Nokia declined to comment on a report made by media saying the company has hired an investment bank as it seeks to defend itself from a potential hostile takeover, sending its shares up 12.5%.
Boeing Co is planning to resume the production of its commercial airplanes starting next week after the planemaker suspended its operations last month due to the coronavirus outbreak.
Apollo Global Management, the private equity firm, has registered the cloud company Rackspace Holding for IPO that could potentially value it at over $10B, including debt, according to Reuters.
DHL was struggling to cope with flood of packages from online purchases amid the COVID-19 crisis, forcing the company to cut back additional collections from retailers in Germany.
Swiss supervisor FINMA received an application from cryptocurrency project Libra for payment system licence, after the watchdog announced a revamp of payments system.
Verizon Communications Inc announced that it agreed to buy video-conferencing firm BlueJeans Network, a competitor of Zoom, for less than $500M.
Ford Motor stated that its vehicle sales in China declined 34.9% year-on-year to 88.7K units in the Q1, as the COVID-19 epidemic affected demand in the country's auto market.
The HKRMA stated that about 1/4 of retail stores in Hong Kong were expected to close by 2020 end despite new government measures against the fallout from the COVID-19 pandemic.
Canada's factory sales grew unexpectedly 0.5% in February, after five months of decreases, even as the COVID-19 outbreak and rail blockades affected supply chains.
Canada trimmed 177,300 job positions in March, including cuts in trade, leisure and hospitality, as well as transportation and utilities, amid the coronavirus crisis that hurt the global economy, according to ADP's report published on Thursday.
Abbott Laboratories reported on Thursday its quarterly profit dropped as much as 16% to $564M due to its annual forecasts suspension and a tax expense caused by the coronavirus crisis.
On Thursday, Morgan Stanley reported a 32% plunge in its quarterly profit as the financial holding company's businesses were hit by the economic fallout amid the COVID-19 pandemic.
Uber Eats is expecting a 59% surge in orders for its March grocery delivery across Europe, compared with the prior month's reading, as EU countries had locked down to battle the coronavirus.
On Thursday, the People's Bank of China stated that it would cut the bank's reserve requirement ratios.
Lyft has launched its on-demand meal, grocery and medical supplies service in some of the US city, as many Americans are staying at their houses amid the coronavirus outbreak.
Xilinx Inc, the US semiconductor firm, has become Samsung Electronics' new chip supplier for its 5G networking equipment after winning the deal, the financial terms of which are not disclosed.
The US President Donald Trump is set to announce new guidelines on reopening the US economy during the news conference later on Thursday, after the country passed its peak on new registered coronavirus infections.
Alphabet's Google CEO Sundar Pichai stated the tech giant would slow down the pace of new staff hiring until the next year, a Bloomberg report showed on Thursday.
Best Buy announced that it is set to furlough about 51K US store employees, adding that its sales fell nearly 5% in the first two months of the current quarter.
Volkswagen announced that factories producing cars Germany and Slovakia will restart production on April 20, with other locations relauching from April 27 onwards.
Toyota Motor Corp. is set to resume production at the company''s Onnaing plant in France on April 21.
Harley-Davidson temporarily laid off some of the company's global production employees and implemented salary cuts, aiming to lower costs, as the coronavirus outbreak hurt the business.
Cyprus raised €1.75B from issuing long-term bonds as the country plans to inject additional funds in the economy amid the pandemic, the Finance Minister Constantinos Petrides says.
World trade is expected to decline sharply in 2020 amid the coronavirus pandemic, a statement published by the World Trade Organization shows.