German sportswear and equipment maker Adidas issued a profit warning for 2014 on Thursday due to geopolitical tensions and troubles in its golf division, sending its shares tumbling more than 11 percent.

The company said net profit for the year would only reach about 650 million euros ($870 million), much lower than the 830-930 million euros originally forecast.

Toshiba said Thursday its first-quarter net profit climbed 68.7 percent due to brisk sales in infrastructure business and PCs in Japan.

In the three-month period to June, Toshiba posted a net profit of 8.9 billion yen ($87 million), a 68.7 percent jump from a year earlier.

Sony said on Thursday it saw a $261 million first-quarter net profit thanks to brisk sales of its PlayStation 4 console and a weak yen, but said it still expects a full-year loss.

The company's net profit came to 26.8 billion yen ($261 million) for the three months through June, up from 3.1 billion yen a year earlier, with sales rising 5.8 percent to 1.8 trillion yen.

Shares in Nintendo fell more than six percent in early trade Thursday after the Japanese videogame giant announced it was still mired in the red.

Nintendo shares dropped 6.29 percent to 11,550.0 yen soon after the Tokyo stock market opened.

Samsung said Thursday net profit plunged almost 20 percent in the second quarter as competition from cheap Chinese phones and the strong won saw sales slump in its key mobile business.

The South Korean electronics giant said net profit came in at 6.25 trillion won ($6.1 billion), down 19.6 percent in the first on-year decline for nearly three years.

Airbus on Thursday said its decision to cancel a $2.2 billion jet order from Skymark Airlines was final, rejecting the Japanese carrier's suggestion that talks were still ongoing.

Argentina was in default Thursday for the second time in 13 years after the failure of last ditch talks with U.S. hedge funds it has branded "vultures."

Hundreds of angry protesters took to the streets across several Yemeni cities on Wednesday as a government decision to raise fuel prices in the impoverished country came into effect.

Spain's economy grew by a better-than-expected 0.6 percent in the second quarter compared with the previous three months, the fastest rate since 2007 and more evidence of the country's recovery from recession.

In provisional estimates released Wednesday, the National Statistics Institute says the economy grew by 1.2 percent over 12 months, following four consecutive quarters of expansion.

Japanese videogames giant Nintendo on Wednesday posted a $97 million quarterly net loss, as higher costs tied to sales of its Wii U console dug into its bottom line as sales weakened.