Elliott Management, the US activist hedge fund, has demanded a fresh revamp at Hyundai Motor Group, after it had forced the South Korean company to abandon its reform plan three months ago.
The Foreign Minister of Austria Karin Kneissl called the European Union on Thursday to start dialogue with the United States and Russia on resolution of the Syrian conflict.
The US Defense Secretary Jim Mattis landed in Kabul on Friday to meet with the new head of NATO troops in Afghanistan General Scott Miller and discuss progress on negotiations with the Taliban.
The Economy Minister of Mexico Ildefonso Guajardo stated on Thursday he wanted to put an end to dispute on tariffs on aluminium and steel with the US before signing a revised NAFTA agreement.
One of the largest Indian software services companies Infosys announced on Friday it created a joint venture Singaporean Temasek in an attempt to expand its activity in Southeast Asia.
Japan's government offices announced their budget requests, which hit a record $930B in total for the 2019 fiscal year beginning in April, a government official stated.
The Bank of Canada's senior official indicated that the Bank may be forced to hike interest rates, if the NAFTA trade pact renegotiation fails, saying protectionist measures are likelto spur inflation.
The Japanese household spending bounced back moderately in July with higher bonus payments pushing up real wages, while a tight job market was encouraging consumers to spend.
Broadcom forecast revenue for the current quarter mostly above estimates due to higher demand for data centres components, while new iPhone launch was expected to bolster wireless business.
The Chinese Vice President Wang Qishan met with Iceland's Foreign Minister Gudlaugur Thor Thordarson in Beijing to discuss ties and cooperation between the countries.
China's fixed-asset investment expands at an average annual growth rate of 20.2%, the National Bureau of Statistics reports.
The Iranian President Hassan Rouhani does not plan to meet the US President Donald Trump at the upcoming United Nations General Assembly, sources say.
The business outlook on the Philippine economy for the third quarter of 2018 became less optimistic, the Philippine central bank reports.
Russia is not involved in the poisoning of the former Russian spy Sergei Skripal and his daughter, the Kremlin says, rejecting Britain's latest accusations.
Iran's oil exports to the European Union have decreased by half in the past 18 months, the Financial Tribune daily reports.
The Tanzanian President John Magufuli appointed a new Director General of the east African nation's Prevention and Combating of Corruption Bureau.
A 7.8 magnitude earthquake rocked the Fiji Islands on Thursday, according to the China Earthquake Networks Center.
On Wednesday, the pipeline firm EagleClaw Midstream Ventures announced it would acquire its competitor Caprock Midstream Holdings in a deal valued at $950M.
Nestle's unit Nespresso is planning to acquire almost all of the coffee crop from Zimbabwe's small farmers to help boost the struggling local industry, the Swiss group stated on Thursday.
Pebblebrook Hotel Trust stated it would acquire LaSalle Hotel Properties in a cash-and-stock deal valued at $5.2B, just a day after dropping a $4.8B all-cash bid from Blackstone Group.
The European Union has cleared Apple's planned purchase of Shazam, Britain's music discovery app, as the antitrust inquiry showed it would not affect the bloc's competition.
The Royal bank of Canada stated it was interested in making more acquisitions in America, after it had bought the LA-based City National, despite current valuations are making deals challenging.
The world's biggest lithium producer Albemarle is considering buying its rival FMC's lithium unit in case its IPO stumbles this fall, top executive reported on Wednesday.
Brazil's unit of AES is thinking over a bidding for Renova Energia's wind farm, AES CEO stated on Wednesday.