Germany's overall economic output stagnated in the December quarter of the last year after dropping 0.2% over the prior quarter, the IWH revealed.
The British average house prices grew to about $311K in February, 5.9% higher than January, according to data published by Halifax.
The European Central Bank cut its inflation and growth forecasts for this year and lowered those for the following 2020 and 2021, acknowledging that slowdown in Europe was deeper and longer than earlier thought.
Britain's John Lewis Partnership stated that it was ready for Brexit, after reporting a 45% decline in full-year profit and cutting staff bonus to the weakest level in more than 60 years.
Japan's SoftBank Group is planning to launch a $5.0B investment fund with the aim to invest in the technology firms in Latin America, extending its tech reach in the area.
The ECB is set to appoint a person to become the EZ new senior banking regulator in the following weeks, the President Mario Draghi stated on Thursday.
On Thursday, the European antitrust regulators launched an inquiry into the German utility E.ON's takeover of Innogy on the back of the asset swap with rival RWE.
Starboard Value, the activist hedge fund, took a 4% of the Zayo Group Holdings stake, urging the US communications infrastructure provider for a sale.
On Thursday, Xerox Corp stated it would restructure its business on the back of the printer maker's intention to create a holding company, with reorganisation seen to be implemented this year.
Dialog Semiconductor stated on Thursday it would acquire a mobile communications unit owned by Silicon Motion in a cash-deal worth $45M, expanding its footprint into Internet of Things.
The insurer Aon abandoned plans for its rival Willis Tower Watson takeover, following an announcement about early stage-talks about an all-stock bid for the Irish insurance brokerage.
One of the Bank of England's policy makers Silvana Tenreyro revealed on Thursday that the Bank of England most likely will cut interest rates, if a no-deal Brexit occurs.
On Thursday, as the financial markets were waiting for the ECB rate announcement and subsequent press conference, the Euro was declining in value. The decline could be explained by expectations of an easing monetary policy announcement.
On Thursday, Spain's blood products firm Grifols announced it had formed a strategic alliance with the Chinese group Shanghai RAAS, seeking to boost its plasma-derived products sales in China.
Apollo Global Management, the buyout firm, agreed to buy the US biggest chassis leasing and rental company, Direct ChassisLink, in a deal worth $2.5B including debt.
Hugo Boss, the German fashion house, stated on Thursday its operating profit was likely to increase faster than its sales this year, estimating a strong growth in Asia and online business.
The UK Finance Minister Philip Hammond stated on Thursday that Britain was likely to delay its withdrawal from the EU bloc, if MPs rejected the Prime Minister Theresa May's proposed deal in the next week's vote.
On Thursday, National Grid, the electricity & gas utility firm, said it had agreed to acquire Geronimo Energy, the US solar and wind energy developer, in a deal valued no less than at $100M.
JPMorgan Chase & Co, Berkshire Hathaway and Amazon.com announced their healthcare joint venture had been given a name Haven, the company that would focus on simpler insurance benefits, better access to primary care and affordable prescription drugs necessary for their employees.
General Electric is considering to sell its 50% stake in the renewable energy JV with Italy's Enel, which would potentially help the company's CEO Lawrence Culp to pay down a debt.
The National Basketball Association is set to offer its Chinese fans the original programming and easy way to purchase league gear via the e-commerce giant Alibaba, it announced on Wednesday.
China's exports likely contracted by most in two years in February, while imports declined for a third month in succession, a Reuters poll revealed, heightening anxiety on whether Beijing and Washington can resolve differences over trade.
Italy's largest retail bank Intesa Sanpaolo confirmed targets set in February 2017 under a business plan to 2021 in spite of the country's worsening economy, the CEO said.
Ride-hailing firm Uber Technologies announced plans to expand into additional cities in Germany in 2019, the company's European Chief told a newspaper.