China approved a wealth management JV between BlackRock, Temasek Holdings and CCB, as the country gradually opens its financial sector to international companies.
The Chinese electric car manufacturer XPeng Motors seeks to raise more than $1B in the upcoming US IPO as the investor interest toward electric vehicle stocks is rising.
The US investment bank is considering the possibility to raise a venture fund of $2B next year aimed at investments in growth companies and startups.
The UK travel agency specializing in youth tourism has ceased trading after being hit by the hardships caused by the COVID-19 pandemic.
After seeing a record-high demand for the 30-year bonds on Wednesday, Germany's Treasury will increase the offering and sell $11M of notes next week.
As stated by Turkey's Automotive Industry Association on Saturday, the production of motor vehicles declined 27% from the beginning of 2020 until July, leading to a plunge in exports.
According to the information released by the government of Spain on Saturday, more than 50% of the businesses that were closed during the peak of the pandemic have now reopened.
On Saturday, the French government declared that the details of the $118B coronavirus recovery plan will be unveiled in the first week of September rather than next Tuesday.
Wells Fargo & Co resumed layoffs in the beginning of August as a part of the cost-cutting initiative, the company's spokeswoman stated on Friday.
According to sources familiar with the matter, TikTok is preparing a claim against the US President Donald Trump's executive order prohibiting transactions with the app and its parent company ByteDance.
The US Securities and Exchange Commission (SEC) decided on Friday to delete some personal data from its trading database amid pressure from the brokerage industry.
The People's Bank of China stated on Saturday that asset management firms opearting without license represented notable threat to the country's financial stability.
The Turkish President Tayyip Erdogan announced on Friday discovery of a 11.3T cubic feet gas field in Black Sea.
Joe Esposito, the Senior Vice President at Delta Air Lines, stated on Saturday that the company was ready to resume 50 international flights next year.
The European Union and the United States announced a mini-deal valued at nearly $200M to slash import tariffs over some products, including US lobsters.
JPMorgan Chase & Co announced plans to launch its online UK retail bank in the Q1 of 2021 under the Chase brand, Sky News reported.
Amazon.com announced that Jeff Wilke, its longtime Executive and Consumer Chief, is set to retire next year after more than two decades with the company.
The US home sales grew 24.7% to an annual rate of 5.86M units in July, as low interest rates fuelled demand for homes even during coronavirus crisis.
Nippon Paint Holdings, the biggest paint maker in Japan, struck a $12.2B deal to join with Wuthelam Holdings, aiming to create dominant paints and coatings firm in Asia.
Wirecard signed a deal to sell its assets in Brazil, the first asset to sell after the firm collapsed due to an accounting scandal earlier in 2020, its insolvency administrator stated.
European software investor Hg is set to invest nearly $2B in Visma, the Norwegian software company, which is currently valued at about $12.2B, sources said.
The European Commission approved a €290M aid package for German carrier Lufthansa's Belgian unit to help the company to ride out the coronavirus crisis.
Several top executives at Adyen, the Dutch-based payment-processing firm, sold 15% of their stakes in the company, cashing $822M in total.
The European Purchasing Managers Indices released on Friday revealed worse than expected outlook and caused a Euro decline.