Didi Chuxing, the Chinese top ride-hailing company, has picked Morgan Stanley and Goldman Sachs to lead its mega US IPO, according to Reuters.
Southwest Airlines will recall more than 2.7K of its flight attendants from their leave from June 1 to back the carrier's summer schedule, halting the voluntary furlough programme as more US citizens become vaccinated.
Brazil's Selic interest rate is likely to reach the neutral level as soon as 2022, central bank's director said in a statement earlier this week.
Levi Strauss has raised its H1 revenue growth outlook by 24%-25%, hoping that the COVID-19 vaccine rollouts would drive a return to normalcy, after beating quarterly sales forecasts on the e-commerce boost.
China's Bilibili has entered talks to acquire Yoozoo Games' 24% stake as part of the $765M deal, amid the online video site's intention to lure its young users legion to expand in the Chinese gaming market.
Sports streaming service DAZN is exploring the opportunity of an initial public offering to drive fresh growth, its co-CEO James Rushton said.
Porsche AG, Volkswagen's luxury sports car brand, stated it could not rule out the production cuts amid the global semiconductor chip shortage in the near future and would have to adjust the output to reflect the shortfall.
Ford Motor has followed the move by General Motors on more vehicle production cuts due to the global semiconductor chip shortage, according to the company's statement made on Thursday.
France's Michelin is planning to add nearly €14B to the tyremaker's annual revenues in less than ten years by recovering from the coronavirus-caused slowdown and expanding into new activities, such as medical devices and hydrogen power.
On Thursday, the benchmark S&P 500 hit a new high, boosted by gains in Microsoft Corp, Alphabet Corp, Amazon.com and Apple Inc stocks.
On Thursday, the dollar index, which measures the US Dollar against a basket of major currencies, traded near a two-week low, tracking the US Treasury yields lower.
General Motors is cutting its output at its North American factories amid global chip shortage, according to a CNBC report released on Thursday.
Franklin Templeton and SoftBank Vision Fund 2 have invested $210M in OneTrust at over $5.0B valuation, the security and privacy software provider stated on Thursday.
Gucci owner Kering is on track with its new Italian global logistics hub, as the French luxury group seeks to increase its storage and accelerate global deliveries.
The USA500 stock index started Thursday's US trading with a new all-time-high level, as the market opened above the 4,091.658 mark.
On Thursday, the cloud services provider Box Inc announced it had received a $500M investment led by KKR, the private equity giant, with Box planning a stock buyback with the use of the majority of the funds.
On Thursday, Europe's stocks hit their record highs, driven by UK's optimism about easing coronavirus-caused lockdown restrictions, while positive projection for US interest rates pushed Wall Street to fresh peaks.
On Thursday, the US President Joe Biden stated that he would push legislation, which would allow the building of apartment buildings in single-family home zones.
On Thursday, Bang & Olufsen reported a 14% surge in its Q3 sales through February, boosted by higher demand and marketing initiatives.
The production of Apple's iPads and MacBooks has been delayed due to the global shortage of components, according to the Nikkei report published on Thursday.
On Thursday, Toyota Motor unveiled its new models of Mirai and Lexus in Japan, all equipped with the advanced driver assistance technology, amid rising competition to develop more connected and self-driving cars.
Fast Retailing, Uniqlo's Japanese owner, reported on Thursday its operating profit soared as much as 23% to $1.53B in half-year through February.
Twitter held negotiations in recent months to acquire Clubhouse at a $4B valuation, Bloomberg News stated, citing sources familiar with the matter.
General Motors examined a variety of manufacturing processes and technologies aimed at cutting the cost of future EV batteries and reducing dependence on metals such as cobalt.