Finland's Kone is looking at options to bid for Thyssenkrupp's $15.7B elevators division, despite the German conglomerate's plan to list the unit, sources reported on Thursday.
French group Arkema is set to acquire the US-based firm ArrMaz in the deal valued at $570M on the enterprise-value basis that should bolster the French chemicals company's earnings as well as its presence in the sector of performance additives.
The We Company, the parent of working space provider WeWork, stated that it created a $2.9B worth platform for real estate investments, with financing from Canada's pension funds CDPQ, strengthening ties with the Rhone Group.
Semiconductor revenue is anticipated to fall 7.2% globally in this year after the growth in three years in succession, as the industry faces slowing smartphone sales and weakening demand in China, IDC stated.
France's video game producer Ubisoft net bookings of €676.7M, below company's expectations of approximately €698.0M, while the same period's sales stood at €516.5M.
Cisco reported stronger-than-expected quarterly earnings and gave an upbeat forecast about its sales for the current period, as the blow of US-China trade war was cushioned.
Tesla Inc stated the the company's solar factory in New York would start manufacturing Supercharger cabinets and other energy storage products for its electric vehicles.
Credit Agricole reported a bigger-than-anticipated decline in net profit in the Q1, after a rise of costs eclipsed increased profits at its France's retail bank and investment and corporate banking arm.
Tencent Holdings reported a record quarterly profit, beating market expectations, as the company booked an increase in the value of investments, while cloud and fintech revenues helped to make up for decreases in games.
Ford Motor announced plans to start production of new luxury models of Lincoln in China for the local market, starting with the new model of Corsair later in 2019, to avoid the risk of tariffs and benefit from diminished costs.
Exports of clean Russia's oil via the Druzhba pipeline, which were interrupted due to contamination, are expected to be fully restored later this months or in early June, Russian Energy Minister stated.
China's e-commerce giant Alibaba beat Q4 revenue forecasts with 51% increase to $13.6B in the reported period, owing to growth in the core business and cloud computing services, sending shares up 1.7%.
Ford Motor was recalling nearly 273K Ranger pickup trucks and Ford Fusion cars in North America, which could roll away, if the gear is not in parking mode, the automaker stated.
Nestle SA was in exclusive negotiations with EQT Partners about a sale of the company's skin health unit, sources familiar with the matter stated.
On Wednesday, Telecom Italia's Chief Executive Officer Luigi Gubitosi stated that TIM's talks with Open Fiber, the broadband infrastructure group, over a potential merger of the companies were quite advanced.
B Communications' board has supported Searchlight Capital Partners bid to take control over Bezeq Israel Telecom, the Israeli biggest telecom group, it stated on Wednesday.
Sisense, Israel's business intelligence software vendor, announced on Wednesday it had acquired the US analytics provider aimed at cloud data professionals, Periscope Data, in a deal potentially worth over $100M in shares, according to a market source.
France's construction group Eiffage stated on Tuesday it had entered exclusive negotiations with the Chinese investment vehicle, Casil Europe, to acquire a 49.99% stake in the Toulouse-Blagnac airport.
Saudi Arabia's Sahara Petrochemical and Sipchem are planning to sign new merger and acquisition deals in Asia and the United States after their tie-up is finalised, seeking for the market reach expansion, the companies' top executives stated.
United Arab Emirates' Finablr is set to trim its initial public offering price to 175 pence for a share on Tuesday after the company faced weak demand from investors in jittery markets.
On Wednesday, The We Company has launched a real-estate investment platform worth $2.9B called Ark with intention to develop and acquire the commercial properties across the world.
Singapore's real estate company City Developments announced on Wednesday it was planning to make a $1.0B investment in China, including the acquisition of the Sincere Property Group's indirect stake.
Centrais Eletricas Brasileiras, Brazil's state-owned power holding firm, is planning a sale of 45 stakes in windfarms and other companies in this year's second half, the CEO Wilson Ferreira Jr. stated.
UniCredit is preparing to make a possible bid for the German lender Commerzbank by luring bankers into an investment, including the former key German official, sources reported on Wednesday.