Oman Oil Co is planning a 20%-25% share sale in an IPO by the 2020-end, a move that will make it the second national oil firm in the Gulf, the state-owned company's Minister Mohammed al-Rumhi announced.
Italian business of ING Groep NV, the Dutch bank, has reached a deal with Italy's prosecutors to settle the money-laundering probe by paying $33.0M, Reuters reported on Thursday.
Tiffany & Co disappointed Wall Street by missing its quarterly sales estimates on Thursday, as weak demand from Hong Kong business disruptions and foreign tourists hit the luxury jeweller's results.
Petrobras' CFO Andrea Marques de Almeida stated on Thursday that the Brazilian state-owned oil group's plan on divesting between $20.0B-$30.0B within the following five years was not ambitious enough, having a necessity to divest from extra assets.
On Thursday, OPEC and its allies announced that it would agree upon increasing oil production cuts. The alliance intends to increase crude oil prices.
Kering, the owner of Gucci and Balenciaga, conducted exploratory talks over a deal to acquire the Italian apparel company Moncler that has a market valuation of $10.80B, according to a Bloomberg report.
The world's largest furniture group IKEA acquired a minority stake in the US logistics startup Optoro, seeking to improve the Scandinavian company's returns management.
On Thursday, the South Korean group LG Chem and General Motors will announce their 50/50 joint venture to produce electric vehicle batteries with the facility expected to be located in Ohio.
According to data released on Thursday, the Australian retail sales stagnated in October, as resource exports declined at the start of the Q4.
Gong Yu, the founder and CEO of the Chinese video-streaming platform iQiyi, said that the company is laying the groundwork for price hikes of 10% to 20% in the Q2 of 2020 in China.
Robert Lighthizer, the US Trade Representative, said on Wednesday that the US President Donald Trump would sign the US-Japan trade deal proclamation next week.
Ignazio Visco, the Governor of Italy's Central Bank, said on Wednesday that the European Stability Mechanism reform was a step in the right direction.
Japan's Astellas Pharma will acquire the US drugmaker Audentes Therapeutics in a deal worth $3.0B, seeking to boost its growth in the genetic medicines area.
OPEC is set to deepen oil trims, together with its allies, seeking to run the deal no later than June 2020 to deliver a positive result to the market ahead of the planned Saudi Aramco's IPO.
The e-commerce giant Alibaba-backed Chinese start-up AutoX applied on Thursday for self-driving vehicle test without a back-up driver in California, challenging the market leader Alphabet's autonomous driving firm Waymo.
Facebook's Instagram is set to require new users' birth dates starting this Wednesday; a move that will expand the audience for the age-restricted products and offer new measures of youth safety.
Expedia Group's Chief Financial and Chief Executive Officers announced their resignations on Wednesday due to disagreements with the company's board on its business outlook.
The home rental company Airbnb is planning to process its EU hosts-guests payments through Luxembourg, starting 2020, as it prepares for Britain's withdrawal from the bloc, according to Reuters.
At the start of Wednesday's US trading session, stock indices surged. The surge was as recovery after the previous three consecutive sessions of losses.
On Wednesday, the New York Federal Reserve accepted $70.1 billion worth of overnight bids from repurchase agreement dealers.
Google has halted political advertisements' acceptance in Singapore months ahead of the widely expected election, due to a foreign interference threat in the country's domestic affairs.
During Wednesday's European trading session, stock indices surged and recovered some of the losses made in the previous trading sessions.
Amazon.com revealed that it designed more powerful and seven times faster data centre processor chip, compared to the previous model, seeking to challenge the market leaders, such as Advanced Micro Devices and Intel Corp.
On Wednesday, Renault, Nissan Motor and Mitsubishi Motors appointed Hadi Zablit as the alliance's new general secretary to boost business efficiencies across the carmakers.