Rocket Internet, the German start-up investor, is preparing the African online shopping service Jumia for a potential IPO in New York in the next year's first quarter that could value the company at $1.0B.
Under Armour, the US sportswear maker, is set to cut 400 more jobs, which is 3% of the company's global workforce, in a turnaround push to reduce costs.
Lloyds Banking Group is planning to locate its third EU subsidiary in Luxembourg, as it aims to serve its customers the longstanding life insurance after the Brexit process will be completed.
The bike and scooter-rental firm Lime to launch its expansion to dozens more European and North American cities this year, planning to start operating in Florida and Austria's Vienna as soon as the next week.
Goldman Sachs has launched talks with a few financial firms to spin off its fintech app Simon that is selling financial products to the retail investors.
The authorities of the European Union have announced that the tax optimization deal made between McDonalds and Luxembourg is not illegal.
The Prime Minister of Japan Shinzo Abe on Thursday won the leadership vote of his party. This event sets him on track to become the most long-lasting PM of the country.
On Thursday, two Samsung Group units stated they would sell their entire stakes in the conglomerate worth $867M, as the tech giant was urged to unwind the company's cross-shareholdings.
France's Total announced it had completed its takeover deals of the e-vehicle charging solutions firm and Direct Energy, the alternative power supplier, as part of the company's expansion in the local electricity market.
Dominion Energy announced it would acquire the rest of stake in Dominion Energy Midstream Partners in the all-stock deal that would value the company at around $2.2B.
Coca-Cola is getting closer its plans to acquire Nigeria's Chi Ltd, the country's leading juice company, seeking to complete the takeover deal in the beginning of the next year.
On Wednesday, Lilly's Elanco animal health unit's initial public offering was priced over the anticipated range at $24 a share, bringing the company's total value to $8.55B.
Rio Tinto, the global miner, has announced on Thursday a $3.2B share buyback programme, after the recent sale of its Australia's assets.
On Thursday, Britain's luxury carmaker Aston Martin stated it expected the valuation of about £5.07B in its October initial public offering, after setting its price range of £17.50-£22.50 per share.
Meituan Dianping jumped on debut in Hong Kong, valuing China's online food delivery-to-ticketing services company at about $55B, with a positive sign to firms lining up to list in the financial hub.
The UK regulator on Thursday fined Britain's arm of credit reference firm Equifax £500K pounds for failing to protect personal data of up to 15M people in Britain during a cyber attack in 2017.
Delta Airlines, the second-biggest US airline, joined other major companies, including JetBlue and United, in rising the US flight baggage fees to $30.
Amazon.com was considering the company's plan to open 3K of Amazon Go cashierless stores in the following years, Bloomberg reported, citing sources familiar with the matter.
Angela Merkel, the German Chancellor, called for respect and friendliness in the negotiations between the UK and the EU, seeking closer ties after Brexit.
Justin Trudeau, the Canadian Prime Minister, stated that he wanted to see some flexibility from the US, if the two sides are set to reach an agreement on renewing NAFTA.
The vice chairman of the Standing Committee of the National People's Congress of China, Ji Bingxuan, meets with Kaieda Banri, a member of Japan's House of Representatives in Beijing to discuss political relations between two countries.
The German economic momentum is likely to weaken significantly in 2018 as a consequence of a global trade war initiated by the US, a study by the German Economic Institute shows.
Cyprus and Egypt signed an agreement to construct an underwater pipeline to deliver natural gas to Egypt, a statement released by the Noble Energy consortium shows.
Yemen's central bank increased interest rates on deposits to 27% to combat riyal depreciation, the state-run Saba news agency reports.