Reuters/Thomas Peter
Good morning! Here's what you need to know on Thursday.
1. China shut its share market for the day after a meltdown in early trade. It's the second time this week that China has had to shut its markets under the new rules designed to avoid panic selling of shares.
4. Samsung might be preparing to launch a smartphone that is radically different from anything else on the market. Analysts at HSBC are predicting the South Korean giant is going to launch a smartphone with a foldable screen in the second half of 2016.
5. German police have identified three suspects in connection with attacks on women at New Year celebrations in the city of Cologne but have not yet made any arrests. About 90 women reported being robbed, threatened, or sexually molested at New Year celebrations outside the city's cathedral.
8. 'Star Wars: The Force Awakens' has become the highest grossing film of all time in the United States and Canada, Disney announced. 'The Force Awakens' has taken in $1.5 billion so far globally, and is already the fourth highest-grossing movie of all time after just three weeks off release.
9. Snapchat is shutting down its Lens Store after launching it in November. Despite the fact that tens of thousands of lenses ($.99 each) were being purchased per day, Snapchat wants to focus on its advertising business.
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