The Reserve Bank of India on Thursday lowered the GDP growth forecast for the current fiscal year to 7.2% from a previous forecast of 7.4%, the central bank reports.
The East African region is expected to expand 5.9% in 2019, a slight increase from 5.7% growth in 2018, the African Development Bank reports.
Macao International Airport serviced more than 2.33M passengers in the first three months of 2019, a 17% increase from the prior year, the airport reports.
The World Bank has approved $100.5M to improve public spaces in four large neighbourhoods of Dhaka, the World Bank Country Director for Bangladesh and Bhutan says.
The Angkor Archaeological Park earned $35.9M in the first three months of 2019, a decline of 9% compared to the same period the prior year, a company statement shows.
Target is set to raise its minimum wage in the United States to $13 per hour starting from June, from the current value of $12, lifting the company's payroll costs and challenging the rival Walmart to lure retail employees in the labour market.
The Massachusetts Institute of Technology, the elite US school, has cut its ties with the Chinese tech companies, such as ZTE Corp and Huawei Technologies on the back of an inquiry into the firms for sanctions violation.
Toshiba stated on Thursday its transfer of the US LNG business to the Chinese firm ENN Ecological Holdings had been delayed due to the lack of approval by the US panel.
On Thursday, the British Competition and Markets Authority stated it had been exploring a takeover of the payments company Earthport Plc planned by Visa to view if it could cause less competition.
Independent News & Media, the Irish largest newspaper group, announced on Thursday it received a takeover proposal, sending its shares 23% up on the news.
On Wednesday, shares of the French construction materials firm St Gobain surged as much as 2.9% on media reports about a potential asset sale to a Chinese group.
Switzerland's bank UBS Group is exploring possible options for the asset management business, including a partial merger or sale of the unit, according to a Bloomberg report.
The Australian government has passed a law that will allow the authorities to fine web hosting and social media companies up to ten percent of their turnover, if the companies do not remove violent content.
On Thursday, stock prices on the European continent paused their rally. The surge stopped, as the Euro, in which the stocks are valued had paused its decline.
On Thursday, First Abu Dhabi Bank and Abu Dhabi Islamic Bank denied they had launched any merger talks, following a media report claiming the emirate sought to combine them.
The US insurer Allstate Corp entered exclusive negotiations over its insurance policies book sale to FGL Holdings, valued at between $2.5B-$3.0B, sources reported on Thursday.
On Thursday, Australia's takeover target GrainCorp stated it was planning to split its business into two brands, listing the company's global malting division and reorganising its grain unit, as its earnings were hit by drought.
France's automaker PSA Group has currently no plans to actively explore and negotiate a new partnership deal with Fiat Chrysler, its CEO Carlos Tavares announced on Wednesday.
On Wednesday, Constellation Brands, the Corona beer maker, announced it would sell around 30 of the group's low-end spirits and wine brands to E.&J. Gallo Winery in a deal worth $1.7B, as the company seeks to focus on more profitable firms.
Swiss medical device makers Medacta Group SA has been valued at $1.92B in its initial public offering held on Thursday, with the company's shares to begin trading on the SIX Swiss Exchange.
On Thursday, China's gaming and social media giant Tencent Holdings stated it had attracted $6.0B on a sale of bonds, the largest in Asia this year, outracing China Evergrande Group's $2.8B deal in January.
UniCredit SpA is planning to make a rival multi-billion takeover bid for Commerzbank, on the back of Deutsche Bank troubles to acquire the German lender, according to the Financial Times report published on Thursday.
Samsung Electronics was expected to post a $6.1B operating profit for the period from January to March, more than 50% less than was recorded in the same period in 2018, as memory chop prices dropped.
Vietnam's economy is expected to grow 6.8% in 2019 and 6.7% in the following year, the Asian Development Bank stated in the report.