The US DoJ antitrust division made a request for additional information on Raytheon, United Technologies $120B merger deal, as the tie-up could potentially intensify the consolidation pace in the aerospace and defence industry.
On Thursday, Cisco reported its China sales dropped as much as 25% due to the tariffs on Chinese-made goods imposed by the US President Donald Trump, sending the company's shares down 8% to $46.53.
Boeing has delayed the launch of its 777X widebody jet's ultra-long-range version, the American planemaker announced late on Wednesday, as the company struggles from the fallout caused by the 737 MAX crisis and the 777X engine issues.
The SoftBank Group-owned Vision Fund made a $110M bet on renewable energy storage by investing in the Swiss company Energy Vault, the firm announced on Thursday.
On Thursday, Russian state pollster VTsIOM revealed that more than half of Russians admit to having high debt. The data caused bubble fears that impacted the Russian Rouble.
The largest PC maker in the world, China's Lenovo Group, announced on Wednesday it would have to lift prices for its products, if the US tariffs increased, sending the company's shares down 6.5%.
The UK opposition Labour Party has launched its bid aimed at bringing the Prime Minister Boris Johnson down with a no-confidence vote, calling on the lawmakers to unite behind the Jeremy Corbyn-led caretaker government to prevent Britain's exit from the EU bloc without a deal.
VMWare has entered talks to acquire Pivotal Software in a potential deal that values the software development maker at around $4.0B, according to the Dell Technologies regulatory filing released on Wednesday.
Ford Motor stated that it extended warranties over clutch and related hardware in 560K Fiesta and Focus cars in the US and Canada after reports on problems with the six-speed transmission.
Prices of new homes in China grew 0.6% month-on-month in July, with the property sector seen as the one of bright spots in the slowing economy, the NBS data revealed on Thursday.
China's PC maker Lenovo reported a two-fold increase in first-quarter profit to $162M, beating analysts' expectations owing to robust personal computers' sales.
On Wednesday, The We Company, the owner of WeWork, has released its detailed financial statements, marking the loss of $900M in the 2019 H1, while revenue doubled to $1.54B, as the company is getting ready for the initial public offering scheduled for the next month.
Ajit Pai, the FCC Chairman, has issued a draft order on Wednesday to approve the $26.0B merger between T-Mobile US and Sprint Corp, following the deal approval granted by the US Justice Department last month.
On Wednesday, prices for oil tumbled roughly 5% after weak economic data from Europe and China revived the global demand fears, while the United States reported an unexpected increase in crude inventories for the second week in succession.
Wilson Ferreira Jr., the Chief Executive Officer of Centrais Eletricas Brasileiras, the Brazilian state-controlled power holding, expected the government to privatise the firm via share offering by March 2020.
China's food delivery company Meituan Dianping has launched the development of mapping service, seeking to enter the area that is currently dominated by Baidu Maps and Alibaba's AutoNavi.
US import prices skyrocketed by 0.2% in July, while the underlying trend remained weak, pointing to decreasing imported inflation pressures, according to the Labor Department's report published on Wednesday.
On Wednesday, Argentine peso opened weaker after the President Mauricio Macri announced he would trim income taxes and bolster social services subsidies, two days after the economic turmoil caused by the election upset by the opposition candidate Alberto Fernandez.
On Tuesday, Genworth Financial agreed on the 57% stake sale in its Canada mortgage insurance unit to the investment manager Brookfield Business Partners in a deal valued at $1.81B.
The US Federal Aviation Administration imposed a flight ban on selected models of Apple's MacBook Pro laptops, following a recall of certain units made by the tech giant amid deemed batteries fire risks.
During the Wednesday's Asian and European trading sessions, stock indices around the world declined. The decline was mainly driven by a 0.1% decline of the German GDP, where the largest companies that are included in indices are located at.
Amazon.com, Facebook and Alphabet's Google are set to testify in the United States next Monday against the digital services tax approved by the French government that hit the companies with over €25M of French revenue and €750M worldwide.
Third Point, the New York-based hedge fund, announced it had recently reduced its stake in United Technologies by 7%, selling 480K of the company's shares during the Q2, according to a regulatory filing.
On Wednesday, Australia's Aveo Group has signed a takeover deal with the Brookfield Asset Management units, worth A$1.27B, or A$2.195 for the retirement home operator's share.