According to the Der Spiegel weekly paper, published on Friday, the German government is planning to buy a 25.1% stake in Lufthansa for 10 billion euros.
Larry Kudlow, the White House National Economic Council Director, stated on Friday that the US government would focus on future growth incentives.
The Prime Minister of Canada Justin Trudeau stated on Saturday that the government banned acquisition of military-grade assault guns.
According to sources with the knowledge of the matter, Spain's Telefonica SA discusses with Liberty Global Plc possible merger of O2 with Virgin Media.
Siemens Gamesa has acquired Ria Blades, a company that operates the production plant that makes on-shore wind turbine blades in Vagos, Portugal.
On Friday, the American electric car maker Tesla announced it had slashed the initial price for its China-made Model 3 cars by 10%, as it seeks to qualify for China's subsidies.
Origin Energy, Australia's top gas and power retailer, agreed to acquire a 20% stake in Britain's retailer Octopus Energy in a deal valued at A$507M, which grants it an exclusive license for using Octopus Energy's technology.
Amazon.com has extended work from home for part of its staff, whose work can be still done remotely, until at least October 2, a spokesman for the company stated on Friday.
On Friday, US stocks slip at open after the President Donald Trump had threatened to impose new tariffs on China amid the COVID-19 virus-related crisis, while Amazon and Apple joined other firms to warn about uncertain future.
According to sources familiar with the matter, Irish air carrier Aer Lingus plans to cut 20% of its workforce because of the pandemic.
Crude oil prices rose 4.4% or 83 cents on Saturday, reaching $19.67 per barrel as world major oil producers started record production cut.
Chinese Yuan fell against the US Dollar on Friday evening as Donald Trump threatened to impose new tariffs on Chinese goods.
According to the Der Spiegel, the German government is considering to take a 25.1% stake in Lufthansa for $10.98B.
Ford Motor is seeking to convince the UAW union's leaders to restart its operations at the carmaker's most profitable plants in the US, taking a similar step made by Fiat Chrysler and General Motors.
Macy's is planning to reopen 68 stores in the United States on Monday, as the coronavirus lockdowns ease in some of the states, according to the department store operator's statement.
Elliott Management, the US hedge fund, has further reduced its stake in the Italian largest phone company Telecom Italia due to an ongoing rebalancing of its portfolio amid the coronavirus crisis.
AT&T Inc is planning to bring Xandr, its advertising unit, under the WarnerMedia label, right ahead of the streaming channel called "HBO Max" launch in May.
The US Federal Reserve expanded its "Main Street" programme to the larger companies with up to 15K employees, in efforts to support businesses and economy amid the coronavirus crisis.
Twitter reported its Asia's ads sales had slightly rebounded after a drop caused by the coronavirus pandemic, topping the forecasts and adding it had accelerated its work on tools that would help attract advertisers.
Germany's unemployment surged by 373K to 2.639M in April, according to the Labour Office data, while retail sales decreased at their fastest pace in 13 years amid the coronavirus lockdown that hit the European largest economy.
Global smartphone output is seen to plunge by record 16.5% to 287M phones in the Q2 from the prior year as the coronavirus outbreak hit demand, according to TrendForce.
The earnings of the German chemical giant BASF declined to €1.6B in the first quarter of 2020, a decline of 6% from the same period the prior year, the company reports.
The Indonesian economy is expected to expand around 7% the next year, a statement published by the central bank's governor Perry Warjiyo shows.
Taiwan revised its economic growth forecast for the first quarter of 2020 to 1.54% from a previous estimate of 1.8%, the island's statistic agency reports.