Ozon, the Russian online retailer, may explore an option of the initial public offering in the next two years, as soon as it has raised the share of Russia's e-commerce market, improved infrastructure and boosted growth, the CEO Alexander Shulgin stated on Friday.
The Elliott Management hedge fund has entered talks to acquire the US book retailer Barnes & Noble in a potential deal valued at $476M or $6.50 per share.
Toyota Motor Corp stated on Friday that it would cooperate with Chinese battery producer Contemporary Amperex Technology Co Ltd and electric vehicle maker BYD Co Ltd to deliver a new battery-powered, ultra-compact automobile by next year.
The UK employers increased spending over temporary staff at the slowest pace in more than six years and hired fewer staff, the REC stated, suggesting that Britain's robust labour market is likely to weaken.
Alphabet's Google stated that it is likely to buy Looker, the privately owned big-data analytics firm, for $2.6B in cash, in the first main acquisition for new Google Cloud CEO Thomas Kurian.
On Thursday, Amazon.com's CEO Jeff Bezos stated that commercial robots, which are able to grasp items like humans, would be available for use in the following ten years.
Sumitomo Mitsui Trust and UBS are set to sign their planned deal on Friday, creating the new wealth management merger in Japan, according to internal memo viewed by Reuters.
The US President Donal Trump stated this Thursday he would make a decision regarding the tariff imposition on China's $300M worth of goods after the G20 meeting scheduled for this month.
On Thursday, Alphabet's Google stated it would acquire the analytics software company Looker in a cash deal worth $2.6B and the first major takeover for the tech giant's new CEO Thomas Kurian.
On Thursday, the US and Mexican officials have resumed their talks in Washington aimed at preventing the imposition of tariffs on Mexico's goods as Donald Trump seeks to curb migratory flow at the southern US border.
Australia's Pacific Equity Partners s planning to raise $1.7B in its new buyout fund, expecting to receive its Fund VI's final commitments in coming weeks, according to The Australian Financial Review.
On Thursday, JPMorgan Chase & Co announced it would shutter its "Finn" smartphone bank account, designed for young adults, after a year since its nationwide launch.
John Lewis Partnership has hired Sharon White, the UK telecoms regulator Ofcom's head, as the retailer's new chairman to succeed Charlie Mayfield, both firms announced on Thursday.
Germany's RAG Stiftung stated on Thursday it had no plans for an acquisition of the stake in Thyssenkrupp, whose shares stumbled to its 16-year low this week.
The US President Donald Trump has threatened to impose extra tariffs on China's $300M worth of goods but added he expected China to make a deal in the trade dispute with the US.
On Thursday, the CEO of the state owned Rosneft announced at an economic forum that Russian energy is identical to the US with one exception. Namely, Russian energy is by 30% cheaper.
On Thursday, the EU shares surged 0.3% amid expectations that the ECB will provide an extra stimulus for the ailing EZ economy fought disappointment due to a collapse of the Fiat Chrysler merger with Renault-Nissan.
On Thursday, it was announced that Foxconn is planning an overhaul of the management of the company.
The UK insurer Aviva is planning its UK business restructuring, cutting about 1.8K jobs
Christine Lagarde, the Managing Director of the IMF, stated that the Fund does not see the threat of a global recession brought on by a widening US-China trade war, though escalating tariff threats are likely to sap business confidence and could slow expansion.
Fiat Chrysler stated that it has abandoned $35B offer of merger for Renault, blaming France's politics for scuttling a landmark deal to establish the world's third-biggest automaker.
On Wednesday, shares in Provident Financial soared 16.6% following the collapse of the hostile takeover offer by its competitor Non-Standard Finance, the doorstep lender announced.
Bruno Le Maire, the French Finance Minister, stated there was no need for a rush in talks over the $35B merger between the carmakers Fiat Chrysler and Renault, but added he would also wish the deal to go ahead.
China's Alibaba together with the Russian sovereign wealth fund RDIF are set to invest $100M each in Russia's e-commerce joint venture, RDIF stated on Wednesday, adding it explores further acquisition of the $194M worth shares.