On Thursday, the US stock markets started the day's trading session with a surge, which erased the previous day's Federal Reserve caused losses.
Verizon Communication topped its Q2 profit forecasts as the biggest US mobile carrier gained more monthly phone subscribers than estimated, the company reported on Thursday.
The number of applications for US unemployment benefits rose moderately 8K to 215K in the week ending July 27, beating analysts' estimates for a 212K surge from the previous upwardly revised 207K reading, according to the Labor Department.
On Thursday, the US refiner Marathon Petroleum reported its quarterly profit surged 5% to $1.11B, beating analysts' expectations, driven by more crude transportation via its pipelines and higher sales from the company's gas stations business.
Britain's accounting watchdog has fined the accounting firm KPMG £3.5M for failing to conduct an audit of the BNY Mellon bank client accounts properly, another penalty imposed on KPMG for its poor performance.
On Thursday, oil prices were declining due to a sharp surge of the value of the US Dollar. Due to that reason a re-evaluation of all commodity prices was taking place.
According to the UN food agency report published on Thursday, the global food prices declined for the second consecutive month in July after five months of gains in a row and tumbled by a slump in some dairy products, cereals and sugar.
On Thursday, Revolut, the digital finance business, is set to launch free share-trading service in Europe and the UK, seeking to expand its footprint in the brokerage-controlled market.
Beyond Meat's secondary offering of 3.25M shares will be priced at $160 for a share, the US meat alternatives company stated on Wednesday, seeking to raise $40M in new capital, as it plans manufacturing facilities expansion.
London Stock Exchange agreed to acquire the financial information company Refinitiv, the firm announced on Tuesday, signing a deal worth $27.0B that will turn the UK group into the market data giant.
Amazon.com was in exploratory negotiations with Reliance Industries-owned Reliance Retail for buying almost 26% stake in the Indian largest brick-and-mortar retailer, the Economic Times reported.
Britain accelerated preparations for a Brexit without deal, getting ready to spend an extra $2.6B to make sure the country is ready to leave the EU without or with a divorce deal at the October end.
Wearable device producer Fitbit lowered 2019 revenue forecast to $1.43B-$1.48B, compared with previous expectations of $1.52B-$1.58B, blaming weak sales of its cheapest smartwatches Versa Lite, sending shares down 16% on the report.
Japanese manufacturing PMI was at a 49.4, still below the threshold of 50.0 indicating expansion, deteriorating for a third month in July, a survey revealed on Thursday, showing how trade protectionism and weaker global growth were denting the economy.
On Wednesday, the US and China concluded trade talks, which ended with an announcement that China will increase imports of US agriculture goods.
On Wednesday, the results of a Reuters poll revealed that the GDP of Russian Federation is expected to grow this year by one percent, which would pressure the Bank of Russia to cut interest rates.
On Wednesday, as it was expected by the markets, the US Federal Reserve cut its base interest rate to 2.25% from 2.50%.
On Wednesday, Spotify announced better than forecast earnings. Despite it, the company's stock price decline, as it was revealed that the company added less than expected paid subscribers.
During the early hours of Wednesday's US trading session, US interest rate futures held steady, as traders continue to expect a Federal Reserve rate cut.
On Wednesday, US stock markets opened almost flat, as the financial markets were waiting for the US Federal Reserve interest rate announcement.
The e-commerce giant Amazon has agreed to acquire E8 Storage, Israel's storage technology start-up, in a deal worth up to $60M, with E8 Storage's employees to join Amazon Web Services centre based in Tel Aviv, according to the country's local financial media.
On Wednesday, Kraft Heinz announced it would reveal the results for the year's first half on August 8, which would be the packaged food company's first financial statement after disclosing $15B writedown on the Oscar Mayer and Kraft brands.
On Wednesday, German prosecutors announced they had brought charges against the former Audi CEO Rupert Stadler amid an inquiry into his involvement in Volkswagen's emissions test cheating row.
Roche and Spark Therapeutics have made a decision to extend the Swiss drugmaker's $4.3B takeover proposal for the US gene therapy specialist amid continuing regulatory reviews in Britain and the US.