Bain Capital Ventures, the venture capital arm of the investment firm based in Boston, stated that it raised a new $1B fund to invest in startup companies, adding to a year of fund-raising by tech investors.
Cornershop, a LatAm grocery delivery application acquired by Walmart, is set to expand into Canada in 2019 as a test market for the US, an executive stated.
China's new home prices increased modestly in October, supported by sustained gains in small cities and suggesting that the main driver of economic expansions remained resilient.
The British Prime Minister Theresa May is looking for the Cabinet's approval of the final version of the Brexit deal between the UK and the EU.
China and Singapore on Wednesday agreed to promote ties and further improve relations between China and the Association of Southeast Asian Nations.
The Zimbabwean President Emmerson Mnangagwa approved 11 investment projects worth $5.3B, the Chief Secretary to the President and Cabinet says.
Germany's gross domestic product contracted 0.2%, the first time in around three years, in the third quarter of 2018, the country's Federal Statistical Office reports.
The German payment service provider Wirecard raised its earnings forecast for 2019 after reporting strong growth in the third quarter of 2018.
China's Internet giant Tencent reported a 24% revenue growth in the third quarter of 2018, compared to the same period the previous year.
China plans to deepen friendship relations with Taiwan despite current tensions, the Chairman of the Chinese People's Political Consultative Conference Yu Zhengsheng says.
Bilateral trade between Vietnam and Myanmar reached $538M for the previous nine months, the Global New Light of Myanmar reports.
Volkswagen is set to convert three plants in Germany to build electric vehicles, as Europe's biggest carmaker by sales begins mass producing zero-emission cars in astrategy shift after emissions cheating scandal.
Blue Apron Holdings stated that the company would sacrifice its overall revenue growth and diminish marketing expenses next year, causing a volatile decline in shares.
Tencent beat forecasts for profit in the third quarter, but provided no updates on a regulatory block in China, the world's biggest gaming market, that damaged the company's core business.
The US consumer prices rose by the most in the nine-month period in October due to gains in gasoline and rents' cost, suggesting steady increase in inflation, which would keep the Fed on track to raise rates again next month.
Macy's boosted its annual forecast on earnings right before the holiday shopping season, expecting itself to benefit from the renewed loyalty programme and a robust growth of online business.
Sears Holding is nearing a deal with the financial company Great American Capital Partners to secure $350M in bankruptcy loan that should keep the firm open during the holiday season.
On Wednesday, Japan's Prime Minister Shinzo Abe and the Russian President Vladimir Putin agreed to speed up their talks on terminating the years-old territorial dispute, according to Kremlin's spokesman.
Uber Technologies is viewing an opportunity to launch a new service in Kenya's capital that allows its users to book seats on Nairobi's matatus minibuses, in case of success in product testing in Mexico and Egypt.
Bain Capital Ventures announced it had raised $1.0B fund with intention to invest into start-ups with unproven business models.
The buyout firm Cerberus has entered exclusive talks with Germany's public sector lender NordLB over taking on its $2.8B of the non-performing shipping loans.
On Wednesday, Pan American Silver stated it had agreed to acquire the miner Tahoe Resources in a stock and cash deal valued at $1.07B, which made it the world's biggest silver mining group.
E.ON said it would not have any strategic interest in the Innogy-SSE joint venture's minority stake, after it would be transferred to E.ON amid acquisition of Innogy's customer assets, as the UK retailer planned JV deal with SSE.
On Wednesday, the representatives of the German government announced that it welcomes the recent progress made in agreeing upon an orderly Brexit.