KKR & Co appointed Malcolm Turnbull, the ex-Australian Prime Minister, as the global senior adviser effective from June 1, the global investment company stated on Friday.
On Friday, the EU shares dropped to over three-month low, led by the automakers Fiat Chrysler and Volkswagen, after the US President Donald Trump had vowed he would impose tariffs on Mexico's imports, escalating global trade tensions.
CBS Corp board is expected to enter merger negotiations with the Viacom media company in the middle of June, CNBC reported, sending Viacom's shares up 3.5% to $28.72 on Thursday due to the news.
Amazon.com has expressed its interest in acquiring Boost Mobile, the pre-paid cellphone wireless service, owned by Sprint and T-Mobile, according to sources.
The US President Donald Trump stated on Thursday that he would increase tariffs on all goods originating from Mexico by 5% if the neighbour did not stop the flow of illegal immigrants.
China's factory activity slumped more than expected, rising pressure on Beijing to implement more stimulus to support the economy hit hard by the trade war with the US.
According to the Reforma newspaper, the former CEO of Mexican state oil firm Pemex Emilio Lozoya is wanted by state authorities for alleged money laundering.
According to a source familiar with the matter, Juul Labs Inc, the US e-cigarettes brand, was considering an option of opening a chain of retail stores in the United States for adult customers.
According to a government data, this week the US Federal Reserve has acquired mortgage-backed securities (MBS) worth $29M, compared to $67M bought in the week before.
General Motors announced that it would invest $24M to increase production of full-size trucks at its assembly factory in Indiana's city Fort Wayne, which makes GM's GMC Sierra and Chevrolet Silverado models.
The Brazilian economy shrank in the March quarter for the first time in three years, data revealed, pushing the largest economy of Latin America closer to a recession.
Heineken NV is set to invest £110M to renovate the company's four plants in Sao Paulo, the most populated stated in Brazil, the statement revealed.
The US economic growth has accelerated by 3.1% in the Q1, missing the forecast modestly, with a slight decrease from the previous downwardly revised reading of 3.2% jump.
China is planning to receive reasonable demand for its rare earth from various countries, but finds it unacceptable that any state would use China's rare earth to develop products that could possibly to suppress and turn down the Asian country.
On Thursday, Israel's lawmakers have voted for the Parliament dissolution, triggering new election as Benjamin Netanyahu, the country's Prime Minister, failed to establish a coalition government when the midnight deadline came.
Watches of Switzerland shares surged as much as 15 percent to 315 pence per each due to its London Stock Exchange debut this Thursday from the company's initial price set at 270 pence.
On Thursday, Israel's Delek Group announced its Ithaca Energy division reached an agreement to acquire Chevron's UK North Sea gas and oil fields in a deal valued at $2.0B.
On Thursday, shares of Axel Springer soared by 20% after controlling shareholders of the German publisher launched talks with KKR, the private equity house, over a possible strategic investment into the business.
Transneft has agreed with the Russian oil firm on a potential compensation formula over the tainted oil, which was contaminated being in transit shipping through the Druzhba pipeline, according to Kommersant daily.
Jeremy Corbyn, the UK Labour Party leader, stated that he expected any new referendum on Brexit to be about the deal terms agreed with the EU bloc, not repeating of the 2016 "Leave" or "Remain" choice.
SoftBank-owned Vision Fund is planning to borrow $4.0B against the stakes in three companies, such as Uber Technologies, Guardant Health and Slack Technologies, according the Financial Times.
Saudi Arabia, the top oil exporter, is expected to increase prices for all grades of crude the country sells to Asia for a third month in succession in July, after a jump in Middle East crude benchmarks.
PVH cut the annual profit forecast by $0.10 a share as the Tommy Hilfiger and Calvin Klein owner grapples with tariffs and slowing retail growth, causing 12% decline in shares after hours.
New Zealand revealed plans to spend up to $2.47B a year under the ‘well-being' approach, which the country's government touted as a new option of budgeting, which moves beyond measuring only economic growth.