Europe seeks to manufacture a low-budget reusable rocket engine that would have been ready-to-use after 2030 as part of an agreement between the European Space Agency and Airbus Safran Launchers.
On Thursday, a powerful 6.8-magnitude earthquake shook Guatemala and its neighbour state El Salvador; however, no casualties have been reported yet.
The UK Finance Minister Philip Hammond said that the Brexit uncertainty had a negative impact on business investment, adding that Britain needed to bring more clarity on transition agreement at an early date.
The UK PM Theresa May stated that around 600 buildings in England might have a similar cladding to the one used at the Grenfell Tower block, where 79 people were killed amid a high-rise blaze.
Citigroup hired the UBS Group senior Chinese banker Jiang Guorong as group's chairman and director of the China investment banking and corporate.
The Federal Statistical Office reported on Thursday that the Swiss trade surplus widened ₣1.44B to ₣3.40B in May, topping analysts' expectations for a surplus of ₣2.44B.
The British firm Imagination Technologies lost 70% of its market value and put itself up for sale after the tech giant Apple announced plans to stop buying Imagination's processing products.
The UK Finance Minister Philip Hammond stated that he was confident of the PM Theresa May would close a deal with the Northern Ireland DUP to get support for her minority government.
On Thursday, Airbus stated that the Iranian Airtour Airlines signed a memorandum of understanding for its 45 A320neo aircraft, in a deal disclosed at the Paris Airshow.
The UK Finance Minister Philip Hammond stated on Thursday that Theresa May was likely to serve as Prime Minister until the end of this year, despite her majority loss in the June 8.
According to the Airbus statement, the Iranian Zagros Airlines has signed a memorandum of understanding to purchase 20 A320neo planes and eight A330neo jets. The company noted that deal is in line with terms of the Joint Comprehensive Plan Of Action.
The prices for crude oil slightly increased on Thursday morning, as the US gasoline and crude stockpiles slipped by 2.5M barrels.
Mobike, the Chinese intelligent bike-share service provider, has established a subsidiary in one of the Japan's largest city Fukuoka and plans to start operating in second half of the year.
On Wednesday, the Home Capital Inc. said that the Berkshire Hathaway Inc. is ready to provide a C$2B loan to its subsidiary Home Trust Co. and at the same time acquire C$400M of Capital's ordinary shares.
According to several sources, Takata Corp is expected to file for bankruptcy on Monday, as it suffered the biggest recall in automotive history due to defective airbag inflators.
On Thursday, the Central Bank of Mexico is expected to raise its interest rates to 7% for the final time this year in order to keep rising inflation at bay.
On Thursday, Asian stocks were seen edging higher, amid oil's attempts to recover from its 10-month low, which in turn was reached over supply glut concerns.
On Thursday, Kikuo Iwata, the Deputy Governor of the BoJ, stated that there is no need to raise interest rates at the moment, due to inflation still being far from the bank's 2% target, also adding that more monetary stimulus is required.
The People's Bank of China is unlikely to shrink balance sheet like the US Fed does as it is not facing similar pressure due to the usage of different policy tools.
Russia cancelled a meeting between US Undersecretary of State Thomas Shannon and Russian Deputy Foreign Minister Sergei Ryabkov, angered by new US sanctions.
The United Nations expects the world population to hit 8.6B in 2030, and to reach 9.8B by 2050, despite an overall descrease in fertility rates.
Ukraine is likely to spend about $190M in the five years by 2022 for maritime fleet development, the Ukraine's State Seaports Authority revealed.
Italy tax police seized papers from offices of five banks in a probe over fraud related to the high-quality investment diamonds distribution to bank clients.
Petro Poroshenko, the Ukrainian President, stated after meetings in Washington that the US and Ukraine are likely to sign a set of agreements to boost defence cooperation.