On Thursday, Merck reported a 1.2% drop in its Q1 profit, tumbled by a decline in visits to medical facilities due to the growing number of COVID-19 cases in the United States in January 2021.
Lufthansa has trimmed its flight capacity outlook for 2021 amid slow travel rebound following the pandemic, sending its shares 1.15% down early on Thursday.
On Thursday, global shares gained a lift following the Federal Reserve's statement that it was not the time yet to think over rolling back the economy's emergency support, and the US President Joe Biden's proposal of $1.8 trillion stimulus package.
Airbus has confirmed its plans on Thursday to raise the output of the planemaker's most-sold jets, sending its shares up 2.8% on the news.
On Thursday, Airbus reported better-than-expected Q1 core earnings but maintained its forecasts due to uncertainty during the COVID-19 pandemic.
China's Huawei Technologies has entered talks about gaining control over small local carmaker's electric vehicle unit, in a strategic move to expand more in the EV manufacturing.
Global electric vehicle sales accelerated in the Q1, but the industry still needs government help for building charging stations and imposing bans on fossil-fuel cars to keep this momentum going, the IEA stated on Thursday.
The European Investment Bank raised €100M from a two-year digital bond sale in a sign of attention from the capital markets in using blockchain technology.
BaFin, the German financial regulator, warned that Binance, one of the biggest cryptocurrency exchanges, risked being fined for offering security-tracking tokens without publishing an investor prospectus first.
General Motors announced deals with the main EV charging networks to provide its customers access to almost 60K charging points across Canada and the US.
Toyota Motor announced that it will invest $803M and add 1.4K positions at an assembly plant in Indiana to build two new larger SUVs.
Nestle is set to close a Fawdon factory in England, putting almost 600 jobs at risk, as the world's largest packed food corporation restructures its confectionery business in the UK.
Saudi Arabia was in talks to sell a stake of 1% in state oil company Saudi Aramco to an unnamed "leading global energy firm" as he expects a rebound after the pandemic.
Alphabet Inc reported a record profit of $17.9B for the quarter and a $50B share buyback, but expected an increase in usage and ad sales to slow as people continue in-person activities.
Tesla Inc announced that the market value of bitcoin it held as of March 31 was $2.48B, suggesting that it could make around $1B out of the investment.
On Wednesday, Boeing posted a smaller quarterly loss, as aircraft deliveries improved amid the air travel rebound from the COVID-19 pandemic.
The European Union watchdog is set to hit iPhone maker Apple with an antitrust charge this week over anti-competitive App Store policies, following the music streaming platform Spotify's complaint.
Pinterest reported its declining user growth had tarnished an initially robust quarterly report, sending the company's shares down nearly 10% on the report.
On Wednesday, Canada's Shopify reported its Q1 revenue skyrocketed as much as 110%, beating analysts' forecasts, driven by the profitability of its e-commerce platform during the 2020 COVID-19-related boom in online shopping.
On Wednesday, GSK reported it had beaten analysts' estimates for its Q1 earnings on strong demand for treatment in clinics after the COVID-19 restrictions eased.
On Wednesday, Spotify Technology said it expected its paid subscribers growth below Wall Street forecast in the current quarter, as the number of users was faltering after a surge during the lockdowns.
Advanced Micro Devices has lifted its annual revenue outlook, betting on robust demand for the chips used in personal computers and data centres, as AMD's CEO assured the firm could source the chips in spite of the global supply shortage.
Microsoft reported its quarterly sales came in line with analysts' forecast, while the company's profit exceeded expectations, but shares slid due to skepticism over the tech giant's heightened valuation around $2.0 trillion.
Alphabet Inc set another profit record for the second quarter in succession and announced its plans for a $50B share buyback, but said a demand for ad sales and usage may decline on easing coronavirus restrictions.