Toyota Motor reported its Q2 operating profit plunged as much as 98% to $131.73M, the weakest Q2 profit in the last nine years, tumbled by the coronavirus pandemic that hit the carmaker's vehicle sales.
ViacomCBS Inc surprised Wall Street with higher-than-expected results of its Q2 profit and revenue on Thursday, driven by robust demand for streaming and sending its shares up 7% on the news.
Facebook has launched "Reels", its own TikTok-like feature within the Instagram app in the US and over 50 other countries, the company announced on Thursday.
On Thursday, Uber announced it would acquire Autocab, the UK tech company, in a deal that could allow the ride-sharing app to reach its customers where the service did not currently operate.
China's TikTok is planning to open the first EU data centre based in Ireland with the €420M investment, the popular short-video app stated on Thursday.
On Thursday, Adidas stated it expected profit rebound in its Q3 after it dropped to a major loss in the previous quarter due to the COVID-19 lockdowns.
On Thursday, Japan's Nintendo posted a 428% surge to $1.37B in its Q1 profit, boosted by higher demand for its Switch console during the coronavirus lockdowns.
Capri Holdings posted a smaller-than-anticipated quarterly loss due to demand recovery for its Jimmy Choo and Versace brands in China, as well as jump in online shopping.
Teva Pharmaceutical Industries reported its Q2 profit topped forecasts by two cents, reaffirming its outlook for the current year despite uncertainty caused by the coronavirus crisis.
Brazil's Embraer reported its commercial aviation revenue dropped by 82% to $109M in Q2 due to a hit by the coronavirus pandemic.
US services sector activity gained its momentum of 58.1 last month, the strongest reading since March 2019, as new orders surged to their record high, ISM reported.
Samsung Electronics launched its new Galaxy Note smartphone and a new foldable phone version, the Z Fold 2, hoping to restore the ground against competitors Apple and Huawei on the back of recovering from the pandemic slump.
Zynga Inc has raised its annual bookings outlook after beating quarterly forecasts on Wednesday, driven by robust engagement from players during the coronavirus lockdowns and its recent takeover of Peak, the Turkish mobile-game maker.
Nissan Motor and the unions at Barcelona plants agreed to postpone until December 2021 the closure of the company's three plants.
Steel consumption in the EU declined 12% year-over-year in the March quarter, as the coronavirus pandemic worsened the situation, industry group Euroferstated.
ChargePoint, one of the oldest and biggest EV charging networks, closed on a $127M funding round, getting much of funds from current investors.
Blackstone Group announced that it agreed to acquire Ancestry.com, the world's biggest DNA services provider, from rivals for $4.7B, including debt.
The price of gold advanced on Wednesday, passing the $2000 mark in defiance of the weakened US dollar and the hopes of further government stimulus measures.
On Wednesday, the French government was scrutinised over its freely available COVID-19 testing approach as it provokes mass gatherings.
On Wednesday, Japan's Honda Motor is expecting a 68% plunge in the full-year operating profit to a ten-year low on anticipation that global car demand would slide due to the coronavirus pandemic.
Thomson Reuters posted a higher-than-anticipated Q2 profit on Wednesday, reaffirming its 2020 outlook in the face of the global market uncertainty.
On Wednesday, Regeneron Pharmaceuticals has topped its Q2 profit estimates, driven by robust sales of the eczema treatment Dupixent, as well as higher revenues related to its Sanofi and Bayer collaboration.
The software firm Clearwater Analytics is considering a sale worth around $2B, including debt, while WCAS has hired an investment lender to review potential strategic options for the privately-owned company.
Activision Blizzard has raised its annual forecast for the company's adjusted sales after topping its quarterly estimates, driven by a pandemic-boosted jump in gaming as well as a new release in the "Call of Duty" franchise this year.