The CEO of Bombardier Alain Bellemare held a meeting with investors after a disappointing forecast on free cash flow and regulatory action that sent the train and plane manufacturer's shares down 20%.
The current President of Walt Disney's ABC Entertainment, Channing Dungey, will be replaced by the original programming head for Disney's cable channel Freeform, Karey Burke, the company announced on Friday.
Luigi Gubitosi, the veteran Italian manager, is likely to become a new Chief Executive Officer of the Italian largest telecoms firm Telecom Italia, two sources with a knowledge on the matter reported.
Tesaro, the cancer drug developer, has hired financial advisers after getting a takeover interest and is considering to sell itself, according to a Bloomberg report.
Africa's struggling low-cost airline Fastjet is planning to launch an equity refinancing and fundraising, as it seeks to attract at least $40M to increase its equity base.
France's Technicolor is considering options, which include a partial or full sale of the digital media firm on the back of difficulties its set-top box business faces due to higher prices on memory chips.
LyondellBasell Industries is preparing to make a binding offer to buy Brazil's petrochemical company Braskem, planning to finish the talks within the next days, sources reported.
The Russian Senator Andrey Klimov stated on Saturday that he and his colleagues were ready to work with any composition of the EU Parliament regardless of result of the upcoming elections.
The Prime Minister of Israel Benjamin Netanyahu stated on Saturday that he hoped his government could work until the end of the term, thus refusing calls from opposition to announce snap elections amid resignation of the country's Defence Minister Avigdor Lieberman.
The US President Donald Trump stated on Saturday that he had no plans to extradite old Erdogan's enemy cliric Fethullah Gulen in an attempt to help his ally Saudi Arabia.
The Prime Minister of Ireland Leo Varadkar stated on Saturday that he had no intention to announce elections in the remaining two months of this year.
CannTrust Holdings, a licensed Canadian producer of medical cannabis, said on Wednesday that its sales in third quarter were equal to Aurora Cannabis Inc, which resulted in 20% surge of its stock value.
The Agriculture Ministry of China on Saturday reported about several new outbreaks of swine fever Sichuan, Yunnan and Jiangxi provinces as well as in the Shanghai municipality.
The head of the BDI German Federation of Industry Dieter Kempf warned on Saturday that Britain's exit from the European Union without a proper deal would hurt hundreds of businesses on both sides of the English channel.
According to sources familar with the matter, the Chinese President Xi Jinping is plannig to pay an official visit to North Korea next year and meet with its leader Kim Jong Un.
Germany and France are expected to lay out plans for a joint EZ budget focused on financing investment on Monday, France's Finance Ministry sources revealed.
Andreas Scheuer, the Transport Minister of Germany, announced its intention to open Germany's market to car pooling services, including Uber and other firms, by 2021.
China's container transport index lost pace in October, standing at 834.55 point, as the traditional growth season was close to the end, the Shanghai Shipping Exchange's data showed.
The Brazilian economy expanded 1.74% in the third quarter of 2018, compared with the Q2, with the IBC-Br index seening the largest growth in July-September since 2012, when it reached 1.92%.
The Chinese raw coal output kept stable growth pace in October, expanding 8% year-over-year to 310M tonnes, acceleraing from the 5.2% growth rate in the prior month, according to the NBS.
Indian overall exports, including services and merchandise, are expected to be $308.32B from April to October, growing 17.17% over the same time last year, the official data showed.
The Prime Minister of Singapore Lee Hsien Loong on Saturday noted that the Pacific region is full of opportunities and called other states to work together in digital sector.
The President of Iran Hassan Rouhani stated on Saturday that trade volume between his country and neighbouring Iraq could incease from $12B to $20B.
The United Nations (UN) emissary to Britain Philip Alston stated on Saturday that nearly 14M people in the country are poor, including 1.5M people that are not able to afford themselves basic needs.