Volvo Cars and Baidu, China's search engine operator, signed a cooperation deal to develop an autonomous taxi for China, Volvo Cars announced on Thursday, seeking to enter the Asian robotaxi market.
The number of applications for US unemployment benefits dropped to 214K in the week ending October 27, from the preceding upwardly revised 216K reading.
On Thursday, Japan's Rakuten announced a tie-up with the telecom firm KDDI, seeking to boost its presence in the telecom services business, challenging its bigger competitors SoftBank Group and NTT Docomo.
On Thursday, Canada's gas and oil producer Encana stated it was set to acquire Newfield Exploration in a deal valued at $5.5B, becoming one of the North America's largest shale oil producers.
The Premier of China Li Keqiang on Thursday revealed to a delegation of visiting US politicians that the Sino-US relations can be improved.
The music streaming service leader Spotify on Thursday revealed their quarterly results. The company has experienced a slight paid user increase.
The British budget airline EasyJet has submitted its revised interest expression for the restructured carrier Alitalia in relation to a new ongoing sales process led by the Italian government.
Vietjet Aviation, the fast-growing budget carrier, is set to complete its $6.5B Airbus aircraft order during the French PM Edouard Philippe's visit to Hanoi on Friday.
Cerberus Capital Management, the private equity group, announced on Thursday it would acquire SGI Frontier Capital, giving the firm a foothold for investments in the African and Asian frontier markets.
Deutsche Private Equity is considering a 36% stake sale in First Sensor, a group that develops electronic sensors used in automotive, medical and industrial sectors.
The PE firm Veritas Capital and the hedge fund Elliott Management have tied up over their bid to acquire the US healthcare software developer Athenahealth, saying they are close to sign the deal.
Apple and iHeartMedia have held talks over taking a stake in the US radio firm by the tech giant, the Financial Times said on Thursday.
South Korea's export increased 22.7% over the year to $54.97B in October, the second-largest figure in a history, a government report revealed on Thursday.
Sydney Airport CEO Geoff Culbert believed that Australia should do more to capitalize on 80M Chinese tourists travelling abroad every year, despite a 13% increase in the number of China's visitors over the past year to March.
Top global miner BHP stated that it would return shares and pay back $10.4B to shareholders, sticking to a pledge to hand back all of the proceeds from the US shale business sale.
China announced plans for more tax cuts in a bid to spur domestic consumption and is set to provide $30.72B in new financing to poor areas until 2020, Zou Jiayi, the Vice Finance Minister, stated.
American International Group reported a narrowed quarterly loss of $1.26B in the quarter ended September 30, as reinsurance pacts supported the offset of steep losses in North America and Japan.
France and Germany urged Beijing to do more to level EU businesses' playing field in China and address concerns over the business environment through systematic and concrete measures.
Theresa May, the UK Prime Minister, agreed a deal with the EU that would give Britain's financial services companies lingering access to European markets after Brexit.
Ford Motor and Volkswagen were in exploratory talks to cooperate on development of electric and self-driving vehicles in a strategic alliance aimed to save the companies billions of dollars.
On Wednesday, the Switzerland National Bank Chairman Thomas Jordan said that rising global trade war could hurt the Swiss Franc.
On Wednesday, the UK Prime Minister Theresa May's spokesperson declined to comment whether a Brexit deal would be reached by November 21.
On Wednesday, UK's Brexit Secretary Dominic Raab said that a Brexit deal would be finalised by November 21.
On Wednesday, more than 2000 migrants departed the Salvadoran capital en-route to the United States, as the US President Donald Trump increased pressure to stop the flow of people.