this year, according to a quarterly report by the IOBE.
Snap announced the decision to name Jeremi Gorman, Amazon's head of advertising, as chief business officer, according to an internal memo.
The value of banks in the Euro zone collapsed by a third since markets reached their peak at the January end, data revealed on Wednesday, as another quarter of weak profits at Deutsche Bank dragged the sector down.
United Parcel Service reported a 20% increase in quarterly profit, though shares fell 3.5% after it stated that the US trade conflict with China affected international results.
Mohammed bin Salman, the Crown Prince of Saudis, stated that the kingdom is set to continue with reforms and infrastructure spending, predicting the economy to expand 2.5% this year.
Danish brewer Carlsberg raised its full-year forecast, citing execution of the efficiency programme and after a warm weather in Western Europe supported sales, among other factors.
Boeing shares jumped after it reported better-than-expected quarterly profits and cash flow, supported by growing demand, solid defence sales and services, and raised its 2018 profit and sales estimates.
The Bank of Canada hiked interest rates in line with expectations, adding that more hikes could be required to keep inflation in check, also hailing new trade pact it anticipated to reduce economic uncertainty.
Sales of new single-family homes in the US dropped to a the two-year low in September, while data for the previous three months was revised lower, indicating that higher mortgage rates and prices undercut the housing market.
The approvals of UK mortgages have reached a six-month low level. In addition, home loan refinancing demand has fallen since the Bank of England rate hike in August.
On Wednesday, Donald Trump was about to sign a new law, which is expected to provide better treatment to opioid abusers.
Facebook and Twitter on Wednesday revealed that the companies have not found any evidence of Chinese authorities meddling with the 2018 US elections.
On Wednesday, global stock indices marked a sixth straight day of losses. Financial media mostly blamed fears about economic growth.
On Wednesday, European stocks attempted a rebound. Although, tech and banking stock indexes declined due to bad results from certain companies.
On Thursday, the former PM of Malaysia Najib Razak together with his head of the Treasury will both be charged with various cases of breach of trust.