Economists polled by Reuters had expected Chinese exports denominated in the U.S. dollar to fall by 3% and imports to decline by 5.2% in September, compared to a year ago.China Economyread more
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The industry has pulled in $322 billion over the past six months, the fastest pace since the second half of 2008.Marketsread more
A technical recession occurs when there are two consecutive quarters of economic contraction.Asia Economyread more
"Deepfakes" are being used to depict people in fake videos they did not actually appear in, and can potentially affect elections, diplomacy and how markets move, experts say.Technologyread more
A spokesperson for the U.S.-backed Syrian Democratic Forces (SDF) has issued a stark warning to the international community.World Newsread more
The potential deal would shift Neumann's already diminished voting power to the Japanese conglomerate, according to the Journal.Technologyread more
U.S. President Donald Trump said that both sides reached a "very substantial phase one deal" that will address intellectual property and financial services concerns and...Asia Marketsread more
On Friday, Zedd tweeted about the ban, and CNBC verified the claim with his publicist on Saturday.China Politicsread more
Hunter's vows to forgo any foreign work follow a slew of unsubstantiated attacks by President Donald Trump accusing him of corruption.Politicsread more
Apple, the company that created the modern-day smartphone, is relying on technology customers are already extremely familiar with, like cameras, and taking a backseat when it...Technologyread more
European stocks closed mixed on Thursday, as investors kept abreast of geopolitical news taking place across the globe.
The pan-European Stoxx 600 ended the session up 0.12 percent, with sectors and major bourses in mixed territory.
Basic resources were the worst performers, down by more than 2 percent, on the back of renewed trade worries and fresh data. On Wednesday, U.S. Trade Representative Robert Lighthizer stated in front of the House Ways and Means committee that he foresaw long-term hurdles ahead.
On Thursday morning, Chinese factory activity numbers dropped to a three-year low in February — raising fears about economic activity in the world's second-largest economy.
In earnings news, Adecco dropped 3 percent after reporting its fourth-quarter results. Zalando rose to the top of the index, up 23 percent, after announcing that it expects solid growth this year. The French retailer Carrefour also jumped 2.5 percent after increasing its savings goals.
Elsewhere, Rolls-Royce shares were down by almost 3 percent after the company posted a £2.9 billion loss for 2018. The engineering giant's loss came as it increased the charge for fixing problems with its Trent 1000 engines. On Thursday Rolls-Royce also announced it would back out of the race to power Boeing's new jet.
British Airways owner IAG said on Thursday it expected earnings for this year to be flat as it posted its 2018 results, which were in line with expectations and showed growth in operating profit. Shares were 0.2 percent lower at the closing bell.
Meanwhile, a summit between Trump and North Korean leader Kim Jong Un in Vietnam was cut short after the latter asked for an end to sanctions. The two nations have worked towards stronger relations and the denuclearization of the Korean Peninsula.
U.S. stocks edged lower on Thursday following the summit's abrupt end, with a handful of weak corporate earnings reports also weighing on sentiment.