European stocks edged lower on Friday, as plunging Turkish Lira sparked broad risk aversion, with banks, such as Italy's UniCredit and Spain's BBVA, hit by fear over their exposure to Turkey
The Eurozone single currency fell to a one-year low level against the US Dollar on Friday, as investors worried about plummeting Turkish Lira.
Steven Swain, the Chief Financial Officer of Dish Network, will leave the company on August 22 to join Brookdale Senior Living, gaining the same position.
Ford Motor is set to launch a new basic sport utility vehicle in China next year, built jointly with a domestic partner, as the US carmaker seeks reviving its plunging business in the world's largest auto market.
Shares in Viacom surged by 7% on Thursday, boosted by the success of the Paramount Picture's "Mission Impossible – Fallout" film after grossing about $330M across the world since release.
Honda Motor is set to recall another 69K UR-V SUVs in China due to a cold-climate engine issue, which has already made the carmaker to recall hundreds of its vehicles.
Daimler confirmed on Thursday that the sport utility vehicles built by its unit Mercedes-Benz in Alabama were being checked over potential issues by the Chinese customs authorities.
News Corp has topped the Wall Street profit estimates, after benefiting from the gains of its recently acquired TV network and recording a rapid growth in the firm's book publishing unit business and real-estate listing.
On Friday, Ryanair's pilot strike, which took place in five EU countries, affected about 55K customers in the midst of the hot holiday season.
Ericsson, the mobile telecom equipment developer, stated on Friday it was eager to add about 300 job positions in America to meet surging demand for the next-generation 5G equipment.
On Friday, China's Hainan Airlines sold the remaining stake in Brazil's airline Azul SA in a deal, which brought it $306.25M after the underwriting fees deduction.
On Wednesday, Intel Corp reported it had sold $1.0B of the AI processor chips last year, noting the first time the US leading chipmaker revealed its revenue from the computing segment.
HNA Group, the cash-strapped China conglomerate, agreed on its Radisson Holdings sale to the Jin-Jiang-led consortium, Radisson reported late on Thursday.
On Friday, the UK sportswear retailer Sports Direct announced it had acquired House of Fraser's 58 British stores in a deal valued at $114.9M.
The FTSE 100 dropped 0.7% early on Friday, as revenue of many British companies is exposed to the tumbling Turkish Lira and the Russian Ruble.
The Office for National Statistics reported on Friday that the UK economy expanded by 0.4% in Q2Y2018, with retail sales and construction being boosted by the good weather conditions.
Golden Fate Ventures, Singapore's venture capital firm, announced on Friday it would launch a $10M fund to make an investment into blockchain technology and cryptocurrency start-ups.
Tesla's board is expecting to receive more information on the CEO Elon Musk's financing plan over taking the US e-vehicle manufacturer private in a deal valued at $72B.
On Thursday, Campbell Soup's shareholder George Strawbridge and the billionaire investor Daniel Loeb called for the iconic US food corporation sale, according to sources.
France's Engie SA Brazilian division is thinking over a bid for the domestic power generation firm Companhia Energetica de Sao Paulo, its top executive stated on Thursday.
The US oil and gas drilling company Scientific Drilling International is seeking for a buyer, being proposed to some firms at the valuation of over $500M.
The Starboard Value's executive Will Wyatt-led investment company Donerail Group is in negotiations to buy the Chicago Tribune owner Tronc, sources close to the matter reported on Thursday.
Crude oil prices increased by 6 cents on Friday morning, reaching $66.87 a barrel, amid fears that restored American sanctions against Iran will squeeze supply.
According to sources familiar with the matter, Doug Field, the senior Vice President of Engineering at Telsa, left his post last month and is planning to return back to Apple.