On Thursday, Campbell Soup stated it was expecting the Q1 revenue above the estimates amid higher buying-demand during the pandemic, but added it forecast a drop in its sales in the H2 after easing the lockdown restrictions.
US initial jobless claims dropped more than anticipated to 881K last week, still remaining surprisingly high due to signs of a week recovery in the labour market as the coronavirus cases rise.
Japan's Nissan Motor reported on Thursday its China sales plunged 2.4% in August to 126,592 vehicles, compared to the prior year's same period, and up 4.7% from July, marking the recovery after the coronavirus lockdowns.
On Thursday, Spain's Inditex has launched online sales at Lefties, its little-known budget label, granting the brand digital advantage over Primark, the discount fashion chain, in the market.
On Thursday, Amazon Inc. announced that the company would create 7,000 new jobs in the United Kingdom.
Intel Corp launched its new generation version of "Tiger Lake," the flagship laptop chip, hoping it will help regain its lost market share, as well as counter the forthcoming Apple's machines with its own chips.
On Thursday, shares of the Chinese social media and gaming giant Tencent dropped over 2% after India's ban of 118 mobile apps that also included the company's popular videogame PUBG.
JPMorgan has the right to be the first buyer of the 20% stake in the China securities joint venture for $26.02M, according to a filing seen on Thursday.
United Airlines announced it was preparing for the 16,370 worker furloughs on October 1 after the federal aid expires, as the COVID-19 pandemic continues to destroy the airline industry.
Amazon.com Inc and Verizon Communications considered more than $4B in investments to buy a stake in India's Vodafone Idea Ltd.
Canada's cable company's top investor rejected Altice USA Inc's $7.9B offer to snap up the Cogeco Inc's US assets and sell the rest to Rogers Communications Inc.
Activity in Japan's services sector weakened in August, with the Services PMI inching down to 45.0, as uncertainty from the COVID-19 pandemic weighed over sentiment.
Mobile gaming company Skillz Inc is set to float shares on the NYSE through the merger with blank-check firm Flying Eagle, which will value the firm at around $3.6B.
Unilever Plc is set to invest €1B to remove fossil fuels from products by 2030, decreasing the carbon emissions created by the chemicals used in production.
Commerzbank became the latest firm to drop Ernst & Young as its auditor, following the Wirecard accounting scandal whose accounts EY signed off.
Ford Motor Co announced its intention to eliminate 1.4K salaried jobs in the US by year-end within a multiyear $11B restructuring.
Ingka Group, one of the owners of IKEA stores, announced plans for sustainability-related investments of €600M over the next 12 months.
Sales of Lego surged 14% in the first six months of 2020, while revenue grew only 7% to nearly $2.5B, the Danish toymaker reported.
Russia's National Media Group and treaming giant Netflix established a partnership to run the US group's service in Russia.
On Wednesday, Walmart's Flipkart has rolled out its online wholesale service on the back of the Indian company's plans to compete with Amazon in the e-commerce market.
Daimler is set to launch its new Mercedes-Benz S-Class sedan on Wednesday, raising hopes the new model will return the German automaker to the profitability in 2021 after weak high-end car demand during the pandemic.
China's Securities Regulatory Commission has granted Citigroup's Chinese unit with a local fund custody licence, according to the lender's statement made on Wednesday.
AT&T is considering to sell Xandr advertising unit due to its restructuring plans to become a media and ad powerhouse transforming from the wireless carrier.
On Wednesday, the German retail sales data revealed a decline in July, which was not expected. Due to that reason a decline in EUR occurred.