Austria announced details of the plan to tax internet majors including Google, Amazon, Alibaba and Facebook 3% of their advertising revenue.
Volkswagen sold 6.24M of VW-branded cars in 2018, despite delivery problems amid new anti-pollution regulations, though warned that the company is likely to keep facing considerable challenges this year.
Norway was considering whether to join other nations in excluding Huawei from building the part of the country's new infrastructure of 5G telecommunications.
Vodafone announced plans to cut up to 1.2K jobs from the company's Spanish business, though it declined to provide further details ahead of negotiations with labour representatives at the end of the month.
Chile evaluated proposals for an up to 19% tax on multinational digital commerce firms with local operations, the country's Finance Minister stated.
HSBC Holdings agreed to pay $30M million to settle lawsuit by investors accusing eleven big banks of rigging the $9 trillion government agency bond market in the period from 2009 to 2015.
On Thursday, American Airlines trimmed its forecast for the Q4 revenue metric, bringing its shares down 7% to $31 in premarket trading.
Starboard Value, the activist fund, is establishing a stake in MGM Resorts, as the US casino and hotel operator comes under the scrutiny from investors over the profit targets.
Sears Holdings' Chairman Eddie Lampert on Thursday submitted a new revised takeover bid worth over $5.0B for the retailer in attempt to save the company from liquidation.
On Thursday, Apple's key supplier Foxconn reported an 8% drop in the company's December revenue, first time in ten months, tumbled due to a lower demand for electronics.
Sweden's Ericsson stated it would book a $687M charge for the Q4, as the company was reconsidering its Digital Services strategy to protect the profitability targets.
On Thursday, Macy's trimmed its comparable sales estimates by 2% for the Christmas period quarter, compared to the previous forecast of 2.3-2.5% and sending the company's shares down 16% in premarket trading.
The EU Commission launched an inquiry into Nike's tax treatment in the Netherlands, as the US sportswear maker might have potentially received an illegal advantage.
On Thursday, the defence contractor Textron Systems it had acquired Howe & Howe Technologies, the military-grade ground vehicle developer, seeking to expand its portfolio of unmanned capabilities.
The Israeli tech company CloudEndure announced it had been acquired by the US tech giant Amazon's cloud computing unit AWS, not providing any financial details of the deal.
Amazon is planning an investment into the French robotics company Balyo within the following seven years, seeking to bolster sales of the firm's technology for automotive forklift trucks.
Chinese officials on Thursday announced that China and the US have progressed in their talks on questions like intellectual property and technology transfer.
On Thursday, Ford Europe announced that the subsidiary will cut thousands of jobs, discontinue loss-making vehicles and leave unprofitable markets. The efforts are aimed at reaching a six percent profit margin.
The French insurer AXA is planning to relocate its staff from the United Kingdom and France to Ireland amid the UK's withdrawal from the European Union.
Britain's Meniga is set to acquire the Sweden-based fintech company Wrapp, as it seek expanding its presence in the Nordic region, the firm announced on Thursday.
On Thursday, over 640 flights in Germany's airports of Stuttgart, Cologne and Dusseldorf were cancelled due to strikes launched by security staff in their push to put pressure on airports' management over wages.
The carmaker Rolls Royce urged the British PM Theresa May to avoid the hard Brexit process, adding it was expanding its warehouse capacity, establishing some stock and training suppliers for any custom change in case the UK leaves the bloc with no deal.
Jaguar Land Rover, Britain's largest carmaker, is planning "substantial" job cuts due to lowering demand in China and a drop in diesel car sales in Europe.
Europe's Airbus has lost to its US rival Boeing in their annual race for a number of the jet orders, after winning five years in a row, plunging to the planemaker's lowest share of $150B aircraft market in the last six years.