The United Kingdom is expected to receive a second warning from the EC over a €2.7B charge from import fraud the European Commission was trying to recover, a senior EU official stated.
Switzerland took steps to help blockchain businesses access the traditional financial system by simplifying corporate bank accounts opening procedure, in a bid to maintain its cryptocurrency hub's status.
One of the leaders in next-gen digital consulting and services Infosys announced a plan to open a tech hub and hire 1K workers in Arizona by 2023.
Denmark's parliamentary majority supported making fines over financial institutions, which were found guilty of money laundering, eight times larger, after the release by Danske Bank of an internal investigation's details.
Narendra Modi, India's Prime Minister, is facing calls to resign from his post over the corruption allegations in a French deal of purchasing 36 Rafale military jets in 2016, saying he had overpaid for the planes.
Japan's PM Shinzo Abe is planning to travel to Australia's Darwin this November, in the first official visit by the Japanese leader since the Asian country's imperial army bombed the city at the time of the World War II.
PayPal Holdings, the US payments processor, has ended its business dealings with Alex Jones's Infowars, the popular US conspiracy theorist amid discriminatory content and hate speech findings on the site.
Google CEO Sundar Pichai is denying the reports about the company's efforts to politically tweak Internet search results, according to Axios memo.
The Chinese most senior envoy opened a new embassy on Friday in the Dominican Republic, after the Caribbean country severed all ties with the self-ruled Taiwan.
China has decided not to send its Vice Premier Liu He to Washington for trade talks scheduled for the next week, as the tariffs threats escalate, the Wall Street Journal said on Saturday.
Shanghai Electric Group has halted the talks to acquire Eletrosul Brazil's power transmissions projects, not disclosing the reasons of the failed deal, according to the market filing.
A tower unit of the Malaysia telecoms company Axiata Group is seeking for acquisition deals worth more than $900M, which the firm aims to compete within this year, its CEO stated.
On Friday, the Financial Times reported that the US President Donald Trump's administration has tapped the US Treasury official Adam Lerrick to serve as the US executive director of IMF.
On Friday, China drafted a new version of Atomic Energy Law which would result in providing support to Chinese firms aiming to go overseas and would help to strengthen the position of such companies on international market.
On Friday, Walmart Inc claimed that tariffs imposed by the US President Donald Trump's administration could result in a price increase of the products which are being sold by the company.
On Friday, the president-elect of Mexico Andres Manuel Lopez Obrador claimed that Mexico will pursue a trade agreement with Canada if NAFTA talks fail.
Financial Times reported on Friday that Invesco is planning an acquisition of OppenheimerFunds from MassMutual, a unit that has around $250M in assets, according to the report.
Sempra Energy has signed an agreement over selling its non-utility US operating solar assets, a wind facility and battery and solar storage development projects to Consolidated Edison in an all-cash deal worth $1.54B.
On Friday, a Serious Fraud office of the UK reported that Italian prosecutors have arrested the former trader of the Deutsche Bank Andreas Hauschild over the manipulation with Euribor benchmark.
On Friday, the economic advisor of the White House Kevin Hassett claimed that the US is getting very close to signing North American Free Trade Agreement with Mexico without Canada.
OPEC and other major oil producers are considering an option to boost oil output by 500000 barrels per day because of the falling oil supply from Iran under the US sanctions.
On Friday, the President of the European Council Donald Tusk claimed that a compromise regarding a withdrawal of the UK from the EU between London and Brussels is still possible.
On Friday, the Deputy Prime Minister of Italy Luigi Di Maio claimed that the new government's budget for 2019 must be focused on Italian people but not on the budget deficit numbers.
On Wednesday, a Senior White House official claimed that the President's Administration is assessing the response of China to the newly implemented tariffs and has no plans to discuss it with China in the nearest time.