Amazon.com Inc will acquire the self-driving start-up Zoox in a deal worth $1.0B, aiming to pave the way for the e-commerce giant's expansion into self-driving technology.
Volvo Cars Group and Waymo will partner to develop an autonomous electric vehicle aimed at ride-hailing use, with Waymo focusing on AI and certain hardware, while Volvo will design and manufacture the cars.
Harley-Davidson is set to slash around 140 job positions in the US, as the motorcycle maker seeks to adjust its production volumes.
China's Huawei Technologies received a green light for building a $1.2B worth research and development centre in Britain that will employ about 400 people, the company said.
The IT consulting group Accenture exceeded analysts' expectations for its Q3 profit and revenue on Thursday, anticipating strong bookings for the company's current quarter and sending the shares up around 8%.
Olaf Scholz, the German Finance Minister, demanded regulatory rethink after the Wirecard collapse that unveiled a hole in the payments company's books and left it owing about $4.0B to creditors.
On Thursday, Blackstone Group named Alphabet's Chief Financial Officer Ruth Porat as a new member of its board of directors.
The ECB policymakers defended the $2.24 trillion of government bond purchases, the European Central Bank said in its minutes of the June 4 meeting.
On Thursday, the Norwegian PM Erna Solberg announced that Norway would lift travel barriers on the European nations that meet conditions regarding their coronavirus situation from July 15.
On Thursday, Wall Street's main indexes edged lower, as signs of an acceleration in coronavirus cases in the United States kept investors on edge.
On Thursday, global equity markets edged lower, as concerns about a surge in COVID-19 cases in the US outweighed support from a gradual reopening of global economies.
The France-based luxury clothing brand owner Kering declared to open a chemical laboratory in Tuscany, Italy. The beginning of work planned in early 2021.
After filing for insolvency on Thursday, the recently troubled German financial services provider Wirecard is stated to have $4B debt to its creditors.
Macy's Inc is planning to lay off around 3,9K workers in management and corporate positions with intention to help counter some of the COVID-19 pandemic's losses.
Orange's banking unit is likely to replace the company's partnership with Wirecard, the stricken German payments firm, already this August, its senior executive stated on Thursday.
On Thursday, Wirecard has filed for insolvency following disclosure of a $2.1B financial hole in the payments company's accounts, becoming first DAX member to fail.
Ford Motor and Vodafone Group have teamed up over private 5G network in the United Kingdom at the automaker's electric car battery facility, both firms announced on Thursday.
On Thursday, Lufthansa shares surged as much as 10% after the key shareholder approved the $10B government bailout for Germany's carrier, Reuters reported.
Retail giant Amazon is set to expand its Australian operations building a new warehouse in Sydney, while also exploring locations for its giant facility planned in Melbourne, according to the Australian Financial Review.
The Philippines will investigate Wirecard's missing $2.1B, after it said that the ex-COO of the German payments company, Jan Marsalek, might be in the country.
On Thursday, Tencent announced it had acquired Malaysia's Iflix, the video streaming platform, in a deal that would help to expand its footprint in Southeast Asia.
Tesla Inc is planning to establish a battery manufacturing facility, based in California, under a project called "Roadrunner", official documents showed.
Mitie Group was in advanced discussions to buy facilities management arm of Interserve for more than £250M, Sky News reported.
Telecom Italia stated that it was set to cash in €1.6B from selling stakes in mobile tower group INWIT, as the phone group pushes ahead with debt reduction.