The Prada CEO Patrizio Bertelli stated there was never any intention to sell the luxury goods group, adding that his son was getting ready to take control over the company one day.
On Friday, the US President Donald Trump stated that Russia should be at the G7 meeting, despite an expulsion from the Group of Eight nations over Ukraine's Crimea.
On Friday, IWG stated that the British private equity firm TDR Capital and the US property investment fund Starwood Capital are set to make firm bids for the company or drop until June 29.
Verizon Communications has appointed the CEO and ex-Ericsson head Hans Vestberg as the company's new boss on Friday to replace the current Chief Executive Lowell McAdam on August 1.
On Friday, Nikkei reported that Apple is set to ship 80M new model iPhones in 2018, 20% less from what the company has planned the same time a year ago.
The German Chancellor Angela Merkel is set to meet with the IMF Managing Director Christine Lagarde and the President of the World Bank Jim Yong Kim on Monday.
The United States has reached a deal with the Chinese telecommunications company ZTE Corp to continue its business in the country in return for a $1B fine.
The European antitrust regulators are set to rule on whether to allow Ryanair to acquire a 75% stake in Laudamotion by July 12, according to the EU Commission report on Friday.
North Korea's leader Kim Jong Un is set to land at the Changi airport in Singapore on Sunday, right ahead of a summit with the US President Donald Trump, sources reported on Friday.
Geisinger Health System's CEO David Feinberg has appeared to be the top candidate to run the healthcare venture formed by JPMorgan Chase & Co, Berkshire Hathaway and Amazon.com.
Airbus is nearing to clinch a deal with Bombardier's Cseries jetliner programme to acquire its controlling stake, the companies announced on Friday.
Walmart has filed a suit to the court urging to bar the former senior tax executive Lisa Wadlin from joining Amazon.com, as the move values a non-compete accord and could irreparably harm the company.
Yahoo's European regulator ordered the company to amend the privacy measures on the back of a probe into the biggest ever data breach affecting the EU citizens.
On Thursday, Lumentum Holdings, the optical component producer, stated that Aaron Tachibana, its Chief Financial Officer, had stepped down from his position after three years being in the role.
Thyssenkrupp, the German conglomerate, is considering selling a part or an entire of its naval vessels business that is a part of the company's Marine Systems unit, sources familiar with the issue stated.
On Thursday, China's electronics manufacturer TCL Group has launched a high-class Blackberry smartphone in the United States, touting privacy and security features to differentiate it from other phones.
On Thursday, Alphabet's Google stated it would not allow the use of its artificial intelligence technology in weapons or any unreasonable surveillance efforts amid the company's new standards for the nascent field's business decisions.
In light of bilateral trade talks, Japan's automakers association (JAMA) slammed the initiative expressed by the United States to increase tariffs on Japanese auto exports.
The US President Donald Trump stated on Thursday that he and the Prime Minister of Japan Shinzo Abe were working closely to find solution to various trade issues between the two countries and will continue this work in future.
Crude oil prices surged only by 9 cents on Friday morning, reaching $66.04 a barrel, as investors looked at Venezuela's problem to fulfil its supply obligations.
According to customs data revealed on Friday, despite tense relations and fears of a new trade war China's trade surplus with the US expanded from $22.15B in April to $24.58B in May.
Donald Trump stated after negotiations with Japan's Prime Minister Shinzo Abe that the leaders were working together to enhance trading relations and that the PM promised new investment in the US.
Ant Financial, the operator of the largest online payment platform in China, stated that it raised around $14B from investors, such as US private equity firm Warburg Pincus and Singapore's sovereign fund.
Japan's Ministry of Finance reported that the country's current account surplus was at ¥1.89T in April, following a ¥1.77T surplus in the prior month and missing estimate for a ¥2.10T reading.