Qualcomm Inc expressed its concerns over Chinese coronavirus outbreak that poses a possible threat to the smartphone industry and might have a potential impact on sales and manufacturing.
China's Huawei Technologies has brought legal action against the US carrier Verizon Communications, alleging the company illegally used 12 of Huawei's patents without authorisation.
On Thursday, Fiat Chrysler reported a 7% increase in its Q4 profit, driven by robust business in North America, as well as better readings in Latin America ahead of its merger deal with France's PSA Group.
The US initial claims for unemployment benefits plunged 15K to the seasonally adjusted 202K in the week ending February 1, the lowest level since April 2019, according to the Labor Department.
On Thursday, BMW stated it would ramp up its production of electric car powertrain components at the company's factory in Bavaria, increasing the numbers of staff to 1,4K this year.
ChargePoint, the leading EV charging network, has teamed up with a trade group representing the US truck stops and travel plazas announced their plan to leverage $1B via private and public funding sources to encourage the EVs' broader adoption.
Vodafone is set to remove Huawei technology from its European networks after the UK's decision to restrict the company's role in 5G and new EU guidelines on the equipment.
John Wood Group's industrial services unit is likely to be sold to Kaefer for a nearly $104M initial cash consideration, which will be used to cut the firm's debt.
InterActiveCorp stated that its quarterly revenue grew nearly 10% to $1.22B, marginally below estimates, affected by weakness in the digital media home services platform and applications business.
During Thursday's Asian and European trading hours, global stock indices surged, as China cut trade tariffs, and the markets began to ignore the coronavirus.
On Thursday, crude oil price benchmarks moved higher, as optimism caused by a report of the existence of a coronavirus cure pushed up all commodity prices.
During Thursday's Asian trading session, the Bank of Thailand unexpectedly cut interest rates to a record low.
On Thursday, Total reported better than forecast quarterly earnings. The announcement caused a three percent surge of the company's stock price.
On Thursday, China announced that it would divide tariffs on some of US imports starting from 0501 GMT on February 14.
Dominic Raab, the UK Foreign Secretary, said that he hopes a quick free trade agreement with Australia would be one of the first deals to achieve now that the United Kingdom has formally left the EU.
Cognizant Technology Solutions reported that its profit fell 39% to $395M in the Q4, as financial firms spent less on the company's IT services.
Domino's Pizza reported its sales rising 3.7% to £352M in the Q4, owing to increasing demand, though warned that it awaits substantial impairment charges for last year.
Spotify expected current quarter revenue between from €1.71B to €1.91B, below estimates for at least €1.90B, as the company spends more funds on promotions.
New vehicle registrations in the UK decreased 7.3% year-over-year to 61.7K in January, reversing a jump in December, industry figures revealed.
AWS, the Amazon.com's cloud computing unit, is set to invest $236M in Brazil's Sao Paulo in the next two years to strengthen the company's infrastructure in South America.
Coty beat forecasts for quarterly revenue and profit, as the company sold more products for nail care in Europe, sending shares up 10% in premarket trading.
The US trade deficit declined for the first time in six years, falling 1.7% to $616.8B in 2019, as the trade war with China affected the import bill.
Airbus announced on Wednesday that the company has halted production in its assembly factory in China, Tianjin.
On Wednesday, as the new CEO Bernard Looney of BP started his first day of work, the London office of BP was shut down due to protestors blocking the entrance.