The US President Donald Trump resumed his threats to cut relations with China, after Robert Lighthizer, the US Trade Representative, told the Congress that he did not see mitigation the Chinese and US economies as an effective option.
The US gasoline demand recovery fluctuates, according to data released for the last week, as COVID-19 cases rose in some states, undermining refiners' efforts to boost low fuel production.
The semiconductor manufacturers SkyWater Technology and Globalfoundries have reached an agreement to supply chips to the US defence industry and develop new technology, amid rapid-growth of the manufacturing industry in the country.
Facebook Inc has acquired Mapillary, the Swedish mapping technology firm, which collects images provided by thousands of contributors in order to build up-to-date and immersive maps, both companies said.
The Turkey Wealth Fund plans to acquire 26.2% of Turkcell, Turkey's GSM operator, a statement published by the managing director of the fund Zafer Sonmez shows.
China's fiscal revenue decreased 13.6% in the first five months of the current year, compared to the same period the previous year, official data show.
The German travel sector contracted 23% in the first quarter of 2020, compared to the prior quarter, data published by the Federal Statistical Office show.
The Spanish government plans to inject over €4.26B in the tourism sector to help it recover from the coronavirus pandemic, the Spanish Prime Minister Pedro Sanchez says.
Kroger Co sees the 2020 outlook for its profit and the same-store sales higher-than-expected after topping Wall Street estimates for quarterly results, boosted on higher demand for its essentials during the lockdowns.
The EU Commission has entered the advanced talks with Johnson & Johnson, intending to buy or reserve up-front doses of the COVID-19 vaccine, which is currently under development, Reuters reported.
Wells Fargo & Co's investment adviser is planning the feeder fund platform's sale to the fintech company iCapital Network, it stated on Thursday, not disclosing the amount of the deal.
China has granted its approval for JPMorgan's first foreign-owned future business operations, as the world's second-biggest economy is expanding its multi-trillion-dollar financial market.
On Thursday, Facebook Inc is set to share its privacy practices report to the new board committee on the back of its agreement with the US FTC over data privacy investigation.
Ford Motor Co is preparing to offer hands-free driving set on the new Mustang Mach-E already next year, four years after GM and six years after Tesla had introduced similar systems.
On Thursday, the US private equity fund KKR announced it would acquire Roompot, the Dutch vacation parks company, in a deal which financial terms were not disclosed, according to Reuters.
Twitter has launched testing of its new voice tweeting feature that will be able to capture 140 seconds of audio per single tweet; with the trial version to be available soon on Apple's iOS platform to a limited number of users.
Zoom Video Communications is set to offer the end-to-end encryption for conference calls to all its users, both free and paying, planning to launch its trial version already in July.
Ant Group, Alibaba Group's fintech unit, announced that Ni Xingjun has been appointed as the company's chief technology officer and will succeed his predecessor Hu Xi, who will take over another role.
Australian antitrust regulator has warned on Thursday that Google's planned $2.1B worth acquisition of Fitbit, the fitness tracker maker, could potentially harm competition in the online advertising and health markets.
DPD is set to create 6K new UK-based jobs and invest more in infrastructure to meet an increase in online shopping caused by the coronavirus pandemic.
Australia's jobless rate jumped to the 19-year high of 7.1% in May, as people lost their jobs amid the coronavirus pandemic-driven shutdowns.
G4S revealed a higher-than-expected revenue, which fell only 1% in the five-month period ended May, and said it won £1.2B worth of contracts.
Contentful, the startup based in San Francisco and Berlin, raised $80M from investors to develop CMS for commercial websites.
In May, new passenger vehicle sales slumped 56.8% to 623K in the EU, Britain and the EFTA countries, statistics revealed on Wednesday.