US unemployment benefits fell to a nearly four-month low the previous week; however, a record 32.9M people were collecting jobless checks in June's third week, supporting estimates for the labour market's slow recovery after the coronavirus.
Uber agreed to pay a fine worth $3.8M in Denmark in its settlement of breaching the local taxi law, according to the Danish police.
The EU antitrust regulators will pass their verdict on Alstom's bid to acquire Bombardier's transport business by July 31, after France's TGV high-speed train manufacturer offered an asset sale to address the competition concerns.
On Friday, the President of the European Council Charles Michel announced a plan for the European Union's long term recovery.
On Friday, China's electric vehicle battery maker CATL said that Japan's Honda would acquire shares from the company with the intention to jointly develop batteries for electric vehicles.
Muji's US division has sought the Chapter 11 bankruptcy protection, after the coronavirus pandemic hit the minimalist lifestyle brand hard, its owner Ryohin Keikaku announced on Friday.
Telecom Italia excluded Huawei Technologies from the 5G core equipment tender that TIM is preparing to establish in Brasil and Italy amid security threat concerns.
The British retailers face further 5000 job losses after Boots and John Lewis announced on Thursday that they had to close stores to survive.
According to sources with knowledge of the matter, the US cryptocurrency exchange Coinbase Inc has commenced plans for a landmark stock market listing.
According to the Bloomberg Law report published on Thursday, Wells Fargo & Co is planning to eliminate thousands of jobs.
The Sudanese transitional Prime Minister Abdalla Hamdok has replaced the foreign, energy and finance ministers, the government announced on Thursday.
The courier sector in China handled around 240M parcels every day in the second quarter of 2020, the same level as in 2019, data published by the State Post Bureau show.
The Italian public debt will increase to 155.7% of GDP in 2020 from 134.8% of GDP in 2019, a report published by the Bank of Italy shows.
The Bulgarian Industrial Production Index declined by 16.1% in May, compared to the same period the previous year, the country's National Statistics Institute reports.
The US tech giant Google plans to invest more than $900M in transformation of Italian small and large businesses, the Google CEO Sundar Pichai says.
The British pharmacy chain Boots plans to cut around 4,000 jobs and close 48 stores amid the coronavirus pandemic, a statement published by the company shows.
The credit rating agency Standard & Poor's reaffirmed its B sovereign credit rating for Mongolia, the country's Finance Minister Chimed Khurelbaatar says.
Wells Fargo & Co is set to pledge more than $400M for small businesses recovery after the coronavirus crisis, it stated on Thursday.
Twitter announced it was currently hiring web engineers, as it seeks to establish a new subscription platform, sending the company's shares up 7% to $35.31 on the news.
The US electric carmaker Tesla has got "very close" to the level 5 self-driving driving technology, its CEO Elon Musk announced on Thursday, referring to Tesla vehicles' capability to take on the roads with no driver input.
On Thursday, France's Alstom, the TGV high-speed train manufacturer, offered its French rail plant sale, intending to clinch the deal with Bombardier to acquire its transportation business by winning the EU Commission approval.
During Thursday's European trading hours, global stock indices surged, as a rally was led by the software giant SAP.
German exports rose less than anticipated in May on sluggish demand, despite the coronavirus lockdown had been lifted, according to data reported on Thursday.
Federal Reserve officials have raised concerns thatUS recovery might be stalled, while fresh business surveys marked developing risks from the endless coronavirus pandemic.