By the end of Thursday's European trading, crude oil prices traded almost flat, as news from the US and OPEC balanced one another's impact on oil.
On Thursday, risk-off sentiment was present in the markets. The sentiment boosted the Japanese Yen and limited stock gains.
Tougher emissions rules are expected to hit Daimler's profits next years, prompting the carmaker to seek €1B in savings by cutting jobs at Mercedes-Benz business by the 2022 end.
The US Producer Price Index increased 0.4% in October, the biggest rise since April, supported by higher costs of goods and services, further bolstering the Fed's stance not to cut rates again in the near term.
Asda, the UK supermarket unit of the US retail titan Walmart, reported on Thursday its comparable sales dropped 0.5% in its fiscal Q3, blaming uncertainty related to Britain's exit from the EU bloc that negatively affected its spending patterns.
Ford Motor Co will be using the Mustang name for the carmaker's new electric SUV, calling it Mustang Mach-E and planning to trigger the car order in the US, Canada and EU starting November 17.
On Thursday, OPEC stated it is expecting a smaller oil surplus of 70K bpd in 2020, but still sees a drop in demand for the crude oil to 29.58M bpd.
On Thursday, the Vice President of the European Central Bank Luis De Guindos stated that the ECB should widen its monetary policy tool list. The news were understood as a signal of more monetary easing.
Apple's Heart study has revealed that the tech giant's wearable device Apple Watch is able to detect atrial fibrillation accurately, helping people to identify potential heart problems.
Tencent Holdings reported a 13% plummet in its quarterly profit affected by weaker smartphone games business and decline in computer games and media advertising revenue.
Carl Icahn, the activist investor, has acquired $1.2B HP Inc stake, pushing for the PC maker's merger deal with the printer producer Xerox Corp, according to the Wall Street Journal.
One of the Japanese key internet firms, SoftBank's Yahoo Japan, has confirmed on Thursday it entered merger talks with Line Corp amid company's expansion of its payments and e-commerce services.
Foxconn, a major supplier to Apple, posted a stronger-than-expected 23% increase in quarterly profit and forecast moderate growth in the core business in 2020.
Apollo Global Management stated that it agreed to acquire Tech Data, the US information technology equipment distributor, in a $5.4B valued deal.
The Federal Trade Commission started a preliminary inquiry over Mastercard and Visa for likely prohibiting merchants from other debit networks' usage.
On Wednesday, the Chairman of the Federal Reserve Jerome Powell announced that the US economy can expect a sustained expansion.
On Wednesday, Walt Disney Company released its Disney+ streaming service. The event caused a surge of Disney's stock price.
During the Wednesday's US trading, crude oil price benchmarks moved higher. The surge was caused by OPEC announcing that US oil production should grow less than previously expected.
Z Holdings Corp, the Japanese internet company, is planning a merger deal with the messaging app provider Line Corp, seeking to form the e-commerce titan spanning retail, finance and other services, according to the Nikkei business daily.
Alphabet's Google is planning to roll out personal checking accounts already next year in its cooperation deal with Citigroup Inc and Stanford University's small credit union, a report showed on Wednesday.
On Wednesday, Jitse Groen, Takeaway.com's Chief Executive, stated he was not eager to increase a $5.5B bid for the British takeaway food delivery operator Just Eat, despite the fact its largest rival Prosus made a higher unsolicited offer for the firm.
US federal regulator has triggered a probe into the Google-Ascension Health's cloud computing deal, which would provide Google with the detailed health patients data, according to the Wall Street Journal.
Apple's CEO Tim Cook and the US President Donald Trump are planning to tour Apple facilities located in Texas next week amid companies showcase that keep job positions in the US.
On Tuesday, Tesla's CEO Elon Musk stated the electric car producer would likely construct the new Gigafactory 4 vehicle factory in the "Berlin area."