The unemployment rate in New Zealand reached a record high of 5.3% in September, data published by the statistics department Stats NZ show.
Net profit of BMW increased by 17.4% to €1.82B in the third quarter of 2020, compared to the same period the prior year, the German car producer reports.
On Wednesday, the US elections were plagued by misinformation spread online about the results after the President Donald Trump's false claims about his victory, while millions of votes were still uncounted.
Walmart and Comcast are negotiating the development and distribution of smart TVs, according to the Wall Street Journal's report.
Britain's largest domestic bank Lloyds announced it was cutting 1070 job positions, stepping up redundancies despite its profit rebound in the Q3.
Shares of Lyft and Uber Technologies rose 16% and 12% respectively on Wednesday after Wall Street cheered the companies' projected victory in the battle to set the gig economy's terms.
Subaru increased its operating profit outlook on Wednesday by over a third to $1.05B, as car sales in the US rebounded more than expected after the pandemic hit demand.
During Wednesday's European trading hours, crude oil prices rose almost 3%, as the US President Donald Trump claimed victory in Tuesday's elections.
Chinese regulators shocked retail investors who made bids of a record $3.0 trillion in Ant Group by abruptly suspending the planned stock market debut that deemed to become the world's largest IPO.
On Wednesday, S&P 500 futures turned down in volatile trade following the US President Donald Trump's claims about his victory in the election, despite millions of votes uncounted.
On Wednesday, the United States has formally exited the global climate agreement amid election uncertainty, fulfilling the President Donald Trump's years-long promise to withdraw the second-biggest greenhouse gas emitter in the world from the pact.
On Wednesday, BMW stated its Q3 profit surged nearly 10% on the growing demand for its luxury cars in China, adding it also reiterated its outlook.
On Tuesday, Thomson Reuters said in a statement that its revenue surged by 2% to $1.44 billion in the third quarter.
The United Kingdom and the European Union have failed to bridge the gap to secure a Brexit trade agreement.
As reported by the US Commerce Department on Tuesday, the US factory orders surged by 1.1% in September.
On Tuesday, Ant Group's mega $37 billion IPO in Shanghai and Hong Kong has been suspended by the Chinese regulators.
US stocks closed markedly higher on the country's presidential elections, while investors bet on the decision without a lingering process, leading to a deal on higher fiscal stimulus.
The UK oil major BP was close to selling its London headquarters for about £250M, as the COVID-19 pandemic forced it to cut costs, the FT reported.
Global equity markets jumped on bets of raised stimulus if Democratic nominee Joe Biden wins the US presidential election against Donald Trump.
China suspended $37B stock market listing of Ant Group, after executives were told the company's online lending business would run into tighter scrutiny.
Oil prices grew over 2%, advancing with other markets on the US Election Day, though traders braced for volatility depending upon the voting results.
The US dollar fell on Tuesday, as risk appetite increase over bets that Joe Biden is likely to win the US presidential election and launch a new stimulus package.
Thomson Reuters reported its Q3 revenue surged on its corporates and legal division gains, as cost reductions helped lift the free cash flow forecast for 2020.
On Tuesday, Volkswagen has rolled out two ID.4 electric SUV models in China, taking on Tesla in the largest car market in the world.