The German carmaker Volkswagen AG forecasts a mild growth in the Chinese premium auto segment in 2020 despite a decline in the broader market sales, VW's senior executive said.
Netflix appointed Ted Sarandos, its content chief, as a co-Chief Executive Officer, making him a successor to Reed Hastings, the streaming video service reported.
On Thursday, the British Airwayys announced that it would scrap its fleet of Boeing jumbo jets.
On Thursday, American Airlines and JetBlue Airways announced they would form a strategic partnership, seeking to bolster flying options in Boston and New York and build a "growth engine" to help recover from the coronavirus pandemic.
Bank of America's profit more than halved in Q2 as the bank set aside $5B for covering potential loan losses, warning it would struggle while interest rates remained low.
On Thursday, Instagram has launched its new shopping feature for app's users in the US to browse and purchase products from creators and brands without a necessity to leave the platform.
As the drive-through services have proven to be more financially lucrative than the dine-in restaurants, Chipotle is planning to hire 10K employees and build new drive-through lanes.
The US e-commerce corporation is planning to hold a meeting on Friday to sort-out a buyer for their classified advertisement business, expected price up to $10B.
The share price of Twitter Inc declined 3% in early Thursday on news of the US social networking service's internal systems hack.
Morgan Stanley reported a better-than-anticipated rise in its quarterly profit, boosted by robust trading gains triggered by the coronavirus outbreak that had driven record swings in the world's financial markets.
On Thursday, Johnson & Johnson raised its annual profit outlook and topped analysts' expectations for its quarterly earnings due to strength in J&J's pharmaceuticals unit that covered a deep fall in its medical devices' sales.
World's top oil firms, such as Saudi Aramco, Exxon Mobil and China's CNPC, have set targets to trim their joint greenhouse gas emissions for the first time due to rising pressure on the climate stance in the sector.
China has vowed "necessary measures" in response to the UK's "discriminatory" ban imposed on Huawei Technologies, as it severely damaged the country's investment confidence, according to China's Commerce Ministry.
GVC Holdings announced on Thursday its long-time CEO Kenny Alexander will depart after 13 years being at this role and building the group into world's top largest gambling businesses.
On Wednesday, Zalando, the German online retailer, has raised its full-year earnings guidance, as the COVID-19 pandemic encourages more people to do shopping online.
China's economy has returned to its growth in the Q2 after a deep plunge at the current year's start, but investment and domestic consumption remained sluggish as the coronavirus crisis had hit hard the country's sectors.
Tesla's car registrations in California nearly halved during the Q2, as the coronavirus outbreak affected car sales and production, data from the marketing research firm Cross-Sell showed.
Google said that its corporate Gmail customers will be able to edit files without leaving the email service, aiming to attract clients from rivals by making tools more integrated.
The government of France is set to cut taxes French firms have to pay in addition to corporate income tax by €20B over the next two years.
The combined company resulting from the merger of France's Peugeot owner PSA and Fiat Chrysler Automobiles is expected to be called Stellantis, the automakers announced.
Germany's online fashion retailer Zalando raised its full-year earnings guidance, expecting GMW to jump 20% to 25% and revenue growth of 15% this year.
Luxury brand Burberry announced that it would slash nearly 500 jobs globally, including 150 UK-based office roles, as it expected no rapid recovery in demand.
Canadian home sales grew 63% in June from the prior month, the Canadian Real Estate Association stated, as buyers and sellers kept returning to the market after lockdowns.
Navistar International acquired a minority stake in TuSimple and intended to co-develop self-driving trucks by 2024 to roll out the US autonomous freight network.