Didi Chuxing, the ride-hailing giant, is planning to launch its self-driving service to pick up its passengers in the Chinese city of Shanghai, and seeking for an international expansion outside China's borders by 2021.
China is set to exempt 16 of Tesla's electric vehicle models from the purchase tax, the country's Industry and Information Technology Ministry announced on Friday.
Citigroup's analysts stated on Friday that British banks would face up to 25% hit to their earnings in case Britain left the European Union with on deal.
CNH Industrial, the Italian-American industrial automaker, is exploring a potential spin-off of its Iveco truck unit on the back of a wider reorganisation plan, Reuters reported on Thursday, citing sources.
On Friday, as the US Dollar gained value and China had been devaluating its currency due to trade wars, the Chinese Yuan was expected to book the largest monthly decline since 1994.
On Friday, representatives of the United Kingdom and Ireland announced that they have not reached an agreement to deal with the Brexit Irish border backstop.
On Friday, a member of the ECB Executive Board Sabine Lautenschlaeger announced that it is much too early for the ECB to consider a package of monetary stimulus.
Workday reported stronger-than-expected quarterly revenue, which jumped 34% to $757.2M, as the company signed up more firm for its software, sending share up 1.2% in extended trading.
Apple announced on Thursday that it will start selling parts, repair guides and tools to independent repair stores for broken iPhones, adding that the program will launch in the US before being extended to other countries.
Volkswagen is set invest $577M in one of the company's Brazil factories, the state governor of Sao Paulo Joao Doria stated on Thursday during his visit to the headquarters in Germany.
EU antitrust regulators are expected to clear Novelis' $2.6B Aleris' takeover after the US aluminium producer promised a far-ranging concessions' set, sources familiar with the matter stated.
The US auto sales were expected to increase 5% in August from the same month a year ago, supported by high volumes amid higher manufacturer incentives and increased average sales prices, LMC Automotive. and J.D. Power stated.
Germany's inflation weakened with consumer prices rising 1.0% year-over-year in August, after 1.1% increase in the prior month, while unemployment grew, adding to signs that the economic growth slowed and strengthening expectations of the new ECB stimulus next month.
The Index representing contracts on pending home sales in the US dropped unexpectedly 2.5% in July, according to the report by the NAR that suggested that households likely to be holding back amid heightened concerns about the economy.
On Thursday, Best Buy Co stated it was expecting its annual same-store sales outlook below analysts' forecasts amid the US tariffs imposed on China imports, such as video game consoles, smartphones and other electronics.
Sony Corp is planning to sell back its 5% stake to the Japanese medical and imaging equipment maker, Olympus Corp, for $762.88M, following Third Point LLC's call for such a move.
Tencent Holdings has scrapped its plans for a $150M investment in the Chinese education company VIPKid amid Beijing's intention to tighten the online education platforms' oversight.
Goldman Sachs-backed CityFibre, the UK broadband operator, has launched a bid for the rival TalkTalk's network firm FibreNation, according to a Sky News report.
On Thursday, Apple announced that the company will stop gathering Siri audio requests that are made by clients.
Folksam's Chief Executive Jens Henriksson has been appointed as a new CEO to Swedbank, in the lender's efforts to rebuild confidence following the recent money-laundering scandal.
France's Q2 economy grew 0.3%, a little faster than initially thought, amid strong investments in business that helped offset the soft consumer spending, according to Reuters.
The Italian President Sergio Mattarella is expected to give a green light to a new government formation on Thursday at the meeting with the Prime Minister Giuseppe Conte scheduled for 0730 GMT.
On Wednesday, Hudson's Bay announced it was planning a sale of its department store business, Lord + Taylor, to the fashion rental service firm Le Tote in a deal worth around $100M, amid the retail operator's intention to cut the portfolio to a couple of key brands.
PVH Corp, the owner of Calvin Klein, cut the full-year revenue and profit forecast, as the the company saw pressure from the increasing trade tensions between the US and China and the lingering protests in Hong Kong.