Wejo was in negotiations to go public through the SPAC merger with Virtuoso Acquisition in a deal, which would value the UK connected vehicle data start-up at $1B, sources said.
Inditex, the owner of Zara, Bershka and Pull & Bear brands, is set to close all stores in Venezuela as an agreement between the retailer and its local partner came under review.
According to preliminary reports, manufacturing acitivity in the US accelerated in the first half of May amid solid domestic demand.
One of Airbus operators stated on Friday that the company would work on extending the range of the A220, its smallest jet.
The European Commission announced on Friday that it had started a preliminary investigation over possible violation of antitrust regulations by Coca Cola.
The UK Marks & Spencer is expected to publish a report on Wednesday showing an almost 90% yearly profit decrease because of the pandemic.
The US Securities and Exchange Commission (SEC) gave green light to Nasdaq Inc's proposal to allow entreprises to raise capital via direct listings.
Canada's retail sales increased 1.8% in the first three months of 2021, data published by the Statistics Canada show.
Eurozone business growth accelerated in May at the fastest pace in three years, a survey conducted by Markit, a financial information company, shows.
The International Monetary Fund wants to spend $50B to ensure a quicker rollout of vaccines against COVID-19 as only about 9.5% of the global population has been vaccinated.
The UK plans to propose Australia a trade agreement that will eliminate quotas and tariffs over the next 15 years, the BBC reports.
The Eurozone's business growth expedited at its strongest pace in more than three years in May, but the ECB President said that unclear recovery still needed support from the ECB.
Snap announced on Friday that it will buy WaveOptics, the augmented reality technology company based in Britain, for over $500M.
Elon Musk said stated that Tesla was considering establishing its presence in Russia and was looking at whether it could open factories there in the country.
The National Association of Realtors reported that existing home sales declined 2.7% to a seasonally adjusted yearly rate of 5.85M units last month, the lowest level since last year's June.
The IHS Markit report showed that the US Manufacturing PMI increased to 61.5 in the first half of May to the highest level since 2009 amid solid domestic demand.
On Friday, Snap Inc announced it would acquire the UK augmented reality technology firm WaveOptics in a deal worth more than $500 million.
Daimler Truck's CEO Martin Daum stated on Friday that he expected further job losses in the coming 15 years at the European truck engine factories due to the transition to "green" trucks.
US stock indices started Friday's US trading with a gap up, as a previously started recovery was extended.
During Friday's US trading hours, the stock price of Nvidia surged by 3.77%. The move was attributed to the company announcing a 4-for-1 stock split.
Elon Musk is considering to establish Tesla's presence in Russia, including the potential building of factories there.
On Friday, SoftBank Group announced that Ron Fisher, the long-time lieutenant of the Chief Executive Officer Masayoshi Son, and the the chip designer Arm's CEO Simon Segars are set to leave the conglomerate's board.
China's Huawei Technologies has plans to expand the smart vehicle partnership with Chongqing Changan Automobile, with the expansion to include the development and design of the semiconductor chips.
On Friday, the Chinese internet watchdog stated that tech giants including Baidu, ByteDance and Microsoft had collected their user data improperly.