Germany's automobile manufacturer Opel is set to slash up to 400 positions at its Austria's manufacturing plant, a local media reported.
The US economic growth in the Q4 of 2018 was revised down to a 2.2% yearly rate from the previously registered 2.6%, the US Commerce Department stated.
The economy of Belgium is expected to contract nearly 1% and Belgians would get poorer if the UK quits the EU in the chaotic way, an official stated.
Sony Corp is planning to shut down its smartphone plant in Beijing, the company's spokesman stated on Thursday, as Japan's electronics maker set to trim its costs in efforts to bring back profitability of the handset business.
Deutsche Telekom's CEO Tim Hoettges is confident a $26B worth takeover of Sprint by the US firm T-Mobile can be granted approval by American regulators and will go through in the end.
Japan Exchange Group, the Tokyo Stock Exchange owner, is set to acquire the TOCOM to establish the all-in-one bourse, which could lure more international investors and traders.
ZF Friedrichshafen, the German car parts maker, is set to acquire the US competitor Wabco for more than $7.0B in cash, seeking to boost its driver-assistance systems portfolio, two companies stated on Thursday.
IMF's head Christine Lagarde called on the Euro Zone to agree on building the shared deposit insurance system within banks, setting aside all national concerns over possible risks.
On Thursday, Britain's markets watchdog fines Goldman Sachs a record $45M, as the investment bank failed to provide it with accurate transactions reports over a decade.
On Thursday, the US President Donald Trump called on the OPEC to bolster oil production with the intention to cut the commodity price, adding that the World Markets are fragile.
On Thursday, Swedbank ordered dismissal of its Chief Executive Officer Birgitte Bonnesen right ahead of the annual shareholder meeting due to allegations of the bank being involved in money laundering.
On Wednesday, Facebook announced it had imposed a ban o any representation, praise or support of white separatism and white nationalism on the social media giant's platform, a move approved by New Zealand on the back of the recent mosque massacre.
Volkswagen cooperated with Amazon Web Services, seeking to connect and integrate its data from the 122 VW Group factories, systems and machines, as part of the carmaker's plan to improve production.
The software company Support.com and Retailer Office Depot agreed to pay $35M in a settlement of the US FTC allegations that the firms had tricked customers into purchasing computer repair services.
On Thursday, the Parliament of the United Kingdom voted once more against the offered Brexit solutions. It occurred despite Theresa May's announcement that she would quit, if a deal is approved. The event did not surprise the financial markets, as the GBP/USD declined only slightly.
The giant Russian aluminum producer Rusal has hired a US firm to conduct an audit of the company's operations. The company wants to prove complying with the agreement that had Washington lift the sanctions on Rusal.
Volkswagen has entered talks over a stake acquisition in Ford Motors' Argo unit, after it had signed a deal with its US rival to develop a new pick-up truck.
On Thursday, Asiana Airlines' co-Chief Executive Officer Park Sam-koo stepped down on Thursday, following the South Korean carrier's accounting fiasco that had threatened the company's liquidity position.
Two Swedbank largest investors have made their separate statements on Thursday, claiming they would vote against the CEO Birgitte Bonnesen's freedom from liability for the last year at the bank's annual general meeting.
On Thursday, Daimler announced it was set to launch the development of its Smart electric vehicles next generation in China in cooperation with the German carmaker's rival Geely, deepening the alliance between two companies.
PG&E's creditors, including Pimco and Elliott Management, have proposed a $35B plan that could help the California power utility avoid bankruptcy within 12 months, according to Bloomberg.
On Thursday, Volkswagen's CEO Herbert Diess said to the Il Sole 24 Ore newspaper his company was not interested in any cooperation with Fiat Chrysler, adding the German automaker's efforts were currently focused internally.
Alitalia called on the Italian railways Ferrovie dello Stato on Thursday to speed up the rescue plan for the struggling carrier that must be presented in the end of the month, as ruled by Rome.
Saudi Aramco, the world's biggest oil producer, agreed to acquire a 70% stake in SABIC from the Saudi wealth fund in one of the largest deals in the chemical industry worth $69.1B.