The EU biggest independent venture fund Atomico hired the former managers from Uber and Google to join its international expansion boost of the company's portfolio of over 50 growth stage firms and start-ups.
China is thinking over further reduction in the electric car subsidies next year, according to the a Bloomberg report on Friday, calling the carmakers to focus on tech improvements rather relying on the fiscal policy.
The Commerce Ministry of China said on Friday it has no options other than proportionally resist the US President Donald Trump trade bullying, adding that such behaviour negatively affects global value chains.
The Chinese Assistant Foreign Minister Chen Xiaodong said on Friday that Iran is one of the responsible for stability in the Middle East and should do more to get along with Saudi Arabia and other neighbours.
Chinese conglomerate HNA Group stated on Friday that Chen Feng will remain the only chairman after the company's co-founder Wang Jian died suddenly during trip to Europe this week.
The US military's Central Command stated on Thursday that its Navy would be ready to ensure free navigation in the Strait of Hormuz if Iranian Revolutionary Guards tried to take it under its control.
South Korea's tech giant Samsung Electronics estimated that earnings grew at the weakest pace in more than a year of 5.2% in the Q2, as slow sales of smartphones were likely to offset record high chip earnings.
The government of Japan is expected to forecast consumer prices to increase 1.5% in the fiscal year starting in April 2019, a document revealed on Friday.
On Thursday, the President of the US Donald Trump claimed that a chief of US Environmental Protection Agency Scott Pruitt resigned because of the ethics accusations.
On Thursday, Airbus failed to sign an agreement with Chief Executive of Air Asia Tony Fernandes after his visit to Airbus office in Toulouse to negotiate about Airbus A330neo multi-billion deal.
On Thursday, the President of the US Donald Trump named Bill Shine, the former executive of Fox News, to the deputy chief of staff for communications after resignation of Hope Hicks' in February.
Syrian army came closer to the border of Jordan as Russian military and Syrian opposition agreed on resuming previously suspended talks on ending fighting in the region, resulting in UN's request to Jordan to open its borders for refugees.
On Thursday, Chief Executive Officer of Thyssenkrupp Heinrich Hiesinger asked to step down after signing a joint venture agreement between Thyssenkrupp and Indian manufacturing giant Tata Steel.
On Thursday, Boeing Co and Brazilian Embraer SA made a statement that American planemaker will buy controlling stake in Embraer's commercial aircraft arm.
On Thursday, Russian Minister of Foreign Affairs Sergey Lavrov claimed that Russia is trying to do everything possible to maintain 2015 Iran nuclear deal after the withdrawal of the US from the agreement.
On Thursday, the Business Minister of the UK Greg Clark expressed his confidence that Minister's cabinet would agree a common opinion on future customs agreement between the UK and the EU.
On Thursday, a spokeswoman for the Prime Minister of the UK Theresa May said that new Brexit customs proposals would not prevent the UK from signing a trade agreement with the US.
On Wednesday, British carmaker Jaguar said that a trade deal between the UK and the EU is necessary for a company to continue its operations in the UK, otherwise British manufacturer could not stay in the UK.
On Thursday, Ford Motor Co claimed that it has no plans to hike suggested retail price of imported Lincoln and Ford models in China despite the new additional tariffs on US vehicles.
On Thursday, Micron Technology stated that China's temporary ban on the patent infringement lawsuit filed against the US chipmaker would hit its Q4 revenue only by 1%.
Hudson Bay's agreed to sell around 50% of its EU business to the Austrian group Signa Holding in the deal that tie up two German department store chains together, the media reported on Wednesday.
Fosun International stated it would acquire 69.18% match-making assets from Baihe Jiayuan Network Group's Chairman Guo Guangchang in a cash deal valued at $603.4M.
Portugal's telecoms company Altice and China's electronics giant Huawei are working closely to help Portugal become the European leader in the 5G networks' development.
On Thursday, the British miner Petra Diamonds announced it had sold a stake in the joint venture of Kimberley Ekapa Mining for around $22M.