According to sources familiar with the matter, Toshiba Corp plans to slowly get rid of its stake in Kioxia Holdings after the latter makes an IPO.
The German discount grocery chains Lidl and Aldi would focus their attention on home delivery and curbside pick-up services.
Timotheus Hoettges, the CEO of the German telecom giant Deutsche Telekom, said that the company would keep control of the US operator T-Mobile if Softbank sells its stake.
According to sources with knowledge of the matter, Piraeus Bank has appointed UBS and JPMorgan to auction off $7.8B of bad loans.
On Friday, the Turkish Central Bank announced that the first usage of the Chinese Yuan funding under the swap agreement signed with the People's Bank of China.
According to data released by Statistics Canada on Friday, Canada's retail sales declined by 26.4% in April.
Richard Clarida, the Vice Chairman of the Federal Reserve declared on Friday that the Fed is not planning to lower its 2% inflation target, despite the current decline.
On Friday, Apple Inc. declared of provisional store closures in four US states due to the rising number of COVID-19 cases, lowering hopes of swift economic recovery.
According to the Reuters poll, published on Friday, the Turkish Central Bank is likely to cut its benchmark interest rate by 8%.
On Friday, the Thai Central Bank cut its benchmark interest rate by 2%-4% points for personal loans and credit cards.
On Friday, crude oil prices surged above $42 per barrel. Brent crude rose by 2.6%, to $42.60 at 08:29 GMT, while the US West Texas Intermediate climbed by 2.8%.
US stocks edged higher on Friday, as Nasdaq Composite pushing closer to a record high, while the Dow Jones Industrial rose by 133.00 points.
Samsung Electronics is set to move its Chinese display production to a plant located in Vietnam this year, according to a state media report seen on Friday.
Germany's Volkswagen has entered talks with its rival car manufacturers over making an operating system that could be used in the car of the future, VW's board member Christian Senger said.
Wirecard's Chief Executive Officer has resigned this Friday after the searches for missing cash worth $2.1B from the payments company's accounts reached a deadlock in Asia.
On Friday, BMW announced it was planning 10K more layoffs of contract workers, as Germany's luxury automaker sought to cut its capacity amid the coronavirus crisis.
On Friday, the European stocks surged, despite coronavirus cases rose in some countries, ahead of the European Union meeting.
On Friday, Nissan Motor Co stated it would reduce more shifts at three Japanese assembly plants amid plunging demand, as the carmaker struggles to recover from the coronavirus pandemic.
On Friday, Wirecard, the German payments firm, hit out at unidentified fraudsters after $2.1B went missing from the company's accounts, sending shares down as much as 60% on the news and clouding Wirecard's future.
Albertsons Cos, the US grocery retailer, stated was planning to attract up to $1.51B in an initial public offering that would be launched on the New York Stock Exchange.
SoftBank Group is set to invest at least $2.0M in 14 minority-led US start-ups, as part of the company's efforts to expand its array of entrepreneurs for funding.
The US President Donald Trump resumed his threats to cut relations with China, after Robert Lighthizer, the US Trade Representative, told the Congress that he did not see mitigation the Chinese and US economies as an effective option.
The US gasoline demand recovery fluctuates, according to data released for the last week, as COVID-19 cases rose in some states, undermining refiners' efforts to boost low fuel production.
The semiconductor manufacturers SkyWater Technology and Globalfoundries have reached an agreement to supply chips to the US defence industry and develop new technology, amid rapid-growth of the manufacturing industry in the country.