3M, the US manufacturing conglomerate, announced on Thursday its would cut 2K jobs globally after reporting the a lower-than-expected Q1 profit and lower its 2019 earnings estimates amid the key market's worsening performance.
On Thursday, Chipotle Mexican Grill stated it had received new subpoena from the US federal prosecutors, seeking information about the illness incident that left too many people sick in Ohio restaurant last year.
The UK PM Theresa May's government seeks to receive the Brexit deal approval from the Parliament by July, before the new EU Parliament opens, David Lidington, May's de-facto deputy stated on Thursday.
Nasdaq index has been on course to launch at its record-high on Thursday due to strong tech results from Microsoft and Facebook, while a shares drop of the industrial conglomerate 3M hit Dow futures.
On Thursday, Canada's Bombardier has trimmed its full-year profit and revenue forecast due to delays in some planemaker's large projects that affected its dominant transportation division, which builds rail cars.
Drugmaker AbbVie reported on Thursday its Q1 revenue results of $4.45B topped Wall Street's estimates for a drop to $4.38B, as a sales decline of its rheumatoid arthritis drug treatment Humira was not as sharp as expected.
The mobile operators Orange and Vodafone are set to expand the network-sharing deal in Spain to cover small towns and enable the 5G technology's faster deployment, Vodafone announced on Thursday.
The German carmaker Volkswagen's joint venture with China's JAC is planning a $750.8M investment in its new electric vehicle plant in the eastern part of Hefei city, after receiving an approval from the Chinese environmental authorities.
Deutsche Bank and Commerzbank announced on Thursday that they have ended discussions to merge with no deal reached.
On Thursday, global equity markets edged lower, as investors and traders absorbed the European earnings report and concerns about the world economy growth.
The French luxury group and Gucci brand owner Kering is nearing an agreement to pay up to $1.6B to settle the lawsuit with Italy's authorities regarding unpaid taxes by Gucci, which is set to be signed during the first days of May.
Commerzbank and Deutsche Bank have terminated their merger talks with no deal, both banks announced on Thursday, citing restructuring costs, capital recruitments and execution risks.
On Wednesday, SoftBank announced it had made an investment worth $125M in Alphabet's business for the cellphone antennas in the atmosphere, set to provide the Internet in the areas, which were difficult to reach.
The investment fund Asterion has become the leader among potential bidders for the Spain telecoms operator Telefonica's data centre business, El Confidencial newspaper reported, adding Asterion is set to pay €600 for the deal.
Ross McEwan, the CEO of Royal Bank of Scotland, resigned on Thursday after over five years at this position, making the bank to search for a new CEO, it announced in a statement.
On Thursday, Nikkei reported that Japan's Hitachi plans a sale of its listed chemical arm, which has a market value of $4.87B, amid the company's intention to streamline the business portfolio.
On Thursday, UK competition regulator has banned the Sainsbury's proposed £7.3B takeover of Asda, resulting in a huge blow to the companies that intended to overtake the market leader Tesco by their merger deal.
Slack Technologies is set to unveil its filing for listing prospectus on the New York Stock Exchange as early as this week, after it had confidentially applied for public share listing in February, the Wall Street Journal's said on Wednesday.
The China's Ambassador to Peru Jia Guide stated on Thursday that in the upcoming days the country is expected to sign a memorandum of understanding, thus joining the Belt and Road initiative (BRI).
According to sources familiar with the matter, Panasonic Corp is planning to upgrade one of its plants in Japan in order to start producing more sophisticated battery cells for Tesla's self-driving cars.
LG Electronics Inc stated on Thursday that it has decided to end phone production in South Korea and manufacturing it to less costly Vietnam.
On Thursday, the Bank of Japan kept its monetary policy unchanged and reaffirmed its intention to keep low interest rates at least for the next year.
The South Korean economy shrank unexpectedly in the Q1, showing the worst performance since the financial crisis, as companies cut investment and exports dropped in response to Sino-US trade tensions and weakening Chinese demand.
Facebook reported its profit in the first quarter above Wall Street estimates and set aside $3B for a settlement with the US regulators, calming investors, who were worried about the outcome of a federal probe.