The Japanese economy contracted at a yearly rate of 0.6% in January-March, remaining unchanged from an estimate issued last month, revised GDP data from the Cabinet Office revealed.
The head of agricultural negotiations for the Office of US Trade Representative on Thursday announced that the US might lose more than $20B due to trade disputes.
The authorities of Turkey ordered the halt of the filling of a dam on the Tigris river after Iraqi officials complained about water shortages.
The Supervisory Board Chairman of Deutsche Bank has discussed with top shareholders a possible merging with the peer bank Commerzbank.
The Treasury Minister of Argentina announced on Thursday that his country and the International Monetary fund are close to making a deal.
General Motors is expected to provide advanced batteries to Honda Motor, a move that would diminish costs of future electric cars at both auto producers after two years.
Waymo, the self-driving unit of Alphabet, hoped to bring the company's robo-taxi service to Europe, as it launches in the US later this year.
The parliament of Ukraine passed a law to create a court specialised in corruption cases, the main step for the governemnt to get more IMF aid to tame an increasing sovereign debt burden.
McDonald's was planning a fresh round of layoffs to level off the structure of the management further, the WSJ stated, citing an email sent to employees, franchises and suppliers of the company.
MiMedx replaced the CFO and stated that it is set to restate financial statements for five years after an internal investigation into distribution and sales practices, sending shares 30% down.
The Bank of Canada stated that the vulnerabilities caused by household debt and the country's housing market eased due to higher interest rates, rising incomes and tighter mortgage rules.
According to Calcalist, the Israeli news website, the ride-hailing company Gett is seeking to raise $350M, in its second attempt to attract investors amid the company's relatively high valuation of $2.0B.
On Thursday, Ford is considering to shut down its Blanquefort gearbox factory in France's Bordeaux, if no buyer could be found, the US carmaker stated on Thursday.
On Wednesday, the consumer goods firm that is co-founded by Jessica Alba, Honest Co, stated it had received n investment worth $200M from the private equity group L Catterton.
on Wednesday, South Africa's Steinhoff stated it had received support letters from creditors for two of its finance companies, following the firm's embroilment into accounting scandal.
GCL-Poly Energy Holdings is planning to sell a 51% stake in its photovoltaic developing division to Shanghai Electric, the industrial equipment producer.
As oil prices increased on Thursday, media outlets put the blame on the surge on the expected decrease of Venezuelan oil exports.
Italian company Gucci on Thursday announced that the company is set to grow and reach ten billion Euros in revenue.
On Thursday, Fujifilm Holdings stated it would have to walk away from the merger deal with Xerox worth $6.1B, if there was no progress in negotiations for about six months.
Tencent Holdings and Zhejiang Geely have won an offer to buy a 49% stake in the China Railway Corp's subsidiary for $672.52M, Geely announced on Thursday.
Platform Specialty Products is in advanced negotiations over a sale of its agrochemicals business unit to Wilmcote Holdings in a deal that could be valued at $3.0B, according to the Wall Street Journal.
On Wednesday, Johnson & Johnson said it had received a proposal from Fortive Corp, worth around $2.7B in cash, to acquire its medical sterilisation unit.
On Thursday, Vienna Insurance Group announced it had bought a Polish unit of the German peer Gothaer Finanzholding, seeking to expand its services in the country.
China's global financial service operator Huobi Group stated on Wednesday it would invest $100M to establish a new public blockchain.