Layoffs by U.S. companies over January and February touched the highest since 2009, with the tech sector accounting for more than a third of the over 180,000 job cuts announced, a report showed on Thursday.
Brazil's central bank stated on Thursday that the potential impact of the accounting scandal involving retailer Americanas SA on banks would be 'insignificant' even in an extreme scenario.
Bayer AG plans to spend $1 billion on drug research and development in the U.S. this year as it works to double its sales in the country by the end of the decade, Bayer's top U.S. pharmaceutical executive told Reuters.
Canadian stock futures fell slightly on Thursday as investors worried about further monetary tightening by the U.S. Federal Reserve, while gains in commodity prices limited large losses.
Italy's Prada said on Thursday it expects revenue growth to outpace rivals this year, after sales exceeded analyst expectations in 2022 thanks to a strong performance in Europe.
German hydrogen firm Thyssenkrupp Nucera has seen customer interest soar in the U.S. as a result of the Inflation Reduction Act (IRA) and may create local production capacity with Italy's De Nora if the market takes off.
BMW's core carmaking business hit its 2022 earnings target, the company said on Thursday, helped by strong pricing and consolidation of its China joint venture.
German heating system suppliers said they can roll out electric heat pumps to households on a large scale to replace oil and gas boilers and protect the climate, but lawmakers must be flexible on options to cut the sector's carbon footprint.
South Korea's Hyundai Motor Co is in talks with a Kazakhstan company over the sale of its manufacturing plant in Russia, South Korean media reported on Thursday.
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