On Friday, Hyundai Motor and Kia Motors Corp have agreed on how to settle the lawsuit filed against the carmakers by US owners of certain cars over potential risks of an engine fire. The settlement provides a free inspection, lifetime warranties, and the covered engines repair.
Fidelity Investments trimmed online trading commissions to zero on US stock trades, ETFs and options, joining its competitors in a trade fees cut to rival new players in the market.
Japan's Mitsubishi, the private equity group KKR and Royal Dutch Shell have made their final auction round for the Dutch utility Eneco, potentially valued at $3.4B, with the deadline for final bids ending on November 4, sources reported.
Ferretti, the Italian yacht maker, postponed its initial public offering deadline to October 15, due to the share sale seeing weak demand, expecting October 21 as the first day for share trading.
Top Chinese and US negotiators resumed the high-level talks, after holding their last meeting in late July, to find a possible solution to the ongoing trade dispute that lasts more than a year.
The London Stock Exchange Group is considering an overhaul of the Italian MTS business ahead of a possible merger deal with the data provider Refinitiv, planning the bond trading platform BondVision's shutdown and some of the Italian operations transfer to London.
The US planemaker Boeing Co announced a partnership with Porsche, the luxury sport car brand owned by Volkswagen, amid two companies' intention to develop an electric flying vehicle that would be capable of moving people in urban settings.
Shares in the European biotech firm BioNtech jumped 10% to $16.69 in their market debut held on Thursday, after the German company downsized its IPO and priced the stock below the range expected earlier, valuing BioNtech at $3.78B.
Trojan Holding and Arabtec Holding have selected Dubai-listed Shuaa Capital and Swiss bank UBS as advisers on the UAE construction firms' potential merger deal, according to Reuters.
The office-sharing start-up WeWork is planning to open new co-working sites in the Philippines and Singapore this year, and seeking a $1.0B worth lifeline from its largest-backer Softbank Group for the company's major restructuring.
On Thursday, the British inventor James Dyson, known for his bagless vacuum cleaner, has cancelled the ambitious project to develop an electric car, an investment worth $3.1B, as his Automotive team no longer see a way to make the project commercially viable.
On Thursday, the US planemaker Boeing Co stated it was partnering with Porsche, Volkswagen's luxury sport car brand, as two companies seek to develop an electric flying vehicle that would be capable of moving people in urban settings.
London Ritz Hotel's owners hinted they were planning a sale of the luxury establishment, a haven for statesmen, royals, and movie stars, in a potential deal worth $1.0B, sources with knowledge of the matter stated on Thursday.
The US production business of ProSiebenSat.1 Media is luring interest from potential buyers, as the German broadcaster seeks to launch a sale by this year-end, according to Reuters.
On Thursday, shares in LVMH surged 3.9% after the luxury goods giant's sales update, which eased fears of potential fallout on the high-end brands from Hong Kong protests.
The US consumer prices stayed unchanged in September, underlying inflation retreated, and supporting expectations that the FED will trim interest rates this month, the third time during this year due to economy risks posed by trade tensions.
Britain has rejected lawmaker calls to expand watchdog powers to provide consumers with more protection from investment products that are not regulated, following a collapse of London Capital in January.
Royal Air Maroc, Morocco's national carrier, has suspended its deal to acquire two more Boeing 737 MAX jets, following the fatal Ethiopia crash of the same model, sources reported on Thursday.
An Indian franchise of WeWork saw talks with the local-based ICICI Bank to raise $100M in a funding break down, following a bad sentiment from the botched IPO by The We Company, seeking now to attract $200M from other investors.
During Thursday's early trading hours, European stock indices declined, as healthcare companies reported that sales would decline next year.
On Thursday, North Korea stated it might reverse its steps to build trust with the United States, as the Asin country's patience had limits, on the back of the US Security Council's call to cease weapon programmes.
General Motors Co's Q3 China vehicle sales plunged 17.5% year-on-year to 689,531, as the US carmaker was hit by a slowing economy due to the China-US trade war, as well as by severed competition in its main mid-priced SUV segment.
China Everbright Group, the state-owned financial conglomerate, is planning its sprawling business restructuring and a billion-dollar Hong Kong initial public offering next year, Reuters said on Thursday.
AT&T is planning wireline and wireless assets sale in US Virgin Islands and Puerto Rico to Liberty Latin America in a deal valued at $1.95B, amid the second-biggest US wireless carrier's intention to cut its debt.