Alibaba Group Holding is planning to trigger a share offering in Hong Kong to attract up to $15.0B in November-end, seeking to bolster its Asian financial hub due to current struggles with the anti-government protests.
EasyJet, the British budget airline, has acquired the failed travel firm Thomas Cook's airport slots at Bristol and London Gatwick in a deal worth £36M, it stated on Friday.
Daimler is eager to cut about 10% or 1,100 managing positions worldwide, potentially due to a strategy update that would be given by the carmaker's new CEO on November 18, according to Sueddeutsche Zeitung.
Natixis topped its quarterly earnings forecasts, keeping its dividend policy, the French investment bank reported, adding it has also cut the budget for possible acquisition deals as it aims at reinforcing existing businesses.
On Friday, the Member of the ECB Governing Council Bostjan Vasle stated that the ECB is determined to continue its current monetary policy. Namely, it will continue to create money, which is set to increase asset prices.
Spain's Banco Santander and Italy's Telecom Italia have agreed to build a joint venture aimed at providing consumer-credit services for Italian clients, both companies confirmed.
The CEO of the PSA Group Carlos Tavares stated on Friday that the cost savings value in the planned Peugeot-Fiat Chrysler merger deal was nominal, adding that the new management would try to bolster that over time.
Dropbox reported it had added 14M individual and business subscribers to its platform in the Q3, higher than expected by analysts, boosting its revenue and profit estimates.
GoPro Inc reported its Q3 revenue exceeded analysts' expectations, driven by a robust demand for its Hero camera, sending the company's shares up 11%.
Gap Inc is planning to trim its annual earnings forecast due to operational challenges and slower traffic, sending the company's shares down 7% on the news.
Walt Disney's shares rose over 3% to $137.54 on a report that the company earned $1.07 for a share in the quarter ending September, beating Wall Street's expectations for 95 cents per share.
Gap Inc's CEO Art Peck is set to resign from his position, the company announced late on Thursday, as the apparel retailer is planning to spin off the Old Navy brand into a publicly listed firm.
Walt Disney reported its quarterly earnings beat Wall Street's estimates, boosted by "The Lion King" film's remake and theme parks unit due to increased costs ahead of its streaming entertainment bet's launch.
PG&E Corp raised costs estimates more than 50% to $6.2B in 2019 related to wildfires in California and the company's bankruptcy, sending shares down around 6%.
Lufthansa announced plans for more cuts of costs and delivered stronger-than-expected results, sending shares up, even while cabin crew strike presented a challenge to its efforts to revive profits.
BYD and Toyota Motor announced plans to set up a JV to design and develop electric vehicles, as they accelerate efforts to produce zero emissions cars.
The FAO Food Price Index averaged 172.7 in October, up 1.7% from the prior month, the first increase since June, supported by surge in quotations for cereals and sugar.
Siemens was cautious over the global economy over the next year after surging sales of industrial software helped the company to beat forecasts in the Q4.
Toyota Motor planned a $1.8B share buyback after beating forecasts over higher global car sales, as operating profit grew 14% to $6.1B in the Q2.
On Thursday, Ralph Lauren Corp topped quarterly profit expectations, boosted by tighter expenses control and robust demand for the tweed jackets and Polo shirts in Europe and China, sending the brand's shares up 9%.
China has agreed with the United States to eliminate tariffs, introduced during their trade war, in phases with no specifying a timetable, China's commerce ministry announced on Thursday.
Yandex launched testing of its autonomous delivery robots, named as the Yandex.Rover, that is able to carry small packages and navigate pavements at walking pace, the Russian internet giant stated on Thursday.
On Thursday, the stock price of Uber was expected to decline, as it was revealed that the company would have to make a costly licensing deal with Waymo.
On Thursday, China's cabinet has revealed guidelines aimed at luring more foreign investors and encourage its hi-tech industries investment, seeking to continue opening-up in such areas as financial and auto sectors.