Delta Air Lines is set to acquire a 20% stake worth $1.9B in LATAM Airlines Group, building a major new partnership and halting the carrier's ties with American Airlines.
According to a policy paper published ahead of the 70th anniversary of the establishment of the People's Republic of China, the country requires a strong and united leadership of the ruling party in order to overcome internal and external challenges.
According to sources familiar with the matter, Toyota Motor Corp is planning to increase its stake in Subaru Corp from current 17% to more than 20%.
Volkswagen's VW brand stated that it increased productivity, aiming to achieve 6% increase this year, lowered costs and was on course to reach carbon-cutting target at its factories.
German vehicle maker Volkswagen was nearing a decision over building the company's new plant in Turkey, a board member stated on Thursday.
The UK tobacco firm Imperial Brands cut the company's profit and revenue forecast for the full year, facing regulatory backlash in the US against vaping, which could reshape the industry.
The National Association of Realtors announced that Pending Home Sales Index grew 1.6% to a 107.3 reading in August, rising more than expected, while July's index was unrevised.
The Cabinet Minister of Norway, Nikolai Astrup, stated that the country is set not to block China's Huawei from building the 5G telecoms network, putting the country at odds with NATO ally the US.
Global IT consulting major Accenture lowered its forecast for first-quarter revenue to $10.9B-$11.2B in the first quarter, below the average estimate of $11.26B, blaming stronger Dollar.
Jaguar Land Rover, the British largest carmaker, is set to stop its production at the UK plants for one week in November, joining Toyota and BMW plans to reduce any disruption from a possible no-deal Brexit.
On Thursday, Nestle, the US food giant, has launched its "Awesome" plant-based burger in America, aiming to tap into the US growing craze for vegan meat.
UK's Civil Aviation Authority announced that over 70 flights were scheduled for Thursday to repatriate 16K of people to Britain on the fourth day after the collapse of the world's oldest travel company Thomas Cook.
Baidu Inc, China's internet search giant, is planning to sell about a third of the Ctrip.com International stake, seeking to raise about $1.0B, looking for investments in other revenue streams.
During Thursday's Asian trading session, crude oil price benchmarks surged. The surge was attributed to the ongoing lack of supply caused by the attacks on Saudi facilities.
On Thursday, the Swiss antitrust regulator has granted its approval for Sunrise Communications' $6.3B takeover of the UPC business currently owned by Liberty Global, despite some of its large investors opposed the deal.
The US fitness start-up Peloton Interactive Inc raised $1.16B in its IPO conducted on Wednesday after the firm had priced the shares at its target range's top end of $29 per share.
The CEO of the e-cigarette maker Juul announced a resignation on Wednesday, after merger negotiations between Philip Morris and Altria collapsed due to a regulatory retaliation against vaping, posing a danger to the whole industry.
IKEA reported its annual sales above $44B for the first time in the Swedish furniture group's history, as its push into e-commerce produced increase in online revenue.
Best Buy announced its intention to make $50B in revenue, cut nearly $1B in costs by 2025 and ramp up healthcare technology business.
On Wednesday, Aivar Rehe, who formerly ran Danske Bank operations in Estonia and was at the centre of a money laundering scandal, was found dead.
On Wednesday, the United States announced that sanctions have been put on Chinese entities that have been transferring Iranian oil.
Representatives of Ford stated on Wednesday that the company is expected to launch self-driving cars in Austin Texas in 2021.
On Wednesday, it was revealed by Reuters that Saudi Aramco seeks a one billion US Dollar loan.
US single family home sales beat analyst expectations in August. On Wednesday, the publication of the data caused a slight surge of the US Dollar's value.