Petrofac Ltd, Britain's oilfield services provider, stated on Friday it would sell its interest in the North Sea's Greater Stella Area to the gas and oil operator Ithaca Energy for about $292M.
Waymo, Alphabet Inc's self-driving car project, has registered a fully-owned enterprise called Huimo Business Consulting in Shanghai with capital of ¥3.5M.
As a result of the Liberal party's victory in Australian parliamentary elections, the current Treasurer Scott Morrison will take position of the country's sixth Prime Minister.
Japan's annual consumer inflation stalled in the month of July and government pressure to cut smartphone fees could undercut price growth ahead, hindering the central bank's efforts to reach the price target.
The Chinese state planner stated that tariffs imposed by the US on Chinese high-tech products are likely to impact high-technology industries in both the US an China.
On Thursday, Danilo Toninelli, Italy's Transport Minister, dismissed the idea of the state lender CDP acquiring a stake in Autostrade per l'Italia, the toll road operator, La Verita newspaper reported.
The American cryptocurrency exchange Bittrex has teamed up with Rialto Trading, the registered broker-dealer, to offer trading venue for the blockchain-based digital assets, both firms stated on Thursday.
Brazil's steelmaker Usiminas is seeking to sell its 70% stake in the Musa mining company by hiring Banco BTG Portugal, in a deal that could be valued at $255.6M.
CK Hutchison is set to gain the European approval for its $2.8B deal to acquire Veon from Italy's joint venture, sources familiar with the takeover deal reported.
On Thursday, the Deputy Prime Minister of Italy Luigi Di Maio claimed that he and his party will vote for EU funding suspension if Italy's European partners could not agree on a new migrant deal.
On Thursday, the Foreign Ministry and the Commerce Ministry of China expressed concern regarding the recent ban of Huawei from 5G mobile network, urging Australian authorities to provide a fair competition for Chinese companies.
On Thursday, Arturo Herrera, the Deputy Finance Minister of Mexico claimed that the new Mexican government will look to corporate banks and fintech companies to increase financial inclusion in Mexico.
On Thursday, the Financial Times reported that the sovereign fund of Saudi Arabia is planning to borrow $12B from international banks after IPO of the oil giant Saudi Aramco was put on hold.
Air France KLM is planning to end flights to Tehran starting September 18 due to a weak demand, the carrier's spokesman stated on Thursday.
On Thursday, the US State Secretary Mike Pompeo stated that the Vice President of Ford carmaker Stephen Biegun had been named as the US Special Representative to North Korea.
Goldman Sachs opened a digital consumer savings bank Marcus in Britain, targeting its own staff, an internal memo seen by Reuters showed on Thursday.
Volkswagen plans a $4.0B investment by 2025 to establish digital products and businesses , including cloud computing software to connect customers and cars to propose services such as car-sharing.
On Thursday, Panasonic stated it had teamed up with Japan Display's affiliate to licence out the low-cost OLED panel-making process, which could become an alternative to the South Korean manufacturers' conventional method.
Siemens, the German engineering giant, is considering to cut 20K job positions as part of the "Vision 2020" strategy, according to Manager Magazine.
The number of applications for US unemployment benefits fell to 210K in the week ending August 18, while analysts anticipated a surge to 215K, the Labor Department reported.
On Thursday, South African competition watchdog granted its approval to Glencore for its $900M bid for Chevron's Botswana and local assets, raising its chances to beat a rival offer from China's Sinopec.
The UK competition watchdog has launched a formal inquiry into the proposed $9.31B worth deal to merge supermarket chains, Sainsbury and Walmart's Asda.
Net EU migration into Britain plunged to 87K citizens, the lowest since 2012, compared to 123K Europeans the previous year, according to the ONS.
The world's largest online retailer Alibaba Group Holding reported on Thursday its Q1 revenue rose 61%, beating analysts' expectations, and helped by the core e-commerce business growth.