European stocks were calm on Friday, as the latest round of trade talks between the US and China produced no breakthrough.
Global stocks market surged on Friday following Fed Chairman Jerome Powell remarked that steady interest rate increases were best for the US economy growth
On Friday, Gap Inc shares fell eight pct in premarket trading, a day after Flagship brand reported another drop in similar sales.
On Friday, Papa John's hired Lazard Ltd and Bank of America Corp to help look for ways to maintain the restaurant chain.
On Friday, oil prices rose by 2% on signs of Iran sanctions may constrain worldwide supply, and that trade war is unlikely to stop China's needs for the US crude oil.
Cigna shareholders voted in favour of the health insurer's proposed $52B Express Scripts acquisition, though the deal still required clearance from the antitrust authority.
The Federal Reserve's steady interest rate increases were the best way to protect the recovery of the US economy, keep job growth strong and inflation under control, Jerome Powell, the Fed Chair, stated.
Societe Generale and UniCredit declined to provide any comments on their potential merger deal on Friday.
Munich Re has completed its talks with Guggenheim Partners, the US fund manager, with no deal reached, according to Bloomberg News report published on Friday.
On Friday, the Canadian biggest pipeline operator Enbridge stated it would acquire Spectra Energy Partners in a deal valued at $3.3B.
Four Toyota Motor group companies are set to establish a joint venture to merge their automotive technologies to rival with the self-driving component titans such as Bosch.
Germany is looking for a global bank to help its domestic firms in their business abroad, the country's Finance Minister said in an interview published on Friday.
Shares in Kingspan, Ireland's building materials company, jumped 8% this Friday due to a report on its half-year profits that bet analyst's forecasts, driven by its recent acquisitions strong performance and core insulation business.
The German engineering company Siemens explained in a statement on Friday that it did not plan to cut 20k jobs, as previously reported by Manager Magazin.
The US Dollar weakened on Friday, as investors were waiting for the Fed Chair Jerome Powell delivering a speech later in the day that could show the bank's monetary policy plans.
Alphabet's Google stated it had detected and removed 39 YouTube accounts that were linked to the Islamic Republic of Iran Broadcasting.
On Thursday, VMware posted better-than-expected Q2 revenue and profit results, driven by a higher demand for the company's cloud software service.
On Thursday, HP topped analysts' forecasts for its quarterly results, raising its annual adjusted profit estimates, driven by the rapid growth in the company's personal systems business and the Samsung printer business acquisition.
Microsoft is facing the US bribery probe over potentially corruption and bribery linked to its Hungarian software sales, according to the Wall Street Journal's report published on Thursday.
Platinum Equity is considering a possible initial public offering or sale of the backup power provider Vertiv, in a deal that could value the firm at about $6.0B, sources reported on Friday.
Petrofac Ltd, Britain's oilfield services provider, stated on Friday it would sell its interest in the North Sea's Greater Stella Area to the gas and oil operator Ithaca Energy for about $292M.
Waymo, Alphabet Inc's self-driving car project, has registered a fully-owned enterprise called Huimo Business Consulting in Shanghai with capital of ¥3.5M.
As a result of the Liberal party's victory in Australian parliamentary elections, the current Treasurer Scott Morrison will take position of the country's sixth Prime Minister.
Japan's annual consumer inflation stalled in the month of July and government pressure to cut smartphone fees could undercut price growth ahead, hindering the central bank's efforts to reach the price target.