U.S. job growth likely accelerated in November as former striking workers returned to General Motors' payrolls, which would confirm that the economy remained on a moderate expansion path despite a prolonged manufacturing slump.
Insurance group Phoenix Group Holdings said it had agreed to buy the British unit of Swiss Re AG for 3.2 billion pounds ($4.1 billion) in cash and shares, its biggest deal to date.
General Motors and South Korea's LG Chem are set to announce on Thursday a 50:50 joint venture in Ohio to make electric vehicle batteries, sources familiar with the matter told Reuters.
The protracted trade war between China and the United States and a deteriorating global growth outlook have left investors nervous that the longest expansion in American history is at risk of ending.
At a glance, a near-record accumulation of speculative bets on market tranquility looks like it couldn't have come at a worse time.
Stock markets in Asia inched up on Thursday on the possibility that China and the United States may soon seal a "phase one" deal to end their 17-month trade war, but conflicting messages from U.S. President Donald Trump kept a lid on the advance.
Britain is unlikely to cut off ties to the European Union at the end of 2020 without having a free trade deal in place, finance minister Sajid Javid said on Thursday.
BP is increasing its stake in Lightsource BP to 50% from its current 43%, the solar energy developer said in a statement on Thursday.
Tariffs must be cut if China and the United States are to reach an interim agreement on trade, the Asian nation's commerce ministry said on Thursday, sticking to its stance that some U.S. tariffs must be rolled back for a phase one deal.
Fiat Chrysler Automobiles (FCA) has challenged Italy's tax authority which has said the car company had underestimated the value of its U.S. business after it bought Chrysler.
At a glance, a near-record accumulation of speculative bets on market tranquility looks like it couldn't have come at a worse time.
The protracted trade war between China and the United States and a deteriorating global growth outlook have left investors nervous that the longest expansion in American history is at risk of ending.
Japan's cabinet approved a $122 billion fiscal package on Thursday to support stalling growth in the world's third-largest economy amid offshore risks and as policymakers look to sustain activity beyond the 2020 Tokyo Olympics.
Stocks gained amid trade war headlines on Thursday, while sterling rose to its highest in more than two years against the euro on hopes next week's UK election will lead to a smooth Brexit.
South Korea's LG Chem said on Thursday it would invest $916 million in its U.S. subsidiary by 2023 to set up an electric vehicle battery joint venture with General Motors .