The Philippine economy expanded at the weakest pace in four years in the Q1, rising the likelihood the Central Bank will cut the key interest rate on Thursday.
Panasonic and Toyota Motor announced their plan to establish a joint firm to develop "connected" services, which can be used in urban development and homes.
Turnover of Siemens, the German industrial conglomerate, increased 4% to $23.4B in the second quarter of 2019 fiscal year, the company announced.
The UK companies' demand for staff grew at the slowest pace since 2012 in April, a survey revealed, suggesting the labour market strenght might be fading.
China's Producer Price Index rose 0.9% year-over-year in April, compared with 0.4% rise in March, the National Bureau of Statistics stated on Thursday.
The growth rate of Egypt's economy grew to 5.6% over the third quarter of the current fiscal year, compared with 5.4% in the same period of the prior fiscal year, the Minister of Planning stated.
Intel Corp shares declined 2.5% after executives announced expectations for the modest profit growth in the next three years, signalling it would lag large rivals, as the chipmaker caught up in technology.
Britain's property market revealed some signs of recovery last month, as houses put up for sale decline at the fastest rate since 2016, the RICS' survey showed, adding to downbeat signals from the market ahead of Brexit.
Eurostat stated that carbon dioxide emissions from combustion of fossil fuel decreased significantly 2.5% in the European Union in 2018, compared with the prior year.
Bob Swan, the Chief Executive Officer of Intel, stated that the chipmaker would produce and launch 7 nanometre chip products in the year of 2021.
General Motors is set to invest nearly $126M in the company's plant in Oshawa, Canada, to transition the factory from manufacturing vehicles to sub-assembly, stamping and autonomous vehicle testing.
The European Commission raised GDP growth forecast for Hungary to 3.7% for 2019 and 2.8% for 2020, supported by construction investments, official sources revealed on Wednesday.
German industrial production increased 0.5% in March, compared with the prior month, Destatis showed in the preliminary report.
Thomson Reuters reported stronger-than-anticipated quarterly profit, supported by demand for information sold to legal professionals, and reaffirmed the forecast for the rest of 2019 and 2020, with the shares up 1.9% to all-time high.
The US communications infrastructure firm Zayo Group stated that it agreed to be sold to investment companies EQT and Digital Colony Partners for about $8.2B in cash. Zayo shares were up 9% in pre-market trading.
Wendy's Co reported better-than-anticipated quarterly profit and revenue, as increased royalty fees from its franchisees and new premium burgers supported the burger chain, sending shares up 2%.
SSE stated that it would cut 444 positions or 5% of all employees in its customer service, metering teams as the company faces a stiff competition and a weak interest for its devices that could help diminish energy emissions.
The UK annual home price growth accelerated more than anticipated 5% year-on-year last month to reach its highest level in more than two years, Halifax stated.
The UK tobacco company Imperial Brands revealed weaker-than-anticipated sales of e-cigarettes, citing a lingering slowdown in the US, helping to send the company's shares to the lowest level this year.
Honda Motor announced its expectations for a 6% rise in operating profit for the 2019 fiscal year amid cost reduction efforts and production network's restructuring in Europe.
On Wednesday, Thomson Reuters reported a better-than-expected profit for a quarter, driven by strong demand for its information aimed at legal professionals, reaffirming its 2019 year's forecast.
Capitol Hill's US lawmakers and Sheryl Sandberg, Facebook's Chief Operating Officer, were set for a meeting on May 7 to discuss legislation on settling the standards for social media users privacy.
Match Group reported its quarterly revenue and profit results beat forecasts on a surge in the number of subscribers to the company's popular dating application Tinder, surging shares as much as 8% in extended trading.
Meng Wanzhou, Huawei's Chief Financial Officer, is set to attend a Canada court this Wednesday to launch a legal battle against the US request to extradite her to face the fraud charges.