Russia's second-biggest oil producer Lukoil planned to invest $3B in petrochemicals production within the 6 years, TASS quoted the company's head on Friday.
The US-based EIG Global Energy Partners stated that its consortium closed a deal to buy 49% of the pipelines business of Saudi oil producer Aramco for $12.4B.
Minneapolis Fed President Neel Kashkari stated that he wants to keep the US CB short-term interest rate at zero at least until 2023 to allow the labour market to return to its pre-pandemic level.
The IT services provider Sykes Enterprises agreed to be bought by privately-owned Sitel Group in the $2.15B deal.
HSBC agreed to sell its French retail bank to Cerberus-backed My Money Group in the deal that will cause a loss of around $2.3B for the bank.
PayPal Holdings' shares jumped after it warned merchants about higher pricing, planning to charge at least 3.48% of the transaction value, up from 2.9% plus a fee.
As reported by the Office for National Statistics on Friday, UK retail sales declined by 1.4% between April and May.
On Friday, the French automaker Renault signed an accord with France's trades unions that would allow about 20,000 staff in France to be eligible to work from their own homes.
On Friday, shares of Orphazyme plunged by 75% after the US Food and Drug Administration rejected the biotech company key drug candidate.
On Friday, the Dow Jones Industrial Average fell by 371.35 points or 1.10% after James Bullard, the President of the St. Louis Federal Reserve, stated that the US inflation was stronger than expected.
On Friday, Subaru Motor announced it would trim its production at the Japnese Gunma factories in July amid the global semiconductor chip shortage.
On Friday, Amazon Web Services stated it had entered an agreement with Ferrari to make AWS a provider of cloud storage, artificial intelligence and machine learning to the luxury automaker.
Germany seeks to exit its Lufthansa stake as early as possible, according to Transport Minister Andreas Scheuer's statement made on Friday.
EBay, the US e-commerce group, and Norway's Adevinta secured final approval from regulators for their global classified advertising businesses tie-up, the Norwegian company announced on Friday.
New energy vehicle sales in China are seen to grow over 40% each year during the following five years, according to a senior official's statement at the CAAM this Friday.
The Bank of Japan has launched a new scheme on Friday to raise funding for battling climate change, joining other central banks that step up their efforts to address the financial and economic fallout.
Paytm, the Indian digital payments company, is seeking approval from shareholders for its $1.62B new stock sale, signalling potentially the largest-ever IPO worth $3B in the country.
Eisai Co and Bristol-Myers Squibb have clinched a deal worth up to $3.10B to jointly develop an experimental cancer treatment.
The US auto safety agency has launched 30 probes into Tesla's crashes, which involved ten deaths since 2016, as the advanced driver assistance was suspected of use.
US senators have proposed earlier this week a tax credit worth 25% for investments in the semiconductor chip manufacturing due to Congress efforts to boost US chip production.
Advanced Micro Devices and Google Cloud are set to cooperate over new cloud computing services that will be based on AMD-developed newest data centre chip.
Nvidia Corp's CEO stated that the company would invest at least $100M in the UK supercomputer.
Facebook has launched ads globally on the company-owned Instagram Reels, the tech giant announced earlier this week.
On Thursday, Volvo Cars announced it would halt its production at the carmaker's Belgian plant for the whole next week due to the global semiconductor chips shortage.