The Ford Motor Co CEO Jim Hackett told employees on Thursday that last year results were hardly acceptable and this year the company must double its operating profit.
Crude oil prices increased by 77 cents or 1.5% on Friday morning, reaching $53.90 per barrel, amid fears that political crisis in Venezuela might cause disruption in oil production and export.
On Friday morning, the value of shares of Asian largest firm Tencent Holdings Ltd surged by 3% as Chinese regulator granted approval to 95 video games.
Subaru stated that it was found that some 3.4K employees who under-reported their hours were not paid overtime wages over the two-year period, an internal probe revealed.
China's soybean imports from the US dropped 99%t in December to 69.3K tons, customs data revealed, taking the full-year 2018 imports to the weakest level in ten years due to ongoing trade war.
On Thursday, OpenX, the privately-owned ad software company, stated it had signed a five-year deal worth over $110M with Alphabet's Google to exploit the tech giant's cloud computing services.
CVS Health's Aetna together with other health insurers have cooperated with IBM to establish a blockchain network, intending to cut costs in the industry of healthcare by using a technology that allows databases sharing across computer networks.
On Thursday, General Motors stated it would make an investment worth $22M into its Tennessee plant to manufacture fuel-efficient engines.
Ford might face a $1.0B worth bill, in case of Britain's withdrawal from the EU bloc with no deal, comprising the WTO tariffs and a weaker pound impact, according to a source familiar with the matter.
The US think tank called New America, Levi Strauss and Harvard University have tied up on a blockchain platform development to replace the factory safety and health outside auditors with a self-reporting system by employees.
New Fortress Energy is considering to attempt another way around to lunch an initial public offering amid partial shutdown of the US government, according to the Wall Street Journal.
South Africa's Absa has walked away from acquiring the Nigerian bank, its CEO Maria Ramos stated on Thursday, clearing up a question on how the lender would execute the aggressive growth strategy.
Poland announced on Thursday it had decided to eliminate China's Huawei from its plans on establishing 5G network in near future, following tech giant's employee arrest on spying suspicion.
Kuehne & Nagel International has left its mega-merger deal with Panalpina to Denmark's DSV with its approach for the company worth over $4.0B.
On Thursday, two telecoms companies 1&1 and United Internet have held a meeting over participation in the German 5G license auction, which could potentially result in Germany's fourth network operation creation.
Robert Bosch, the German auto supplier, announced on Thursday it bought out Daimler's stake in the joint venture called EM-Motive GmbH, which produced motors for hybrid and electric vehicles.
On Thursday, BP stated it had made an investment into China's start-up PowerShare, a platform that connected electric car drivers to charging stations and assisted power suppliers with distribution balance.
The US government have voiced concerns over India's new e-commerce restrictions, as they would hit the country's largest retailers Walmart and Amazon.com.
On Thursday, Morgan Stanley's CEO James Gorman stated the IPO market would have harmful consequences, if the American government's shutdown continued much longer.
Volvo Cars stated on Thursday its electric car unit Polestar might launch an initial public offering in the future, but the owner had no plans for the company's listing now.
On Thursday, the owner of British Airways, IAG, announced it had no plans to launch new bid for Norway's firm Norwegian Air Shuttle, considering to sell the rest of the company's stake.
Saudi Aramco is looking for advisers to lead the process of its debt financing necessary for the stake acquisition in SABIC, banking resources said on Thursday.
Canada's Bombardier announced it would acquire Triumph Group's aircraft wing-making division, seeing to bolster its business jets programme, not disclosing financial terms of the deal.
The US gift retailer Things Remembered is getting ready to file for the Chapter 11 bankruptcy protection in the nearest future, closing about 400 stores across the country.