Time Warner CEO Jeff Bewkes stated that his company plans to merge with telecom giant AT&T because it is a necessary step to compete with Facebook and Google for online advertising market.
On Thursday, the government officials of Thailand stated that Chinese ecommerce giant Alibaba Group is planning to invest $320M in various industries in Thailand, including agriculture and tourism market.
According to the South Korean leader Moon Jae-in's statement on Thursday, North Korea is seeking a "complete denuclearisation" on the Korean peninsula.
Fort Ross, the venture capital company, has raised about $200M in funding, seeking to bring more Silicon Valley's start-ups to Russia, allowing them to deliver services to the country's largest corporations.
On Thursday, Ethiopia's newly-elected Prime Minister Abiy Ahmed appointed a new Defence Minister as part of the Cabinet reshuffle, as he seeks to introduce reforms that have been demanded by public.
The number of applications for US unemployment benefits fell to 232K in the week ending April 14, following the prior month's 233K reading, while analysts anticipated a drop to 230K.
Takeda Pharmaceuticals made a bid on Thursday for the London-based drugmaker Shire, valuing the company at about $61B, sources familiar with the issue reported.
The Spanish cava sparkling wine maker Codorniu rejected a takeover offer by The Carlyle Group, the company stated on Thursday.
On Thursday, the CEO of France's media group Vivendi Arnaud de Puyfontaine stated the company was reviewing the possibility of the initial public offering of its Universal Music division.
The UK artificial intelligence pharmaceutical firm BenevolentAI raised $115M in funding round worth $2B, the company announced on Thursday.
The European Union has announced that it has granted official asylum in 2017 to more than 500,000 migrants. However, only one third of them are from Syria.
The CEO of Opel on Thursday revealed that the company's German based plan has two times bigger cost base than a French based plant.
On Thursday, the daily processor Murray Goulburn stated its Chief Executive Officer Ari Mervis was set to quit his position after the company's $1B takeover by the Canadian firm Saputo.
Facebook is eager to put about 1.5B users from Asia, Africa, Latin America and Australia out of reach of the new EU General Data Protection Regulation that is set to take effect on May 25.
Uber Technologies picked VMware's Zane Rowe as the main candidate for the Chief Financial Officer, who will be set to lead the preparations for the company's IPO in 2019.
On Wednesday, SunPower stated it was set to acquire the US solar panel producer SolarWorld Americas, seeking to head off the Trump Administration's tariffs on panel imports.
UK's Weir Group is planning to buy the US-based mining tools maker ESCO in a deal worth $1.05B, the mining pumps and valves producer stated on Thursday.
Qualcomm has started cutting job positions, following a promise to investors that the company will cut its annual cost by $1B, it stated on Wednesday.
Procter&Gamble agreed to buy the German Merck KGaA's consumer healthcare business division for around $4.21B in cash; a deal that would help P&G to expand its portfolio of consumer health brands and capabilities.
IFT, Mexico's telecom regulator, stated that it fined America Movil and the company's mobile service part Telcel $5.4M in the antitrust case.
American Express, the credit card issuer, easily topped estimates of the Wall Street for the company's quarterly profit as strong investments in rewards and straightening economy encouraged consumer spending.
Qualcomm begun to cut jobs within the company's promise to investors to diminish annual costs by $1B, the chipmaker stated.
The US President Donald Trump and Japan's Prime Minister Shinzo Abe stated that they agreed to intensify trade negotiations, aiming to expand trade and investment.
Netflix is likely to raise the company's investment in content in Europe, planning to spend nearly $1B on original production in 2018.