Alibaba Group Holding, the Chinese e-commerce giant, acquired data Artisans, Germany's data analysis start-up, in a deal worth nearly €90M, according to Handelsblatt daily newspaper's report showed on Wednesday.
On Wednesday, Sainsbury announced its sales, excluding fuel, plunged 1.1% in its key Christmas Q3, a lower-than-expected drop in the company's underlying sales.
Vietnamese officials announced on Wednesday that Facebook has violated the country's new cyber security law. The violation is the allowing users to post anti-government comments.
On Wednesday, Chinese officials announced that in 2019 the fiscal target deficit of will be 2.8% of the GDP. In 2019 the deficit target was 2.6%.
During the early hours of Wednesday's trading crude oil prices climbed more than one percent. The surge was an extension of this week's climb caused by OPEC production cuts and an incident in Nigeria.
Survey results published by the Bank of Japan on Wednesday revealed that consumer confidence had decreased to a three month low level in December.
South Korea's job growth was the weakest in nine years in 2018, with the jobless rate rose to the highest level in 17 years, the report revealed.
The US supermarket chain Kroger announced plans to raise $1.2B via debt offering, according to the US regulatory filing.
Apple cut planned production plan for three new iPhone models nearly 10% for the March quarter, a week after it slashed the quarterly sales forecast.
The UK employers hired staff in the month of December at the weakest pace since April 2017, suggesting that the economic growth cooled before Brexit, the report from the REC and KPMG revealed.
South Korean tech giant LG Electronics reported a record operating profit in 2018 amid strong sales of premium TVs and other electronics, the company reports.
Sri Lanka's unemployment rate declined to 4.1% in the third quarter of 2018, Sri Lanka's Census and Statistics Department reports.
Investment in Rwanda reached a record high of more than $2B in 2018, a significant increase from $1.67B in 2017, the Rwanda Development Board reports.
Uganda's public debt of 41.5% of the GDP is sustainable in the medium and long term, Uganda's Finance Minister Matia Kasaija says.
German firms lose €300B in turnover every year to illegal employment, a study published by the German Economic Institute shows.
Taiwan's Consumer Price Index increased by 1.35% in 2018 after a first monthly decline of 0.5% in December since November 2017, the island's statistical agency says.
India is a very reliable partner for Iran despite the US sanctions on the Islamic republic, the Iranian Foreign Minister Mohammad Javad Zarif says.
More than a million tourists have visited Nepal in 2018, an increase of 24.77% from the previous year, the Nepal Tourism Board reports.
Exports from Bangladesh reached $18B in the first half of the current fiscal year, an increase of 15% compared to the same period the previous fiscal year, official data shows.
Pakistan expects more financial technology from China to help develop financial services in Pakistan, the Governor of the State Bank of Pakistan Tariq Bajwa says.
On Tuesday, MetLife appointed Michel Khalaf as the company's new CEO to replace the retired Steven Kandarian, after his eight years serving at this position.
On Tuesday, the Swiss chemicals group's CEO Paul Schuler stated the company would pause on signing large scale merger and acquisition deals after taking over France's Parex for $2.55B.
Qualcomm has launched an expansion of its vehicle computing chips line-up, valuing the chips at different prices, which are similar to ones made for smartphones that are powering the budget-friendly handsets.
China's smartphone shipments likely plunged 15.5% to nearly 390M units for a year, according to CAITC, while Canalys expects a 12% fall, still below 400M units.