The Chinese Premier Li Keqiang on Friday announced that the US trade tariffs slammed on China will create a bad outcome for both countries.
It has been recently noticed and revealed by some analysts that Nestle is progressing due to it having a CEO, which has a mixed cultural background.
Mitsui & Co, Japan's trading house, is likely to raise its stake in the Brazilian firm Vale SA, in case of other shareholders selling part of their shares, the company's Chief Executive stated.
Rolls-Royce is planning to sell its unprofitable commercial marine business unit to the Norwegian group Kongsberg Gruppen for $661M amid the company's restructuring launched by its CEO Warren East.
Echostar, the US satellite group, stated it was hoping for talks with the Inmarsat board after the British company rebuffed its takeover bid worth $3.2B to equity holders.
On Friday, LG Electronics stated its Q2 operating profit likely surged 16.1%, missing analysts' expectations for a higher reading for the company's new products in the appliance, TV and smartphone divisions.
The EU biggest independent venture fund Atomico hired the former managers from Uber and Google to join its international expansion boost of the company's portfolio of over 50 growth stage firms and start-ups.
China is thinking over further reduction in the electric car subsidies next year, according to the a Bloomberg report on Friday, calling the carmakers to focus on tech improvements rather relying on the fiscal policy.
The Commerce Ministry of China said on Friday it has no options other than proportionally resist the US President Donald Trump trade bullying, adding that such behaviour negatively affects global value chains.
The Chinese Assistant Foreign Minister Chen Xiaodong said on Friday that Iran is one of the responsible for stability in the Middle East and should do more to get along with Saudi Arabia and other neighbours.
Chinese conglomerate HNA Group stated on Friday that Chen Feng will remain the only chairman after the company's co-founder Wang Jian died suddenly during trip to Europe this week.
The US military's Central Command stated on Thursday that its Navy would be ready to ensure free navigation in the Strait of Hormuz if Iranian Revolutionary Guards tried to take it under its control.
South Korea's tech giant Samsung Electronics estimated that earnings grew at the weakest pace in more than a year of 5.2% in the Q2, as slow sales of smartphones were likely to offset record high chip earnings.
The government of Japan is expected to forecast consumer prices to increase 1.5% in the fiscal year starting in April 2019, a document revealed on Friday.
On Thursday, the President of the US Donald Trump claimed that a chief of US Environmental Protection Agency Scott Pruitt resigned because of the ethics accusations.
On Thursday, Airbus failed to sign an agreement with Chief Executive of Air Asia Tony Fernandes after his visit to Airbus office in Toulouse to negotiate about Airbus A330neo multi-billion deal.
On Thursday, the President of the US Donald Trump named Bill Shine, the former executive of Fox News, to the deputy chief of staff for communications after resignation of Hope Hicks' in February.
Syrian army came closer to the border of Jordan as Russian military and Syrian opposition agreed on resuming previously suspended talks on ending fighting in the region, resulting in UN's request to Jordan to open its borders for refugees.
On Thursday, Chief Executive Officer of Thyssenkrupp Heinrich Hiesinger asked to step down after signing a joint venture agreement between Thyssenkrupp and Indian manufacturing giant Tata Steel.
On Thursday, Boeing Co and Brazilian Embraer SA made a statement that American planemaker will buy controlling stake in Embraer's commercial aircraft arm.
On Thursday, Russian Minister of Foreign Affairs Sergey Lavrov claimed that Russia is trying to do everything possible to maintain 2015 Iran nuclear deal after the withdrawal of the US from the agreement.
On Thursday, the Business Minister of the UK Greg Clark expressed his confidence that Minister's cabinet would agree a common opinion on future customs agreement between the UK and the EU.
On Thursday, a spokeswoman for the Prime Minister of the UK Theresa May said that new Brexit customs proposals would not prevent the UK from signing a trade agreement with the US.
On Wednesday, British carmaker Jaguar said that a trade deal between the UK and the EU is necessary for a company to continue its operations in the UK, otherwise British manufacturer could not stay in the UK.