Wall Street edged lower on Thursday. The decline was attributed to the rising trade tensions between the United States and China.
On Thursday, Chevron Corp's Chief Executive Officer Michael Wirth said that the company had abandoned its bid to takeover Anadarko Petroleum Corp.
Novartis is acquiring the dry eye Xiidra drug from Takeda Pharmaceuticals in a deal valued at $5.3B, amid Swiss drugmaker's intention to renew the ophthalmic medicines portfolio.
Kraft Heinz, the US packaged food group, launched a sale of the baby food unit Plasmon, including preliminary offers due by the following week's end, sources familiar with the issue reported on Thursday.
The number of applications for US unemployment benefits decreased 2K to 228K in the week ending May 4, still beating analysts' estimates for a drop to 215K from the previous 230K reading.
Google rolled out affordable models of the Pixel smartphone at the price of $399 and clinched an exclusive distribution deal in the Us with Verizon Communications, marking a significant shift in its hardware strategy.
Sprint reported it had lost more phone subscribers than feared in its Q4 despite discount offering, lifting concerns regarding the wireless carrier's sustainability, if the on-going merger deal with T-Mobile was not approved.
On Thursday, the Norwegian utility Statkraft's CEO stated the company was planning an expansion of its EV charging service in Britain and Germany, seeing to snap up more power factories by the 2019-end.
Brazil's fintech company Nubank is set to launch a new office based in Mexico next week, seeking expansion into Latin America, the firm's executive stated on Thursday.
Agile Group, the Guangzhou-based property developer, is planning to expand into the new energy vehicles, partnering with We Solutions, the EV technology provider, aiming to develop automobiles and build towns intended for NEVs.
Metro has entered exclusive talks on its Real hypermarkets' sale to a Redos-led consortium, Germany's retailer announced on Wednesday, saying it was taking an impairment charge worth $431M on the struggling chain.
Edgewell Personal Care is set to make a bid to acquire the US shaving start-up Harry's in a cash-and-stock deal worth $1.37B, according to a New York Times report seen on Thursday.
On Thursday, UK online grocer Ocado stated it had acquired an 18% minority stake in the robotics start-up Kakakuri, investing $6.2 in the deal.
The Japanese based conglomerate SoftBank Group announced on Thursday that it has beat its annual profit forecast. The stock price of the bank surged due to the announcement.
On Thursday, SoftBank announced that the bank is doing a stock split. Although, the dividend per share is going to remain unchanged. This will effectively double the pay-out that the shareholders will receive.
BlackRock has withdrawn from the Italian bank Carige's proposed rescue bid, lifting prospects for Rome to enter the costly state bailout, adding the lender would evaluate other market solutions to ensure stability and turnaround of Banca Carige.
One of the biggest port operators in the world, DP World, announced on Thursday it would acquire Fraser Surrey Docks, Canada's marine terminal from the Macquarie Group fund in a deal potentially valued under $300M.
The Philippine economy expanded at the weakest pace in four years in the Q1, rising the likelihood the Central Bank will cut the key interest rate on Thursday.
Panasonic and Toyota Motor announced their plan to establish a joint firm to develop "connected" services, which can be used in urban development and homes.
Turnover of Siemens, the German industrial conglomerate, increased 4% to $23.4B in the second quarter of 2019 fiscal year, the company announced.
The UK companies' demand for staff grew at the slowest pace since 2012 in April, a survey revealed, suggesting the labour market strenght might be fading.
China's Producer Price Index rose 0.9% year-over-year in April, compared with 0.4% rise in March, the National Bureau of Statistics stated on Thursday.
The growth rate of Egypt's economy grew to 5.6% over the third quarter of the current fiscal year, compared with 5.4% in the same period of the prior fiscal year, the Minister of Planning stated.
Intel Corp shares declined 2.5% after executives announced expectations for the modest profit growth in the next three years, signalling it would lag large rivals, as the chipmaker caught up in technology.