European markets advanced on Thursday, continuing the positive momentum seen in the previous session. Investors were encouraged by positive economic data and corporate earnings reports.

TUI AG has selected banks to arrange a rights offering to help repay part of a German government bailout package, according to sources familiar with the matter.

Morgan Stanley has fined some of its own bankers more than $1 million each for conducting business on WhatsApp and other messaging platforms.

U.S. stocks fell Wednesday, as another busy day of earnings gave investors a fresh sense of how companies are coping with an economic slowdown and higher interest rates.

Shares of Mobileye, a company specializing in assisted driving, rose 8% after Deutsche Bank began covering the stock with a buy rating.