Daimler is set to become a smaller company in five years, as it seeks to shift its focus to manufacturing electric self-driving vehicles; a decision that is likely to result in job cuts.
On Thursday, Sony's next-generation new console PlayStation 5 has been rolled out online in core markets and was sold out in the US and Japan amid surging demand for gaming caused by the coronavirus pandemic.
Instacart has hired Goldman Sachs Group to lead an initial public offering, planned early next year, valuing the US grocery delivery firm at about $30B, according to Reuters.
Spain's Cellnex revealed its biggest purchase to date with a deal to buy more than 24K telecom towers across Europe from Hong Kong's CK Hutchison for $11.81B.
Engie EPS, Fiat Chrysler announced plans to establish a joint venture to take advantage of rapid growth in electric mobility.
The UK engineering firm Rolls-Royce raised £2B from the rights issue to support its pandemic-hit finances after stockholders signed up for more than 90% of new shares.
Throughout Thursday's trading hours, the US Dollar traded flat against its peer currencies, as it continued to consolidate in the aftermath of this week's high volatility.
On Thursday, crude oil price benchmarks surged despite the International Energy Association's comments on slow demand recovery.
During Thursday's US trading hours, stock indices slightly declined, as stocks traded with mixed results.
On Thursday, the Labor Department reported the consumer price index remained unchanged in October followed a 0.2% surge in September.
On Thursday, the healthcare provider Cano Health announced it would launch public listing through a $4.4B merger with Barry Sternlicht-backed blank-check company.
Apple's main supplier Foxconn said it is expecting strong iPhone 12 demand for the holiday quarter, adding it will continue to invest in the US as scheduled.
Wall Street's employees are expected to receive lower 2020 bonuses compared with the previous year due to the coronavirus impact on the US economy.
On Thursday, the International Energy Agency stated that global demand for oil is unlikely going to grow until the middle of 2021.
On Thursday, Tencent Holdings, China's gaming and social media titan, posted the forecast-beating 89% surge in its Q3 profit, driven by advertising and video games businesses.
On Thursday, Japan's Nissan Motor reduced the outlook for its full-year operating loss by as much as 28%, despite thee still-whopping $3.2B, boosted by better-than-expected sales and restructuring efforts.
On Thursday, the Estonian ride-hailing firm Bolt announced the planned investment worth €100M next year, as it seeks to become the biggest e-scooter rental company in Europe.
Goldman Sachs has hired Marguerite Bion, Barclays' insurance banker, to win more deals from the European largest insurers due to industry consolidation boost amid tightening regulation and anaemic profitability.
The head of Mercedes-Benz Berlin engine plant defected to rival Tesla, the union IG Metall stated, calling on employees to protest on his departure.
BMW CEO Oliver Zipse stated that he was weighing options for the firm's mobility services JV with Daimler AG, including a partial sale or attracting new partners.
Italy's largest payments group Nexi extended its $8B merger talks with Nets to November 16, as it reported better-than-expected Q3 earnings.
Germany's luxury automaker BMW revealed an electric SUV called the BMW iX, estimated to go on US sale in early 2022 to challenge Tesla and other rivals.
An SEC filing revealed that on Monday the Chief Executive Office of Pfizer Albert Bourla sold Pfizer stock valued at $5.56 million.
Throughout Wednesday, as the Chinese Single's Day shopping occurred, Alibaba continued to report record sales in the tens of billions of USD.