The Japanese economy expanded faster than estimated in the Q4, as capital expenditure recovered quickly from natural disasters in the prior quarter.
The average house price in the UK increased to $311T in February, a 5.9% increase from January, the mortgage lender Halifax reports.
The Bulgarian gross domestic product expanded 3.1% in 2018, compared to the year 2017, the National Statistical Institute reports.
The Abu Dhabi Crown Prince Sheikh Mohamed bin Zayed Al Nahyan met with the Russian Foreign Minister Sergey Lavrov to discuss cooperation between the two countries.
The European Union and Mozambique signed agreements worth $240M to support trade in the southeast African country, the Mozambican foreign minister Jose Pacheco reports.
Tunisia plans to establish new free trade zone in the southeastern Medenine province, the Tunisian Minister of Commerce Omar El Bahi reports.
The German economic production stagnated in the fourth quarter of 2018 after declining 0.2% in the third quarter, the Halle Institute for Economic Research reports.
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.