Yemen's Houthi rebels have claimed responsibility for the attacks, which created a huge fire at a processor essential to global energy supplies.Politicsread more
Oil prices are expected to jump as much as $10 per barrel after a coordinated drone strike hit Saudi Arabia's largest oil field, forcing the kingdom to cut its oil output in...Marketsread more
Trusii's hydrogen water machines were supposed to help users with their health problems, but customers claim the company is involved in a giant scam.Technologyread more
The decoupling of the world's two weightiest economies seems as inescapable as its extent and global impact remains incalculable.Politicsread more
The trucking industry is worth hundreds of billions of dollars per year. Uber is going after this market with Uber Freight, an online platform that matches truckers with...Technologyread more
BlackBerry has reinvented itself to become a leader in securing mobile communications and in embedded communications. Next year it plans to roll out new products. CEO John...Evolveread more
Trailers have become a cult phenomenon. Even short teasers that reveal little about the plot of the upcoming film are headline-worthy. Blogs and forums have become devoted...Entertainmentread more
Thanks to the performance of Beyond Meat, investors who focus on venture-backed tech IPOs have done well this year despite some notable disappointments.Technologyread more
Software company Intuit, maker of tax helper TurboTax, is in its eleventh year of stock gains and up 36% this year.Investingread more
CNBC did a deep dive through the most recent Wall Street research to find stocks with upside potential.Marketsread more
The benchmark 10-year Treasury note yield tested 1.5% in late August and early September, bouncing off that level and most recently trading around 1.8%. However, another...Marketsread more
European shares closed higher on Thursday, posting their biggest gains for a month, as hopes grew that the U.S. would strike a short-term debt limit deal to stop the country defaulting.
The provisionally closed up 1.6 percent to 1,244.19 points, stopping a three-day losing streak, with a broad-based rally displacing the weak investor sentiment seen in the last nine sessions. U.S. stocks also rallied out of the gate Thursday, while Asian equity markets closed mixed, as hopes rose for a break in the impasse in the U.S.
The rallied off three-month lows, closing up 1.4 percent, while the German , French , and Spanish all closed above 2 percent.
As the shutdown entered a tenth day on Thursday, the House GOP leadership will meet with President Barack Obama at the White House in a bid to resolve the budget deadlock. On Wednesday, there were indications that both sides might be open to a short-term extension of the $16.7 trillion borrowing limit and a temporary end to the shutdown, giving them more time to resolve their differences.
(Read More: Are investors ignoring much bigger global risks?)
"There is one major 'if' attached to the President's potential olive branch, and that is reopening the government, something that still looks very unlikely in the interim as the partisan politics from both sides continues to rage," Evan Lucas, an analyst at IG said in a Thursday note.
Yellen replaces Bernanke
Also across the pond, President Obama officially nominated Federal Reserve Vice Chair Janet Yellen to replace Ben Bernanke as the chairman of the U.S. central bank.
Yellen is widely perceived as being more dovish on monetary policy and investors expect her to take a slower path towards a reduction of the Fed's bond-buying program.
(Read More: Pres. Obama nominates Janet Yellen to lead Fed)
Meanwhile, minutes from the Fed's latest meeting in September showed that the central bank's decision not to scale back its bond-buying program was a "relatively close call" for policymakers.
In other events, the Bank of England left interest rates at a record low of 0.5 percent and its asset purchase target unchanged at £375 billion, as expected on Thursday.
WH Smith up 6%
In stocks news, shares of U.K. retailer closed up by 5.27 percent, after the company reported a 6 percent rise in full-year profit and announced a share buyback.
Recruitment company posted a 8 percent rise in net fee income on Thursday, giving bullish descriptions of performance from most of its units; shares provisionally closed up 2.16 percent.
shares closed up 8 percent after posting declines on Wednesday, after the French government said that the technology firm needed to think carefully about cost-cutting measures announced on Tuesday.
Follow us on Twitter: @CNBCWorld