Stock markets were sluggish and the dollar and bond yields shuffled higher on Thursday as the likelihood of a further jump in global borrowing costs, including a possible 100 basis point U.S. rate hike next week, kept the bears on the prowl.
U.S. stock index futures struggled for direction on Thursday after lackluster trading in the previous session as investors awaited a slew of economic data that could provide more clarity on the Federal Reserve's monetary policy tightening path.
Photoshop maker Adobe Inc is nearing a deal to buy online design startup Figma, Bloomberg News reported on Thursday, citing people with knowledge of the matter.
Volkswagen's supervisory board is due to meet on Sunday to move forward with the IPO of its Porsche brand, which will comprise 911 million shares in a nod to its most famous model, two sources close to matter said.
Nissan Motor Co Ltd doesn't make its longer-term decisions based on currency fluctuations, its chief operating officer said on Thursday, even as the yen's sharp sell-off has sparked concerns about Japan Inc's ability to manage the volatility.
Rail operator CSX Corp said on Thursday it has appointed former president of Ford Motor , Joe Hinrichs, as its chief executive officer effective Sept. 26.
Britain's antitrust watchdog said on Thursday it would go for an in-depth probe into Microsoft's $69-billion purchase of "Call of Duty" maker Activision Blizzard after the tech giant failed to offer remedies to soothe competition concerns.
The European Commission has raised concerns with the United States that its tax incentives for electric cars could violate WTO rules, EU trade commissioner Valdis Dombrovskis said.
Indonesia's anti-trust agency (KPPU) said on Thursday it is investigating potential unfair business practices by Google over the use of proprietary payment services for its software distribution platform Google Play Store.
Thailand Supreme Court on Thursday upheld a lower court ruling that the local unit of Toyota Motor Corp owed the government 10 billion baht ($272.11 million) in extra taxes for importing components not subject to a reduced tariff.
