Volkswagen's brand chief Herbert Diess is set to become the head of the volume brand division that will include responsibility for Seat and Skoda, as well as for VW's commercial-car division.
The owner of British Airways, IAG, is considering to make a bid for Norwegian, which costs around $1.2B, sending the airlines shares up 37% on the news.
The number of applications for US unemployment benefits plunged to 233K in the week ending April 7, following the prior week's 242K reading, and missing analysts' estimates for a drop to 231K.
The conservative political opposition of Greece stated on Thursday it would not support the name deal to settle the decade-long row with Macedonia, unless it changed the constitution.
Volkswagen's supervisory board is set to hold a meeting on Thursday at 1400 GMT over its new leadership shake-up, as the brand CEO Herbert Diess is seen to take over the automotive group's reins of power.
The UK gambling and technology firm Playtech agreed to acquire a 70.6% stake of the Italian gaming company Snaitech for $359.2M in cash, Playtech said on Thursday.
Walmart is getting closer to buying a majority stake of 51% or more in India's e-commerce firm Flipkart for about $10-12B, sources familiar with the matter reported.
On Thursday various media outlets are cited the tensions over Syria as the reason for the decline of assets, which are traditionally considered risky.
The government of Japan is discussing a new government budget, which would be balanced around the middle of the 2020s.
SoftBank's CEO Masayoshi Son is running out of time to clinch a merger deal between the US wireless subsidiary Sprint and Deutsche Telekom's US unit T-Mobile.
On Wednesday, Apple Music announced it has appointed Oliver Schusser as its Vice President and hit 48M subscribers, where 40M were paying users and only 8M were on its free trial.
On Thursday, cyber security software company Avast announced it would apply for listing its shares on the London Stock Exchange as soon as in May 2018 that could value the firm at about $4B.
The US private equity company Warburg Pincus is discussing a potential investment into a fundraising round for the Chinese firm Ant Financial Services, which is seen to be worth $8B or more.
A spokesman for Instagram stated on Wednesday that the photo-sharing platform was set to make it possible for the users to download their copies of the content they had uploaded to the service.
Christine Lagarde, the Managing Director of the International Monetary Fund, was optimistic over the global growth prospects, but warned against protectionism measures in trade.
Yi Gang, the Governor of the People's Bank of China, stated that the country's economic data for the first quarter has been slightly better than anticipated.
The World Bank raised growth projections for East Asia for the current year, but suggested the region may tighten monetary policy to avoid short-term risks.
The Bank of Korea kept interest rates steady, in line with expectations, as inflation growth was muted, while exports revealed slight improvement.
The ABS reported that home loans dropped 0.2% in February, after plunging 1.0% in the prior month, whereas analysts anticipated a decline of 0.3%.
The Melbourne Institute reported that its Inflation Expectations Index rose 3.6% in March, following the preceding month's rise of 3.7%.
Tesla announced its intention to begin the production of Model Y by November 2019, with manufacturing in China to start two years later.
The US government posted a budget deficit of $209B in March, as outlays rose, while receipts dropped, the country's Treasury Department stated.
Rosneft was attempting to persuade investors that the company is able to shrink the debt burden, aiming to shut the valuation difference with some rivals.
WeWork bought China's co-working start-up Naked Hub for $400M within the company's intention to expand the business in the one of the world's biggest country.