Snap announced the decision to name Jeremi Gorman, Amazon's head of advertising, as chief business officer, according to an internal memo.
The value of banks in the Euro zone collapsed by a third since markets reached their peak at the January end, data revealed on Wednesday, as another quarter of weak profits at Deutsche Bank dragged the sector down.
United Parcel Service reported a 20% increase in quarterly profit, though shares fell 3.5% after it stated that the US trade conflict with China affected international results.
Mohammed bin Salman, the Crown Prince of Saudis, stated that the kingdom is set to continue with reforms and infrastructure spending, predicting the economy to expand 2.5% this year.
Danish brewer Carlsberg raised its full-year forecast, citing execution of the efficiency programme and after a warm weather in Western Europe supported sales, among other factors.
Boeing shares jumped after it reported better-than-expected quarterly profits and cash flow, supported by growing demand, solid defence sales and services, and raised its 2018 profit and sales estimates.
The Bank of Canada hiked interest rates in line with expectations, adding that more hikes could be required to keep inflation in check, also hailing new trade pact it anticipated to reduce economic uncertainty.
Sales of new single-family homes in the US dropped to a the two-year low in September, while data for the previous three months was revised lower, indicating that higher mortgage rates and prices undercut the housing market.
The approvals of UK mortgages have reached a six-month low level. In addition, home loan refinancing demand has fallen since the Bank of England rate hike in August.
On Wednesday, Donald Trump was about to sign a new law, which is expected to provide better treatment to opioid abusers.
Facebook and Twitter on Wednesday revealed that the companies have not found any evidence of Chinese authorities meddling with the 2018 US elections.
On Wednesday, global stock indices marked a sixth straight day of losses. Financial media mostly blamed fears about economic growth.
On Wednesday, European stocks attempted a rebound. Although, tech and banking stock indexes declined due to bad results from certain companies.
On Thursday, the former PM of Malaysia Najib Razak together with his head of the Treasury will both be charged with various cases of breach of trust.
Check Point Software, who provide network security, have reported better than forecast third quarter profits, which have caused the company's stock price to surge.
On Wednesday, the published Euro zone business index revealed that the European business environment has slowed down more than forecast.
On Wednesday, oil prices declined below the $75 mark per barrel, which is its lowest level since August.
The lawmakers of the European Union on Wednesday announced that Sharon Donnery and Andrea Enria are the last two candidates for the position of the head of EU's banking supervision institution.
Sweden's Handelsbanken is set to cut about 1.6K jobs in the following four years after reporting its Q3 operating profit was little above the expectations.
On Wednesday, Germany's automaker Daimler announced it would establish a premium ride-sharing service joint venture with China's Geely Group.
Italy's Eni and Russia's Rosneft are in talks over terms to freeze their joint Barents Sea hydrocarbon projects due to the US sanctions, according to Interfax.
On Wednesday, UK bank Barclays reported higher-than-expected Q3 profit forecasts and revenues, despite the investment bank costs.
On Thursday, the state planner of China claimed that it has approved $100B fixed assets investment projects for a period from January 2019 to September 2019.
On Tuesday, the Foreign Minister of Ecuador Jose Valencia claimed that Ecuador will no longer intervene with the UK over the founder of WikiLeaks Julian Assange.