LG Display reported a Q3 operating profit of $145M, topping expectations and ending a six-quarter-long run of loss and driven by Apple's new iPhone shipments and higher demand for tech devices.
On Thursday, Saudi Arabia stated it had signed three MoUs (memorandums of understanding) with Huawei, Alibaba and IBM on artificial intelligence, not providing any further details.
Apple expands the "Express" retail store format ahead of the upcoming holiday season, as the tech giant seeks to get its new iPhone 12 devices into customers' hands, Apple's retail chief stated on Thursday.
On Wednesday, the cyber-security company McAfee sold its shares in IPO at $20 for a piece to raise as much as $620 million, Reuters reported on Thursday.
Adidas has plans for the sale of its Reebok division, according to Germany's manager magazin report seen on Thursday.
During Thursday's European trading hours, crude oil prices fluctuated sideways, as a decrease in retail demand was offset by the US increasing inventories.
On Thursday, Amazon.com announced a $100M logistics investment in Mexico's new warehouses, including the retailer's first shipping centres outside the capital area, as the company seeks offering faster deliveries.
Exxon Mobil is likely to unveil job trims after completing appraisals of its workforce in Canada and the United States, according to its CEO statement.
Tesla reported the fifth quarterly profit in succession on the $8.8B record revenue, driven by a surge in car deliveries and environmental regulatory credits sales to other carmakers.
China called on Sweden to reverse its Huawei and ZTE ban from the 5G spectrum auction, as it seeks avoidance of "negative impact" on the Chinese companies.
Bob Iger, Walt Disney's Co-Executive Chairman, is joining the board of Perfect Day, the animal-free dairy maker, along with other co-founders Perumal Gandhi and Ryan Pandya, the company said in a statement.
Amazon.com extended work from home option until June 2021 due to the rising number of the COVID-19 cases.
Snap shares surged as much as 23% on Tuesday after Snapchat's owner topped revenue and user growth outlooks due to app's rising demand during the COVID-19 pandemic.
Salvatore Ferragamo's family owners held informal negotiations with financial investors over a minority stake sale in their holding company amid their intention to turn around the Italian fashion house and cope with coronavirus fallout.
Uber, the ride-hailing company, offered over €1.0B for Daimler-BMW's joint mobility services unit Freenow, according to Manager Magazin's statement made on Wednesday.
On Wednesday, PayPal Holdings has entered the cryptocurrency market, allowing its customers to hold, buy or sell bitcoin as well as other virtual coins via PayPal's online wallets.
On Wednesday, Italy's Prada announced it had named Malika Savell as the luxury group's chief diversity officer for North America, amid its plan to make the company more inclusive.
On Wednesday, China's regulator has granted its approval for Ant Group's planned listing in Shanghai, potentially the biggest IPO in the world, beating the record by the Saudi Aramco $29.4B float last December.
Gap Inc is looking at shutting down stores in some EU countries, as the company aims at saving cash amid its battle with a sales drop caused by the coronavirus crisis.
On Wednesday, Verizon Communications topped forecasts by adding more monthly paid subscribers than anticipated amid rising demand during the work-from-home period.
On Wednesday, the exchange operator Nasdaq posted a 76% rise in its Q3 profit, driven by its non-trading businesses' strength and an increase in trading volumes.
Ericcson, the telecoms equipment supplier, topped its quarterly core earnings outlook on Wednesday, driven by margin gains and China's 5G launch, adding it is "more confident" over meeting this year's targets.
During Wednesday's European trading hours, European stock indices declined, as healthcare and construction sectors reported losses.
Spain's renewable energy company Iberdrola announced on Wednesday it was planning an expansion in the United States with n acquisition of the PNM Resources utility through its US arm Avangrid valued at $8.3B including debt.