Swedish telecoms equipment maker Ericsson said Thursday its earnings plunged in 2016 on weak demand for mobile broadband networks in its developing markets, which were hit by economic slumps.

Thirty eight Bangladeshi companies will join a five-day trade fair for consumer goods—Ambiente—organised by Messe Frankfurt in Germany.

The government plans to ship 5 tonnes of rice seeds to Bhutan to help the country produce more paddy based on quality seeds, said a senior official of agriculture ministry.

US pharmaceuticals giant Johnson & Johnson on Thursday announced it was buying Europe's biggest bio-pharmaceutical firm, Switzerland's Actelion, for $30 billion (27.9 billion euros) in a deal that creates a new spin-off company.

Germany's record current account surplus is likely to shrink this year because a slowdown in global trade is dampening export growth while strong domestic demand is pushing up imports, Economy Minister Sigmar Gabriel said on Thursday.

Apple on Wednesday took its legal war with Qualcomm to China, filing lawsuits there accusing the chip-making giant of illegally wielding monopoly power.

India's finance minister is likely to borrow more than originally planned when he presents the budget on Feb. 1, senior aides and officials said, despite counting on revenues from a national sales tax whose launch date is still unknown.

Consumer goods maker Unilever reported lower-than-expected fourth-quarter sales on Thursday, blaming the Indian government's withdrawal of high-value notes and a weak economy in Brazil.

Facebook Inc has hired Hugo Barra, the most prominent global executive at Chinese smartphone maker Xiaomi Inc, to lead its virtual reality business including the Oculus unit, Chief Executive Mark Zuckerberg said.

Indian mills bought 50,000 tonnes of Australian standard wheat in recent deals for February shipment while Bangladesh purchased an equal quantity of Canadian wheat for arrival in April, traders said.

Britain's free-spending consumers again wrong-footed broad prognostications of a slowdown after June's Brexit vote, driving a robust pace of economic growth in the final three months of 2016, data showed on Thursday.

An initial public offering from India's BSE Ltd, the country's second-biggest stock exchange, was well over-subscribed on the last day of the sale, helped by attractive valuations and expectations of robust growth for stocks in the coming years.

Apple Inc said on Wednesday it appreciates the open and constructive dialogue that it held with Indian officials, around the expansion of its local operations in the country.

The second unit of India's Kudankulam nuke plant—built with Russian assistance—reached 100 percent power level for the first time recently. Earlier it was operating at 90 percent power level.

Africa, famously short of new roads, ports and power stations, is increasingly leaning on its own sovereign investment funds to help fix its infrastructure gap.

The dollar tumbled to a seven-week low against a basket of currencies on Wednesday on worries that US President Donald Trump was focusing too much on protectionism and isolationism, and not enough on pro-growth policies.

A trade war between China and the United States would harm both countries, the overseas edition of the state run People's Daily said on Wednesday, reflecting concerns over the protectionist, and anti-China stance taken by new US President Donald Trump.

The German government on Wednesday maintained its growth forecast for 2017, even as a monthly survey showed firms increasingly nervous about the future in the face of global uncertainty.

The European Union urged China on Wednesday to make "concrete progress" in opening its markets to global investment, after Chinese President Xi Jinping decried protectionism in a speech at the recent World Economic Forum in Davos, Switzerland.

Indonesia is interested in pursuing a bilateral economic partnership with the United States after the world's biggest economy abandoned the Trans-Pacific Partnership (TPP) accord, an Indonesian official said on Wednesday.