Michelin, the French tyre maker, stated it would buy Canada's Camso in a deal worth $1.45B, aiming to unlock around $55M in synergies from the acquisition by 2021.
Italy's Edizione has finalised the takeover of a 29.9% stake in Cellnex from Spain's Abertis, believing that the telecom masts firm has great growth prospects, it stated on Thursday.
On Thursday, the mining firm Rio Tinto has confirmed it would sell its 40% stake worth $3.5B in the world's second-largest copper mine, Grasberg, to the Indonesian state miner PT Inalum.
The Kazakh state oil firm KazMunayGaz's unit KMG International is still planning to acquire another 26.7% of Rompetrol Refinare from Romania's government.
Vietnam's technology company FTP Corp agreed to acquire 90% stake in the US consulting firm Intellinet in a deal valued at $30M, FTP announced on Thursday.
According to a source familiar with the matter, the Japanese Financial Services Agency (FSA) issued improvement order against Concordia's subsidiary over unlawful commissions and other violations.
According to the Yomiuri newspaper, Japan's Vice Finance Minister for International Affairs Masatsugu Asakawa will be reappointed in an annual personnel rotation in the ministry.
On Thursday, Intel announced it would acquire the small chipmaker eASIC to bolster its attempts to diversify away from the CPU chips.
The US group Praxair and Germany's Linde are in negotiations over an asset sale to a consortium of the German gases company Messer Group GmbH and the CVC-advised funds to receive regulatory approval for the planned $83B merger.
The Swiss-Italian financier-led group Haeres Equita has rescued the Italian hat maker Borsalino, famous for the Humphrey Bogart's fedora that appeared in the "Casablanca" film, by buying the designer at an auction for €6.4M.
Exxon Mobil is planning to beef up its Mozambique liquefied natural gas project by 50% to reduce production costs amid partners' intention to book the factory's supply and tap the lenders in September.
Eurogroup Chairman Mario Centeno stated on Thursday that Euro Zone countries are prepared to disburse a final bailout loan to Greece worth 15 billion euro in August.
On Thursday, US President Donald Trump labelled Russian President Vladimir Putin as a competitor rather than an enemy.
China stated on Thursday that Foreign companies operating in China could suffer more in a trade war, advising US companies to lobby Washington to protest their interest.
House Speaker Paul Ryan stated on Thursday that he does not support President's Donald Trump moves to impose new tariffs on major US trading partners.
The European Central Bank is set to keep rates at their record-low level for as long period as needed to boost inflation, according to the Bank's meeting minutes published on Thursday.
Tesla delivered 200K electric vehicles to buyers in the United States, meaning that tax credits are to be lowered. Meanwhile, rivals, including BMW, Audi and Mercedes-Benz, are set to bring EV with full tax credit.
Germany's mobile operators promised to the government that they would boost 4G networks coverage to 99% by the end of the year of 2020, the Minister of Transport Andreas Scheuer stated.
The US consumer prices accelerated growth pace to 2.9% in June, following a 2.8% rise in the prior month, the Labour Department stated.
Shanghai is set to speed up its efforts to cancel the limits of the foreign investment in the car manufacturing sector, following Tesla's deal to build up a wholly owned car factory in the city.
French firm Eutelsat has partnered with its satellite operator competitors SES and Intelsat over an offer to free up the US spectrum of 5G mobile networks.
A digital insurance firm Next Insurance stated on Wednesday it had attracted $83M, taking the total raised during the last two years to $131M.
The Sweden-based mapping start-up Mapillary has hired Apple's computer vision expert Till Quack, the company announced on Wednesday.
Facebook is set face a small penalty imposed by the UK information regulator over the data protection breaches connected to the Cambridge Analytica scandal.