General Motors Co's Q3 China vehicle sales plunged 17.5% year-on-year to 689,531, as the US carmaker was hit by a slowing economy due to the China-US trade war, as well as by severed competition in its main mid-priced SUV segment.
China Everbright Group, the state-owned financial conglomerate, is planning its sprawling business restructuring and a billion-dollar Hong Kong initial public offering next year, Reuters said on Thursday.
AT&T is planning wireline and wireless assets sale in US Virgin Islands and Puerto Rico to Liberty Latin America in a deal valued at $1.95B, amid the second-biggest US wireless carrier's intention to cut its debt.
Office-sharing start-up WeWork stated that it is set to open two new locations in Singapore in 2019, even while seeking a $1B lifeline from its backer Softbank Group to continue a major restructuring.
Samsung Display announced plans to invest $11.0B on research and facilities by 2025, South Korean presidential office stated on Thursday.
Vodafone is likely to shut 15% of its 7.7K stores and upgrade some of outlets, as customers tended to buy more online and change their anticipation of in-store shopping.
Hungary's energy firm MOLwas in talks to buy Chevron's stake in Azerbaijan's oilfield for at least $2B, banking and industry sources stated.
The Central Bank of Slovenia announced that it is set impose restrictions over consumer loans to diminish "excessive" credit growth and guard borrowers against becoming overindebted.
Ginkgo Bioworks, the biotechnology start-up, stated that it raised a $350M fund to easily invest in spin-out ventures, which use its bio-engineering technology in different industries.
Germany's carrier Lufthansa wrote to Italy's Industry Ministry and the country's railways Ferrovie dello Stato to inform that it was still interested in airline Alitali.
Fitbit announced its plans to shift the company's manufacturing operations out of China for all of its smart watches and trackers from January, in response to the tariff threat.
AT&T stated that it would sell the company's wireless and wireline operations in US Virgin Islands and Puerto Rico to Liberty Latin America for $1.95B.
Shares in Brazil's meat processor JBS dropped more than 4% in early Wednesday trading after the US senators sought to open an investigation into the firm's US acquisitions.
On Wednesday, Mail.Ru, the Russian internet company, announced it would form a joint venture with the Alibaba Group's mobile payments arm, Alipay, along with RDIF and other Russian partners.
On Wednesday, Alibaba, the Chinese e-commerce giant, announced it would stop its e-cigarette components sales in the United States due to regulatory scrutiny and lung disease and deaths reports related to vaping.
Hong Kong's bourse scrapped its unsolicited $39B approach for the London Stock Exchange Group, as it failed to convince the LSE investors and management to support a deal that could have potentially transformed both international financial services titans.
Kirkbi, the Danish family investor, and the buyout group Blackstone are planning to sell Armacell, the German insulation foam producer, in a possible $1.43-$1.65B deal, with Rothschild being selected to handle the sale.
Telecom Italia, the Italian phone group, is exploring a potential spin-off and initial public offering of its data centre business that could possibly take place next year, Bloomberg announced late on Tuesday.
The SoftBank-backed semiconductor technology company Arm Holdings is still aiming for a 2023 return to public markets, the firm's CEO Simon Segars announced late on Tuesday.
The Finnish utility Fortum aims to gain control over Germany's Uniper by purchasing the activist funds Elliott's stakes in a potential deal worth $2.5B.
AirAsia Bhd's Philippines unit has delayed its planned initial public offering to 2020 or 2021, the company's chairman announced on Wednesday, as it shifts focus to a corporate reorganisation.
On Tuesday, President Donald Trump continued to defend the US diplomatic and economic ties with Turkey amid a bipartisan criticism over his decision to pull the US troops out of northern Syria.
On Wednesday, crude oil prices edged lower for the third consecutive trading session, as hopes for progress in the US-China trade talks dimmed. Brent crude futures fell by 0.5% by 01:48 GMT.
Shares of Airbus rose by 2.6% on Tuesday, as traders and investors bet the European planemaker would repeat a previous pattern of successfully ramping up deliveries in the final quarter of 2019.