The number of applications for US unemployment benefits dropped to 221K in the week ending May 26, while analysts anticipated a surge to 228K, following the prior month's 234K reading.
Uber Technologies, the US ride-hailing company, is seeking lenders to cut the pricing on its $1.13B term loan set for 2023, sources familiar with the matter said.
Alphabet's Waymo and Uber Technologies are in talks over establishing a partnership to use Waymo's self-driving technology on the Uber ride-hailing app.
On Thursday, Nokia announced it sold its digital health venture, including smartwatches and activity trackers, while the company's executive who wiped out the consumer businesses was set to leave Nokia after nearly a year in his position.
On Thursday, Petroliam Nasional Bhd, Malaysia's local gas and oil firm, stated it would buy a 25% stake in Canada's liquefied natural gas export project, a year after it had cancelled its own terminal.
On Wednesday, Ireland's airline Ryanair is likely to take a full ownership of Laudamotion's leisure airline over the next four years, the company stated on Wednesday.
The Defence Ministers of Russia and Israel met on Thursday and discussed the de-escalation zone of the southern region of Syria.
Representatives of Telegram messaging service have revealed that Apple has forbidden the app to update globally since Russian authorities ordered Apple to remove it from the app store in Russia.
On Wednesday, Australian company Sino Gas & Energy agreed to a $401M takeover bid from the US private equity group Lone Star.
CLS, the FX settlement provider, stated it had invested $5M in the New York-based blockchain consortium R3, taking a seat in the start-up's board of directors.
On Wednesday, Bear Creek Mining's CFO stated that Canada's miner would launch an IPO for the Peruvian unit in Lima to aid finance its $550M Corani silver project.
Suning.com, China's e-commerce company, has decided to sell its shares in Alibaba Group Holding worth $1.5B, reducing its stake to 0.51%, the company stated on Wednesday.
The technology titan Tencent is eager to tie up with China's real estate firm Dalian Wanda Group and ex-local unit Groupon amid the companies' intention to develop "smart retail".
On Wednesday, the Greek privatisations agency stated that Glencore Energy, Vitol Holding B.V. and three others have submitted an initial interest for a 50.1% majority stake in the Greek oil refiner Hellenic Petroleum.
Allergan is planning to sell its infectious disease and women's health businesses, as its CEO Brent Saunders seeks to halt a steep slide in the drugmaker's share price over the past year.
On Wednesday, 21st Century Fox announced it picked up July 10 to hold a special gathering for the stockholders to vote on the merger with Walt Disney.
Samsung Life Insurance stated that the company sold $1B worth of Samsung Electronics' shares, aiming to remove regulatory risks.
China's developer of facial recognition technologies SenseTime raised $620M in the latest funding round, valuing the business at above $4.5B.
Japan's industrial production fell short of expectations in April, official data revealed, adding to future concerns after the country's economy contracted in the Q1.
Alphabet's Google introduced a file managing application in some China's app stores, as the company sought to enter the largest smartphone market, where most of its top products were still banned.
Billionaire Warren Buffett proposed to make $3B investment in Uber Technologies, though the talks failed on disagreements about the deal's terms, sources familiar with the matter stated.
China's manufacturing sector expanded at the strongest pace in eight-month period in May, blowing prior expectations and weakening concerns about a slowdown of economic growth.
The Cairo-based Arab League condemns Israeli plans to build thousands of new settlements in Jerusalem, the assistant secretary general Saeed Abu Ali says.
Egypt's total foreign debts rose to $82.9B in end of the year 2017, a 4.9% increase compared to the previous six months, the Central Bank of Egypt says.