The Canadian Imperial Bank of Commerce announced on Friday that the five billion US Dollar deal to acquire PrivateBancorp has been finished. The bank expects to increase its earnings, due to the acquisition, in three years.
Toshiba Corp has announced that the company is ready to hold meetings with Western Digital regarding the disputed chip unit sale. The reason for the talks is the fact that Toshiba chose another buyer instead of WD.
Russian authorities pressure Western tech companies to grant access to their product security secrets, thus providing an opportunity to examine system vulnerabilities.
The four Arab states that cut their diplomatic ties with Qatar demand implementation of 13 requirements to end the Gulf Arab crisis, including limiting the country's ties with Iran.
On Friday, the United Nations Human Rights Council began an international investigation into crimes committed in the Kasai region.
Oil prices rose by 28 cents on Friday, reaching $45.50 a barrel; nevertheless, oil is still set for its worst six-month decline in two decades due to failure to curb oversupply.
On Friday, Australia received an approval from the Philippine government to send two spy planes to help to fight Islamist militants in the Marawi city.
On Friday, the Hong Kong Monetary Authority announced its decision to halt implementation of the Fundamental Review of the Trading Book for a year amid a release of the US Treasury report.
In a statement released on Friday, the Ford said that it decided to recall 15,600 Ikon and Figo cars because of the power steering fluid leak, which might lead to a fire.
Today, at least 11 people have been killed including four police officers in a suicide bombing attack launched by the Taliban in the city of Quetta.
In a statement released on Friday, the Foreign Ministry of Kazakhstan reported the country was not in talks to send peacekeeping troops to Syria.
Roskomnadzor accused Telegram of infringing Russian legislation and said the app might be blocked in the country if it does not give the communications watchdog the necessary information.
The Customs and Trade Minister of Turkey Bulent Tufenkci reported the country's exports to shut-out Qatar had tripled to reach $32.5M since the beginning of the Gulf crisis.
On Friday, RIA news agency reported the Russian Navy had launched projectile strikes on IS targets in the province of Hama, Syria.
The US President Donald Trump has officially nominated Woody Johnson, the owner of the New York Jets, as America's ambassador to the United Kingdom.
In an attempt to put an end to the worst crisis in the Gulf states, four Arab countries that are blackballing Qatar for alleged terrorism support have sent Dona a list of demands.
Asia-Pacific shares remained unchanged during the Friday's session. Meanwhile, crude oil prices inched higher from 10-month lows, despite OPEC's output cuts.
According to the local police office, a blast near the Inspector General office in Quetta, southwestern Pakistan, killed five people.
Toshiba Corp has requested regulators for an extension for submitting the annual financial statement by August 10 since the company did not manage to get an approval from the auditor.
Tesla Inc moved a step closer to establish an electric car manufacturing plant in China in order to avoid a 25% imported vehicle tariff.
Food exporters including European Union and United States are intensifying pressure on China to slash plans for intensive imports inspections as it likely to disrupt trade.
All major US banks passed yearly stress tests by the Fed, having strong capital and keeping their ability to lend to businesses and households during a recession, the Fed report showed.
The European Union heads decided to prolong economic sanctions against Russia as the country failed to implement the Minsk Agreement, Donald Tusk revealed.
The flash Manufacturing PMI for Japan fell to seasonally-adjusted 52.0 in June, its seven-months low, following a final reading of 53.1 in the preceding month.