Lufthansa announced on Thursday the company's quarterly results. The airline has experienced an eleven percent decline in operating profits during the fourth quarter of last year.
On Thursday, the Finance Minister of the United Kingdom announced that the EU might demand a long delay in Brexit, if the UK asks for an extension. An extension of that kind could reverse the Brexit process.
The securities regulator of Hong Kong has imposed a ban on UBS on Thursday on sponsoring IPOs in the country for at least one year, as the group failed as a sponsor for three listings.
On Thursday, Russia's sovereign wealth fund RDIF said it had cooperated with Middle East's sovereign wealth fund and the Russia-China Investment fund to buy a 9.53% in the Russian mining firm Intergeo.
The biggest payments processor in Africa and the Middle East, Network International, is getting ready for its initial public offering on the LSE, seeking for a $3.0B value, it announced on Thursday.
On Thursday, French automaker PSA Group's Opel stated it would renew its production at the Russian factory in Kaluga in the Q4, following its withdrawal from Russia's market in 2015.
On Thursday, Villa World, the Australian property developer, stated it received a A$279.1M conditional takeover proposal from the US group AVID Property Australia, which offered a A$2.23 per company's share.
The Brazilian state-controlled oil group Petroleo Brasileiro revive the process that allow new takeover bids for the pipeline network TAG, according to sources with a knowledge of the situation.
Russia;s billionaire Roman Abramovich cut a stake in the mining titan Norilsk Nickel by selling his shares worth $551M during an ABB deal, VTB Capital reported.
Intesa Sanpaolo's CREO Carlo Messina stated on Wednesday that the Italian largest retail bank would not seek for any merger and acquisition deals in the country or abroad.
Purdue Pharma's CEO Craig Landau stated the group was exploring bankruptcy filing due to facing a couple of lawsuits alleging the OxyContin maker had contributed to the US opioid epidemic sweeping.
Toyota Motor and SoftBank Group are in talks to make a $1.0B investment into Uber Technologies' self-driving car unit that could value the firm at $5.0B to $10.0B, according to sources.
Growth in the Chinese industrial output fell to a 17-year low in the first two-month period of the year, suggesting further weakness in the world's second-biggest economy.
Brookfield Asset Management stated that it will buy biggest part of Oaktree in a $4.8B deal, creating an asset manager, which would challenge the likes of industry major Blackstone Group.
Excluding China's Huawei from participation in the Germany's 5G next-generation mobile network's construction is likely to hurt Europe's largest economy, Interior Minister Horst Seehofer stated.
The Monetary Authority of Singapore announced in the report that forecasters downgraded growth forecast of Singapore for 2019 from previously predicted 2.6% to 2.5%.
Austrian wine exports rose 6.9% in the year of 2018 to reach the record of $192.2M in value, the Austrian Wine Marketing Board reported on Wednesday.
German energy firm E.ON achieved the company's profit targets for the 2018 fiscal year and should be on the path for the planned acquisition of Innogy, the green energy company.
EU broadcaster RTL is set to invest $396M in the paid streaming services in the next three years, as the company met the challenge of global streaming majors like Netflix.
Smartphone shipments to China fell to their lowest in the six-year period last month, market data revealed, as consumers kept putting off handset purchases due to a slowing economy.
The US construction spending increased markedly in January, with investments in public projects growing to the strongest level in eight years, which could boost economic expansion estimates for the Q1.
The EZ industrial output was stronger than anticipated in January, data revealed on Wednesday, mainly owing to a solid contribution from energy and in spite of a drop in Germany's production.
Volkswagen announced on Wednesday it is set to postpone preparations for its planned initial public offering of the Traton trucks unit until the market conditions improve, as it is difficult to determine the IPO price.
On Wednesday, Ford Motor confirmed it would trim its salaried jobs in the United States, not specifying the exact number, on the back of the company's global reorganisation launched last year.