Abercrombie & Fitch posted a better-than-expected quarterly profit of $5.5M, after cutting its costs and benefiting from the online orders surge during the pandemic, sending the firm's shares up 9%.
Walmart has collaborated with Microsoft in the softmaker developer's bid to acquire the Bytedance-owned short video app TikTok, according to a CNBC report seen on Thursday.
As the investors are showing high interest in the electric car companies, the Chinese electric vehicle manufacturer Xpeng Motors raised $1.5B from its New York IPO, surpassing the expectations.
On Thursday, the World Bank announced that the publication of the Doing Business report will be delayed due to data collection inconsistencies.
Veoneer is planning to tie up with Qualcomm Technologies on developing the driver assistance systems' software, the auto tech company announced on Thursday, sending shares up as much as 15.4% to $12.71.
On Thursday, Tiffany posted a bigger-than-anticipated quarterly profit of $31.9M, signalling a boost in its sales amid a recovery in the online and China demand.
Chinese local city regulators have suspended Didi Chuxing's new ride-hailing service due to lack of the operating licenses necessary for the platform, according to Reuters.
Bouygues is set to remove 3K of France's mobile antennas made by Huawei by 2028 after the country's authorities made a decision to swap all the equipment developed by the Chinese giant from its highly populated areas.
During Thursday's European trading hours, European stock indices declined, as an upcoming speech of the Federal Reserve chairman Jerome Powell was expected to strengthen currencies.
Alibaba has entered talks with the Chinese courier group YTO Express's founders over hiking its stake in the company, intending to become its main shareholder, in a move to accelerate consolidation in China's express delivery market.
Japan's Honda Motor has launched its first small fully electric car "Honda e" in Europe earlier this month; a compact model deemed for city driving costs at the price of €33K, the carmaker announced.
On Wednesday, the CEO of TikTok Kevin Mayer has left the US short video app after taking over his role on June 1, and will be replaced by Vanessa Pappas, the US General Manager, on an interim basis.
On Wednesday, Netflix and Roku Inc shares surged over 11% both on upbeat analysts reports, with Citi initiated Roku's coverage with the "buy" rating, as both streaming services benefited as a result of the pandemic.
China's EV maker Xpeng increased the size of its US initial public offering to nearly $1.49B, two sources stated.
The UK e-commerce company The Hut Group is set to launch an IPO this week in a transaction that would value the firm at up to £4.5B, two sources stated.
WarnerMedia and Xandr are set to allow political advertisers to purchase digital advertisements on its media platforms for the first time, as the US presidential election nears.
Xiaomi Corp's revenue grew 3.1%, while sales increased to $7.77B in the quarter ending June 30, beating analysts' expectations, amid high premium phone sales.
Export expectations in the German manufacturing sector declined in August, a statement published by the Ifo Institute for Economic Research shows.
The inflation rate in Lebanon reached 112.39% in July, compared to the same period the previous year, data published by the National News Agency show.
The Australian health supplements producer Blackmores plans to cut around 10% of its workforce after a 66% slump in revenue, a statement published by the company shows.
South Korean exports declined for the fourth consecutive month in August amid the coronavirus pandemic, a report published by the Bank of Korea shows.
The South Korean business sentiment improved for the fourth consecutive month in August, data published by the Bank of Korea show.
Net income of S.F. Holding, a Chinese express delivery giant, increased by 21% in the first six months in 2020, compared to the same period the previous year, data published by the company show.
On Wednesday, Nasdaq opened higher, gaining 50.15 points or 0.44%, on the upbeat HP Enterprise and Salesforce results, while the S&P 500 reported more sluggish update after closing at its record-high level for the three straight sessions.