During 2018 global bond and equity markets traded with high volatility, with no asset class providing a return of at least five percent, causing losses to fund managers. Although, managers surveyed by Reuters revealed on Saturday that they expect a rally in 2019.
On Saturday, BMW named Alejandro Vukovitch as the new head of the BMW's self-driving car department. He will assume his post in January 2019.
The Supreme leader of Iran Ayatollah Ali Khamenei urged the country's central bank to adopt measures to raise the value of national currency, the Governor Abdolnaser Hemmati stated on Saturday.
On Saturday, the China's Foreign Ministry urged Canadian authorities to free Huawei CFO Meng Wanzhou in order to avoid serious consequences.
The President of South Africa Cyril Ramaphosa stated on Saturday that the new minimum wage amounting to 3.5$ per hour or 247$ per month would take effect from 1 January.
On Saturday, thousands of Hungarians went to the streets of Budapest to protest against draft law, which presupposes that employers could ask employees to do overtime work up to 400 hours per year.
The Germany's EVG leader Torsten Westphal stated on Saturday that rail workers would conduct a number of strikes during the Christmas holidays amid failure of negotiations with rail operator Deutsche Bahn.
The President of United Arab Emirates Sheikh Khalifa Bin Zayed Al-Nahyan ruled on Saturday that women must represent half of its Advisory Council.
According to Chinese customs data, exports in November rose by 5.4% on a year-to-year basis only, thus showing falling both domestic and international demand.
The UK Work and Pensions Minister Amber Rudd stated on Saturday that Theresa May's Brexit deal was the most acceptable option, yet there might be a need for plan B.
Akorn's Chief Executive Officer Raj Rai is planning to retire after the drugmaker failed to salvage its merger deal with the German company Fresenius, Akorn announced late on Friday.
On Friday, the Dutch Cabinet proposed a draft law that would grant a right to listed firms to take a 250-day grace period on considering an offer of hostile takeover.
The former US basketball player, Ulysses Lee "Junior" Bridgeman, is likely to buy Sports Illustrated magazine, being the first to lead among potential buyers, from the American media company Meredith for around $150M.
The German Finance Ministry is looking at possible merger scenarios between Commerzbank and Deutsche Bank, as it seeks to ensure that the EU largest economy has a decent lender capable of supporting its firms abroad.
India's Tata Steel and Germany's Thyssenkrupp are nearing a decision on picking the leader of their planned EU steel joint venture, after it had been postponed due to the CEO change at the German industrial conglomerate.
The chat-service company Slack Technologies has selected Goldman Sachs Group, the investment bank, to lead the firm's initial public offering planned for the next year, sourced reported.
Airbus has announced that the company most likely will meet their set airplane production and delivery targets for 2018. Up to November, the company had delivered 673 airplanes. In December, 109 were left to be delivered to meet the target.
On Saturday, Japanese authorities enacted a major policy change. Namely, the country allowed foreign blue collar workers to more easily immigrate into the country to decrease the shortage of labour.
On Saturday, General Electric announced that it is shutting down at the least 18 of the company's new gas turbines. The shutdown is needed to repair the turbines.
On Friday, the death stock pattern was noted by technical analysts of US stocks. Namely, the 50-day simple moving average crossed the 200-day average signalling an upcoming decline.
Representatives of Facebook late on Friday announced that the company will buy back the company's shares. The buyback will amount to nine billion USD.
The incoming Minister of Infrastructure of Brazil announced on Friday that the BR-163 highway, which is set to boost agriculture in the country, will be finished by 2021.
The CFO of Huawei, who was detained in Canada on the request of US authorities, is being charged with covering up her company's deals with a firm that sold tech to Iran against sanctions.
Reuters has announced that a source of theirs has confirmed that the ride sharing Uber Technologies firm has filed for its initial public share offering. The company filed the needed paperwork on Thursday.