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.
Facebook Inc has acquired Mapillary, the Swedish mapping technology firm, which collects images provided by thousands of contributors in order to build up-to-date and immersive maps, both companies said.
The Turkey Wealth Fund plans to acquire 26.2% of Turkcell, Turkey's GSM operator, a statement published by the managing director of the fund Zafer Sonmez shows.
China's fiscal revenue decreased 13.6% in the first five months of the current year, compared to the same period the previous year, official data show.
The German travel sector contracted 23% in the first quarter of 2020, compared to the prior quarter, data published by the Federal Statistical Office show.
The Spanish government plans to inject over €4.26B in the tourism sector to help it recover from the coronavirus pandemic, the Spanish Prime Minister Pedro Sanchez says.
Kroger Co sees the 2020 outlook for its profit and the same-store sales higher-than-expected after topping Wall Street estimates for quarterly results, boosted on higher demand for its essentials during the lockdowns.
The EU Commission has entered the advanced talks with Johnson & Johnson, intending to buy or reserve up-front doses of the COVID-19 vaccine, which is currently under development, Reuters reported.
Wells Fargo & Co's investment adviser is planning the feeder fund platform's sale to the fintech company iCapital Network, it stated on Thursday, not disclosing the amount of the deal.
China has granted its approval for JPMorgan's first foreign-owned future business operations, as the world's second-biggest economy is expanding its multi-trillion-dollar financial market.
On Thursday, Facebook Inc is set to share its privacy practices report to the new board committee on the back of its agreement with the US FTC over data privacy investigation.
Ford Motor Co is preparing to offer hands-free driving set on the new Mustang Mach-E already next year, four years after GM and six years after Tesla had introduced similar systems.
On Thursday, the US private equity fund KKR announced it would acquire Roompot, the Dutch vacation parks company, in a deal which financial terms were not disclosed, according to Reuters.