On Thursday, Verizon Communications is exploring a sale of the blogging website Tumblr amid the wireless carrier's efforts to boost the fortunes of its Verizon Media Group, according to the Wall Street Journal.
General Motors was considering a $1B incentive at the company's assembly plant in Missouri, where it builds trucks and vans, state officials stated on Thursday.
Shares of Beyond Meat, the vegan burger maker, grew more than 160% in the market debut with stocks opening at $46, above $25 IPO price, as investors looked to cash in on the first listed veggie meat firm and higer popularity of meat alternatives.
Cognizant Technology Solutions almost halved its revenue expectations for 2019 after missing Q1 results amid sluggish demand in financial and healthcare businesses, with the shares dropping 6% after the data release.
The Irish services sector expansion slowed in April, with the PMI to 54.7 from 55.3, suggesting that the economy started the second quarter at a moderate pace due to the global slowdown.
On Thursday, the US President Donald Trump announced that Steve Moore has withdrawn from consideration for a seat on the US Federal Reserve's Board of Governors.
On Thursday, the Bank for International Settlements said that developing countries need to expand their foreign exchange crisis toolkits.
European shares edged lower on Thursday after the US Federal Reserve quashed hopes of interest rates cuts.
Wall Street edged lower on Thursday, led by a decline in energy stocks, as the US Federal Reserve now was seen as less likely to cut interest rates.
The dollar index, which measures the Greenback against a basket of major currencies, and bond yields strengthened for a second day on Thursday, as the US Federal Reserve dampened rate cut bets.
Global stocks edged lower for a second consecutive trading session on Thursday, as the US Federal Reserve dampened interest rates cut bets.
Tesla made issues of the company's new shares and more than $2B worth debt, sending shares more than 5% up, as the CEO Elon Musk announced the plan to raise capital.
DowDuPont reported a 28% decrease in adjusted profit for the quarter, affected by weaker chemical demand, sending the company's shares down 1% to $37.06 in pre-market trading.
Kellogg stated it will replace the company's CFO, and reported a 36.5 % drop in first-quarter earnings amid higher costs and the strong USD, sending shares 5% down pre-market trading.
New orders for the US-made goods increased the most in seven months, rebounding 1.9% in March due to solid demand for transportation equipment.
Volkswagen shrug off a €1B legal charge to meet the Q1 operating profit forecast, sending the company's shares 4.5% higher, thanks to higher-margin sport cars' sales and cost cuts.
The US worker productivity grew at the fastest pace since 2014 in the Q1, depressing labour costs and suggesting that consumer price growth would remain benign.
Barclays investor Edward Bramson announced on Thursday that he has failed at gaining a board seat at the bank. The investor intended to overhaul the bank.
On Thursday, worker's unions in Belfast revealed that Bombardier has announced a plan to sell its production plant in the city, which employs more than 3,600 people.
Despite the initial decline of US stocks caused by the surge of the USD that was initiated by US monetary policy, by the middle of Thursday's London session US stock futures began to climb.
On Thursday, the Bank of England made a rate announcement, revealed the size of their asset purchase program and future forecasts. In general, monetary policy in the UK remained unchanged.
On Thursday, ARA US Hospitality has started its Singaporean initial public offering with the intention to raise around $451M with a portfolio of 38 US hotels and an offer price of 88 cents per share.
India's hotel start-up OYO is set to acquire the EU vacation rental firm @Leisure in a €370M deal with the German media group Axel Springer, other shareholders, with a transaction to be completed already in June.
On Thursday, crude oil price benchmarks declined. The main reason for the decline was the surge of the US Dollar. Meanwhile, some financial media blamed US production for the fall of the prices.