Microsoft began to send layoff notices to employees with the most of them involved in marketing and sales operations and mostly located outside US.
Microsoft Corp stated that the company was willing to cut thousands of jobs, mostly outside of the US, to reorganise its marketing teams and sales.
According to the WSJ, the energy unit of the Berkshire Hathaway Inc has neared a deal to purchase Oncor, electric delivery company.
According to the Spanish police, a man who had shot two police officers with a rifle in Gava, Barcelona's province, had been arrested.
According to the Atlanta Fed's GDP forecast model, the US economy would expand at 2.7% annualised pace during the second quarter of 2017 amid latest vehicle sales data and trade balance.
The US President Trump has arrived in Hamburg for the G20 summit risking initiation of the wrath of the anti-capitalist demonstrators and isolation on the climate policy.
According to the NADA, the US new vehicle sales would reach annualised rate of 17.1M units in 2017, if automakers bring under control high inventory levels.
New AIG's global COO would receive the sign-on bonus of $15M, apart from the annual base salary of $1.25M, reported the largest US casualty and property insurer.
According to TheCityUK, Britain would lose European Top Financial Center's status unless the government keeps its borders open to specialists and strengthens links with emerging economies.
The ISM reported on Thursday that its PMI for the US non-manufacturing sector rose to 57.4 points in June, up from the previous month's 56.9, while analysts anticipated a drop to 56.5.
The US trade gap narrowed to $46.5B in May, compared to the prior month's deficit of $47.6B, whereas analysts anticipated a slightly bigger decrease to $46.3B.
Canadian building permits surged 8.9% in May, following the preceding month's rise of 0.5% and topping expectations for a 2.5% increase.
The number of Americans filing for unemployment aid rose 4K to 248K in the week ended June 30, while analysts anticipated a decrease to 243K.
On Thursday, the European Union and Japan came to an agreement to sign a free trade deal as a resistance signal to the US President Donald Trump's protectionist turn.
France is aimed to become carbon neutral and terminate the diesel and gasoline vehicles' sale by 2040, according to the Minister of Ecology Nicolas Hulot.
On Thursday, Symantec stated it was planning to buy Israeli cybersecurity firm Fireglass amid company's intention to boost its web browser and email protection products.
US private companies created 158K new positions in May after adding 230K jobs in the prior month, missing analysts' forecasts for 184K of jobs.
The Qatar Airways CEO Akbar al-Baker stated that he was aiming to start buying the American Airlines shares in the nearest future, adding that it would depend on the price of a share.
According to IATA, global air passenger traffic demand surged 7.7% in May amid record-high current month's load factors posted by almost all regions, excluding North America and the Middle East.
China's President Xi Jinping stated that his country fully supported South Korea in its efforts to restore talks with North Korea on its nuclear missile programme.
On Thursday, a powerful 6.9-magnitude earthquake shook Tacloban city in the Southwest of the Philippines; however, no casualties had been reported yet.
In a news conference with the Polish President Andrzej Duda on Thursday, the US President Donald Trump urged once again its NATO partners in Europe to increase spending on defence.
PrivatBank said on Thursday that Ukrainian law enforcement officers were supervising a 'planned' search at its offices due to ongoing anti-corruption investigation.
On Thursday, China urged all sides to stay calm and exercise restraint after the United States claimed it was prepared to use force on North Korea to halt its nuclear missile programme.