The privately-owned LLOG Exploration Company and the buyout group Blackstone are looking at selling their oil exploration venture Gulf of Mexico in a potential deal valued at $2.0B.
The Belarus largest food retailer, Eurotorg Holdings, made a decision to delay its initial public offering planned in London due to the current unfavourable market conditions.
Andrea Illy, the chairman of the Italian premium coffee producer Illycaffe, stated the company was not exploring a sale of its minority stake to its financial investors.
On Wednesday, Newell Brands stated it was planning a sale of Jostens unit to Sycamore and Pure Fishing business to Platinum Equity for combined $2.5B, seeking to boost its focus towards more profitable products.
Alabama's coal miner Drummond had to cancel its potential sale of the Colombian operations, for which the producer had chosen Goldman Sachs as an adviser.
BMW CFO Nicolas Peter stated on Wednesday the carmaker would make a decision in the upcoming weeks whether to manufacture more vehicles in China, after tariffs between China and the United States hit its 2018 earnings.
The EU highest court has set November 27 as the official date for hearing on the Brexit reversal process, the Justice Court reported on Wednesday.
The EU Commission has granted its approval this week for Walt Disney's $71.3B worth bid to acquire the entertainment assets of 21st Century Fox, if Disney agrees to sell interests in the European factual TV channels.
Dish Network, the US satellite TV service operator, reported a 5% drop to $3.40B in its Q3 revenue due to a major drop to 367K in the number of subscribers, compared to the estimated loss of 232K customers.
Michael Kors Holdings missed the Wall Street's estimates for its third-quarter revenue, which were tumbled by weaker sales at its EU retail stores.
On Wednesday, the Latvian President Raimonds Vejonis has nominatred the New Conservative Party's Janis Bordans as the country's new Prime Minister.
Kraft Heinz agreed on its Canada's natural cheese business sale to Parmalat SpA in a $1.23B deal that would help Kraft cut its debt and expand the footprint of Parmalat's owner Lactalis in North America.
The Prime Minister of Ireland announced on Wednesday that a Brexit deal is unlikely going to be reached in November.
On Wednesday, the Competition Commission in India announced that Ola and Uber have not broken price fixing rules.
On Tuesday, the federal judge of the US Lucy Koh ruled that chipmaker Qualcomm needs to license some of the developed technologies related to the modem chips to its rivals.
On Tuesday, the police of Monaco detained the Russian tycoon Dmitry Rybolovlev as a part of the investigation whether he had been influencing the law enforcement officials of Monaco.
On Tuesday, the Foreign Minister of Germany Heiko Maas claimed that he would press China during the upcoming meeting in Beijing to embrace the control of arms.
On Tuesday, the Chinese technology giant Tencent stated that it was planning to establish a research team in Palo Alto, Silicon Valley, to work on self-driving vehicles, on which the company was actively working now.
On Wednesday, the Finnish telecom network maker Nokia stated it had clinched frame deals worth $2.3B with China Telecom, China Unicom and China Mobile.
Singapore-based ridesharing app Grab has attracted $250M in the last funding round from the South Korean car manufacturer Hyundai Motor Co which plans to use the startup to test electric vehicles.
On Tuesday, the Prime Minister of the UK Theresa May has appointed five councils to advice on economic and business challenges which country will face after leaving the EU.
On Tuesday, Wells Fargo & Co's reported that the head of bank's wealth management division Jay Welker is going to retire in March after working for the company for more than 20 years.
On Tuesday, The U.S. National Highway Traffic Safety Administration claimed that it is investigating whether 1.7M of SUVs produced by General Motors need to be recalled due to wiper failures.
The relationships between China and the Asian Development Bank have improved strongly over the past three decades, the Stephen Groff, Vice President of ADB, says.