The Finance Minister of Germany Olaf Scholz stated on Friday that he anticipates the European Central Bank to eventually start gradually hiking interest rates in the Euro zone.
Sonos, the hi-tech wireless speakers producer, filed for IPO on Friday, amid growing prominence of streaming music via smartphone applications on connected audio systems.
French trade deficit widened in the month of May compared to the prior month, according to seasonally adjusted figures reported by the customs office, with data coming in worse-than-forecast.
Germany's industrial production grew in May, the report showed on Friday, indicating that factories in Europe's biggest economy were regathering pace after a weak beginning of the year.
Statistics Canada revealed that the country's economy created 31.8K of jobs in June, which was above forecast for a 24K jobs' gain, while the jobless rate grew to 6.0% in the same period.
The US trade deficit dropped to a year and a half low in May, as exports increased to a record high, supported by a rise in shipments of commercial aircraft and soybeans.
The new government of Italy announced plans to lift the deficit target for the next year to nearly 1.4%of economic output against the prior goal of 0.8%, two sources stated on Friday.
A post-Brexit trade agreement between the UK and the US was the main priority for Donald Trump, the US ambassador to Britain stated ahead of the US President's visit to London next week.
Japan's Takeda Pharmaceutical is eager to sell the Osaka headquarters due to concerns raised over its $62B deal to acquire Britain's Shire Plc, Nikkei reported.
On Friday, the European Commission has granted its approval to Italy's Atlantia and Spain's ACS for the motorway company Abertis takeover, saying the deal should not raise any competition concerns.
Italy's Generali agreed on selling its 89.9% majority stake in Generali Leben, the company's life insurance unit in Germany to the private equity firm Viridium for about €1.9B.
On Thursday, Britain's Sinclair Pharma stated it had received takeover interest from the privately-held China Grand Enterprise and its subsidiary Huadong Medicine, boosting its shares up by nearly 30%.
The wireless speaker maker Sonos has filed for the initial public offering this Friday; a decision made amid a rising popularity of the streaming music on the connected audio systems via smartphone apps.
On Friday, Spain's ride-hailing service Cabify stated it had no talks over a sale of its business to the US peer Lyft, denying the reports by El Confidencial newspaper.
On Friday, Energean's CEO stated the Greek gas and oil firm was ready to acquire a 45% stake in Gaza Marine, the off-shore gas field, if Israel and Palestina agreed.
Ontex, the Belgian diaper maker, rejected a takeover offer from the private equity group PAI Partners, claiming the proposal was too low.
Altice has agreed on a sale of its French high-society and royalty magazine "Point de Vue" amid the company's asset-disposal programme to lower debts.
Marco Nespolo, the CEO of Italy's debt collector and data provider Cerved Group, stated his company is working on important mergers and acquisitions among the sectors where the firm already operates.
ObsEva, the Swiss drug development firm, is planning a listing on the Zurich SIX Swiss Exchange and a trading debut scheduled for July 13, as it seeks expansion among EU investors.
Germany's industrial gases firm Linde and peer Praxair are seeking to sign a merger deal this year, after they had agreed to sell Praxair's EU gases business to Japan's competitor Taiyo Nippon Sanso.
The Chinese Premier Li Keqiang on Friday announced that the US trade tariffs slammed on China will create a bad outcome for both countries.
It has been recently noticed and revealed by some analysts that Nestle is progressing due to it having a CEO, which has a mixed cultural background.
Mitsui & Co, Japan's trading house, is likely to raise its stake in the Brazilian firm Vale SA, in case of other shareholders selling part of their shares, the company's Chief Executive stated.
Rolls-Royce is planning to sell its unprofitable commercial marine business unit to the Norwegian group Kongsberg Gruppen for $661M amid the company's restructuring launched by its CEO Warren East.