Samsung Electronics Co Ltd is planning to lower memory chip growth output next year to keep supplies tight amid an expected slowdown in demand, Bloomberg reported on Thursday, citing people briefed on the matter.
German ecommerce company Rocket Internet responded to investor calls to use some of its 2.1 billion euro cash pile on Thursday with a plan to buy back shares worth up to 150 million euros ($175 million), 3.6 percent of its outstanding stock.
Meituan Dianping rose 5 percent on debut in Hong Kong on Thursday, valuing the Chinese online food delivery-to-ticketing services firm at about $55 billion and sending a positive signal to companies lining up to list in the financial hub.
Facebook and Twitter face sanctions unless they comply with European consumer rules by the end of the year, the EU said as its regulators continue to their crackdown on U.S. social media giants over privacy concerns.
Cboe Global Markets is taking several steps, including recruiting artificial intelligence, to put to rest concerns that its VIX volatility index was prone to manipulation and that contributed to a blow-up of some complex volatility products in February.