Nissan Motor has no plans for a potential merger deal with its key shareholder Renault, the Japanese carmaker stated on Thursday, adding that no board nominee is pressing to make the case an issue at the moment.
Tesla is highly likely to hit its record-high for the Q2 deliveries, topping the 90.7K it sent to its customers in the last year's final quarter, the carmaker's CEO Elon Musk stated on Thursday.
The antitrust chief of the US Department of Justice, Makan Delrahim, is still backing the T-Mobile's $26B takeover deal with its smaller competitor Sprint Corp, according to CNBC.
Saint-Gobain, the French construction materials manufacturer, is planning a sale of the French distributions centres that represent €250M in annual revenue.
BP is getting closer to a stake sale of the Egyptian major gas and oil firm to Dragon Oil in a deal valued at more than $600M, banking and industry sources stated.
LondonMetric Property, the British warehouse owner, announced on Thursday it would acquire A&J Mucklow, the RE investment trust, in a stock-and-cash deal valued at $524M.
The hedge fund ValueAct urged the owner of Madame Tussauds, Merlin Entertainments, to go private, stating that it could raise about 30% more than the company's current market valuation.
The Norwegian firm BW Offshore is planning to float BW Energy later this year to boost the expansion of the gas and oil business in Brazil on the report its Q4 earnings surged 72%.
On Thursday, British outsourcer Serco announced it would acquire a naval system unit owned by the US engineering company Alion in a deal valued at $225M, sending its share up 9% on the news.
The tech company Lenovo Group announced on Thursday a three-fold growth in its quarterly profits. The company announced that it has not been influenced by trade talks and has continued to increase PC sales.
On Thursday, the Purchasing Managers Index for the Manufacturing and Services sectors was released in the EU. The data disappointed, as growth has not increased in the EU. The event caused a decline of the EUR.
On Thursday, the Chinese Lenovo Group reported its Q4 profit surged more than three-fold to $118M due to strong computer sales that helped the PC developer top market expectations.
Mafengwo, the Chinese travel site, stated it had attracted $250M in its latest round of funding conducted by Tencent Holdings amid the company's intention to expand in the fast-growing online travel market.
On Thursday, Japan's Nippon Life Insurance stated it would boost its stake in the Reliance Capital-owned asset manager to 75 percent.
France's renewables company Voltalia is considering to acquire Helexia, seeking expansion in the energy and solar energy efficiency services, it stated on Thursday.
Brazil's state-owned oil group Petrobras approved a stake sale deal in BR Distribuidora, the company's fuel distribution unit, currently holding 71.25% of the firm's shares.
Japan's Daiichi Sankyo entered talks with a few companies over a sale of its OTC drug unit in a potential deal worth around $900M, according to Nikkei Business report seen on Thursday.
New Zealand's Fonterra Co-operative and Swiss food company Nestle are reviewing strategic options for they Brazilian joint venture, Dairy Partners Americas, including a potential sale.
On Thursday, the French reinsurer SCOR stated it would acquire 100% of the asset manager Coriolis Capital, not disclosing the financial terms of the deal and expecting it to be completed in this year's second half.
Honda Motor's US unit stated that it is recalling 118K new US SUVs on reports of three injuries related to sudden deployments of air bag, occurring without a crash.
IKEA, the world's biggest furniture seller, is likely to open the first store in Mexico in 2020 and plans to launch more stores in the country, the company stated, as it is set to expand in Latin America to counter rising competition in the core European and US markets.
Ride-hailing application Uber is set to spend $40M in the next five years to open the third support centre in Latin American city Bogota in September, creating 600 jobs, the company stated.
Brazil's Natura stated that it reached an agreement to acquire rival Avon Products via its share swap, creating the fourth-largest beauty company focusing on direct sales, with investors cheering consolidation putting shares in both firms 9% higher.
Activity in the Japanese manufacturing sector swung back into contraction this month, as export orders declined at their fastest pace in the four-month period, underlining why investors and policy makers remain anxious over the rising economic impact of the Sino-US trade war.