On Thursday, Steinhoff International stated its US arm Mattress Firm had exited from bankruptcy with the access to $525M in exit financing, during two months after filing for the Chapter 11 protection.
The largest gaming console and video game retailer in the world, GameStop, announced it would sell its business unit Spring Mobile to Prime Communications in a deal worth $700M.
Tesla was cutting the price of Model S and Model X cars in China by approximately 12%-26%, due to escalating trade war between the US and China.
Canada is likely to allow companies to write off extra capital investments to increase competitiveness, while the US cuts taxes aggressively, Finance Minister Bill Morneau stated.
Alphabet's Google stated that it is likely to roll out new policy in Europe to increase transparency over political advertisements, ahead of EU elections in 2019 spring.
The Japanese core consumer inflation was unchanged last month from September, as weak household spending kept businesses from rising prices, a sign of no momentum needed to achieve 2% target.
The US prosecutors investigated Hyundai Motor and affiliate Kia Motors over whether car recalls were made properly, a source stated, causing a slide in companies shares.
Singapore's economy grew at a much weaker pace than expected in the Q3, with the government pointing to further moderation and warning that the US-Sino trade war is likely to hurt growth next year.
The Russian President Vladimir Putin will meet the Saudi Crown Prince Mohammed bin Salman Al Saud at the G20 summit in Argentina, the Kremlin says.
The African Development Bank approved two loans worth $268M for the construction works of the Thwake dam on the Thwake River in the southern region of Kenya.
The Organization for Economic Cooperation and Development projects lower global economic growth in 2019 due to political uncertainty in many countries and increased risks of trade conflicts.
US mortgage applications declined 0.1% last week compared to a week earlier, a survey released by the Mortgage Bankers Association shows.
The Swedish home furnishings giant IKEA wants to cut 7,500 administrative jobs over the next few years, the Swedish Television SVT reports.
South Africa's inflation increased to 5.1% in October from 4.9% the previous month, the Statistics South Africa reports.
Finance Ministers of the Euro zone supported European Commission moves towards increasing discipline in Italy over the country's draft budget for 2019, the President of their group, Mario Centeno, stated on Wednesday.
The US home sales grew slightly in the month of October, though ongoing weakness in the property market led a national realtors association to ask the Fed to suspend interest rates hikes.
On Wednesday, both defenders and opponents of tariffs on steel and aluminum imposed by the US President Donald Trump gathered in the World Trade Organization (WTO) to start litigation on legitimacy of these actions.
French authorities stated on Wednesday that Nissan must provide some evidence of Renault CEO Carlos Ghosn's alleged financial misconduct.
According to sources familiar with the matter, Canadian aircraft manufacturer Bombardier has decided to fire nearly 500 workers in Belfast as a part of a general plan to decrease workforce.
According to report published by Bloomberg, Taiwan's Foxconn intends to lower expenses next year by $2.88B amid an uneasy and highly competitive year.
It was revealed on Wednesday that Wells Fargo is fighting to cut off some customers of the plan to compensate nearly 600,000 car insurance purchasers, which were falsely pushed into buying the insurance.
On Wednesday, it was announced that the Nissan-Renault alliance is under threat due to the arrest of the common chairman of the companies Carlos Ghosn.
The German Chancellor Angela Merkel said on Wednesday that her government would back agreement negotiated with Theresa May and expressed hope that clash with Spain over Gibraltar could be resolved by Sunday.
The CEO of German Freenet Christoph Vilanek stated on Wednesday that the company maintained intention to make investment into biggest consumer electronics retailer in Europe Ceconomy.