The Bureau of Labour Statistics reported on Thursday that its PPI dropped 0.1% in December, after rising 0.4% in the preceding month, whereas analysts anticipated a 0.2% gain.
Statistics Canada reported on Thursday that its National House Price Index rose 0.1% in November, following the prior month's gain of 0.1% and missing analysts' expectations for an increase of 0.2%.
Saudi Arabian authorities have announced that the government is taking control over Saudi Binladin Group. Moreover, some of the group's assets might get handed over into state ownership.
Walmart has announced that the company will raise entry level wages. The hourly wage will be $11 an hour. The Trump tax overhaul is stated to be the reason for the wage raise.
The watchdog of European financial markets on Thursday criticized credit rating agencies, announcing that they are not providing enough clarity in regards to their fees.
The jump of the Euro against the rest of the currency markets on Thursday was caused by the European Central Bank. The bank issued guidance of future actions.
Toyota and Mazda car producers on Wednesday announced plans to build a $1.6 billion worth factory in the US state of Alabama. The event is seen as a boost to US President Donald Trump, who wants car making to return to the US.
Delta Air Lines reported larger than expected fourth quarter earnings. The results were beat due to more people flying over the holiday period.
On Thursday, Germany, France, Britain and European Union jointly called the White House to respect terms of the Iran nuclear agreement, adding that their Eastern partner has a right to enjoy benefits from the deal.
According to the UK Prime Minister Theresa May's spokesman, Britain will not organize a second referendum on Brexit; he added that the government is working hard to negotiate the "best trade deal" for the British citizens.
According to the South Korean President Moon's office, the leader of China Xi Jinping supported inter-Korean negotiations, adding that the normalization of relations should "go in parallel" with the denuclearisation of the peninsula.
The Kremlin spokesman Dmitry Peskov said on Thursday that Russia did not meddle into Mexican internal affairs on the eve of presidential elections, thus denying the allegation made by the US National Security Adviser General McMaster.
According to market research conducted this week, the British retailer Tesco did not hit its sales forecasts for Christmas week, as low demand on general goods undermined revenue generated from food sales.
The world's most popular digital currency Bitcoin lost more than 10%, as South Korea's government revealed its plans to forbid cryptocurrency trading due to concerns over tax evasion on local exchanges.
According to a report authorised by the Mayor of London, the UK could lose around 500 000 jobs and £50B in twelve years if it does not agree on a trade deal with the EU.
The British retailer Tesco reported on Thursday a 1.9% increase in its like-for-like sales in the UK during Christmas; however, market forecasts were not met.
EU officials are set to reaffirm their support for the Iranian nuclear deal on Thursday, thus conveying an opposing message to the US that has rejected the agreement.
The Cyberspace Administration of China announced that Alibaba's payment affiliate Ant Financial had failed to comply with the country's standards on personal information security.
Tokyo stocks were trading lower in the Asian session on Thursday, as speculations about the end of Japan's quantitative easing were pressuring the Yen lower for the second day.
China and Cambodia have signed 19 new aid and investment agreements, thus strengthening their financial cooperation that is estimated to reach $6B by 2020.
Ford Motor stated that it would make auto emergency brakes on two key next year's models, in a bid to keep pace with rivals in providing the new technology for avoiding vehicle collisions.
The South Korean firm LG Electronics intends to start operating new washing machine factory in the US in the December quarter of 2018, the company's CEO stated.
Canada was even more convinced that the US President Donald Trump is likely to announce that his country intends to withdraw from NAFTA, two government sources stated.
Nvidia stated that it updated the software for graphics processors in reply to the security threat, but noted that the company's chips were not at the same risks as Intel's.