Saudi Arabia's ability to avert a global oil supply crunch will only become clear in a few weeks, because for now its crude held in storage can fill the gap and mask the scale of damage to its facilities, traders and analysts say.
Facebook CEO Mark Zuckerberg is meeting with lawmakers on Capitol Hill for a second day on Thursday as part of an effort by the social media giant to mend its reputation as it faces a slew of government investigations.
Home rental giant Airbnb said it plans to list its shares in 2020, making it one of the most high-profile names to tap the stock market next year. (https://bit.ly/2mqasWw)
Lawrence Culp has held the top job at General Electric for nearly one year and on Thursday one of the industrial conglomerate's biggest shareholders, activist investor Nelson Peltz, gave him a shout-out for being "fantastic."
Huawei launched its Mate 30 smartphone range on Thursday in a challenge to Apple's new iPhone 11, saying the Chinese firm's new devices were more compact, their cameras superior and wraparound screens brighter.
Amazon.com Inc is due to sign a pledge to meet the goals of the Paris Climate agreement by 2040, 10 years ahead of schedule, Chief Executive Jeff Bezos said on Thursday.
Renault and PSA Group face a potential stand-off with French workers worried that an industry drive to meet EU emissions targets will fuel demands for concessions in upcoming labor negotiations.
Burger King will stop handing out plastic toys in its children's meals and said on Thursday it was launching an amnesty for customers to return any freebies in a bid to tackle the growing problem of plastic waste.
A British investment banker at the center of Germany's biggest fraud trial told judges on Thursday he earned millions of euros from deals involving "astronomical" trades that prosecutors say were a means to make bogus tax reclaims.
BMW's finance chief Nicolas Peter wants to cut between 5,000 and 6,000 jobs by 2022, mostly at the carmaker's Munich headquarters, a German magazine reported on Thursday.
