On Thursday, China's Huawei Technologies stated it would raise its annual budget on the research and development to $15B-$20B amid its intention to become the world's leader in 5G network technology.
On Thursday, Google has launched free Wi-Fi hotspot network in Nigeria, as it seeks to boost the company's presence in the most populous nation in Africa.
The takeover of Nigeria's 9mobile by the investment company Teleology Holdings is set to take more time to finalise than expected, the Nigerian fourth-biggest telecoms firm stated on Thursday.
Nokia's Chief Executive stated on Thursday the network equipment maker's Q2 sales of the IP routers were hit by the component supply shortages, falling as much as 9% to €592M.
The Swiss chemicals firm Sika is ready to accelerate the activity of mergers and acquisitions, after a settlement of its bitter takeover fight with Sain-Goban, the CEO Paul Schuler stated on Thursday.
On Thursday, United Natural Foods Inc said it would acquire Supervalu, the US supermarket operator, in a deal worth around $2.9B, including debt.
NXP Semiconductros announced on Thursday it was eager to repurchase $5.0B worth of shares, after its takeover deal with Qualcomm had fallen through amid lack of approval from China's commerce ministry.
On Thursday, India's Hindalco Industries its US subsidiary Novelis is set to acquire the aluminium manufacturer Aleris Corp in a deal valued at $2.6B.
The Chinese commerce ministry has declined to provide ant comment regarding the Qualcomm-NXP Semiconductors takeover deal to clarify whether it had gained the approval.
On Thursday, the Canadian Lundin Mining stated that it had officially begun a proposal to purchase Nevsun Resources for C$4.75 a share in cash, bringing the miner's value to about C$1.44B.
Gazit-Globe, the Israeli real estate firm stated on Thursday it had sold the remaining 5.6M shares in Regency Centers in a deal valued at total $347M or $61.95 per share.
On Thursday, the Chinese markets regulator has granted its approval to the merger between the Italian eyewear Luxottica and French lens maker Essilor.
Acronic, the aluminium products maker, is weighing takeover approaches form two or more private equity firms, according to the Wall Street Journal's report on Wednesday.
On Thursday, Australia & New Zealand Banking Group stated it had agreed to sell 82% in the pensions business P&I and ADG to the wealth manager IOOF in a deal worth $596M.
China's biotech Ascletis Pharma has raised $400M after it had priced its Hong Kong initial public offering of the indicative range.
On Thursday, Fairfax Media agreed to a $1.6B buyout from the TV network Nine Entertainment in one of the largest shake-ups of the Australian media recently.
Mattel's sales in the Q2 missed analysts' forecasts, weighed down by the lack of a large movie tie-in, while the liquidation of main customer Toys ‘R' Us kept hurting the US toy maker.
Advanced Micro Devices beat forecasts for quarterly revenue and profit, as a surge in demand for PCs boosted sales of graphic chips, processors, sending the company's shares up 5% in extended trading.
South Korea's chipmaker SK Hynix reported a record operating profit in the second quarter, beating market forecasts thanks to DRAM chips' strong sales.
The UK employers kept offering yearly pay deals averaging 2.5% in June, the strongest run since the financial crisis in 2008, which is likely to bolster the BoE's view that inflation pressures were building.
Ford Motor lowered the full-year earnings forecast amid slumping sales, trade tariffs in China and the company's struggling business in Europe.
PayPal Holdings Inc reported that the company's second-quarter profit beat analysts' estimates, but its projection for revenue in the third quarter came up short.
The economic growth of South Korea slowed in the second quarter, as consumption dropped, capital investment fell rapidly, while weaker export rise highlighted concerns on the trade outlook in the H2 of the year.
China's online group discounter Pinduoduo priced the US initial public offering at $19 per ADS, raising $1.63B in the second-largest US float by a China's company this year, according to sources familiar with the matter.