Brookfield Asset Management has entered talks to buy 30% stake in Brazil's sanitation firm Brookfield Ambiental, owned by FGTS, the workers severance fund, in a deal that could be potentially valued at $520M, according to sources.
On Friday, the EU governments would try to choose a candidate to head the International Monetary Fund from a list of two names, Bulgaria's Kristalina Georgieva and Netherland's Jeroen Dijsselbloem.
According to the spokesperson for MTN Nigeria, the telecoms firm has requested the Nigerian tribunal to decide if it should pay corporation tax to the Nigerian tax authority.
On Friday, the US Dollar fell 0.63% against the Japanese Yen after the US Labour Department announced that the US economy added 164,000 jobs in July.
On Friday, US stocks hit a one-month low. The decline was attributed to the escalating trade tensions between the United States and China.
According to analysts from the Bank of America, President Donald Trump's newly proposed tariffs on products made in China is likely to hit Apple's annual earnings.
According to the US Labour Department report, the US economy added 164,000 jobs in July, right in line with expectations and the rate of growth over the past quarter.
On Friday, Sprint Corp reported its has lost fewer-than-expected quarterly phone subscribers, 128K users against the 150K reading estimated by analysts, due to the US wireless carrier's plans that helped the company to retain customers.
The London Stock Exchange's $27B worth merger deal will rehabilitate the financial data company Refinitiv's $13.5B debt, sending Refinitiv's bonds prices to their all-time highs on Thursday, after the LSE formally confirmed the acquisition.
On Friday, Campbell Soup has confirmed a sale of its Australian snacks business Arnott's, as well as some of the international operations, to the global investment firm KKR &Co, in a deal valued at $2.2B, amid Campbell's attempts to cut its debt.
On Friday, a decline in global stocks was attributed by financial media to Trump's waged Trade War. Despite that it should be noted that a sell off of global stocks began on Wednesday on the Federal Reserve announcement.
AT&S, Austria's printed circuit board producer, reported its Q1 core profit dropped amid weaker demand from the automotive industry and smartphone makers, sending the company's shares down 3.9%.
South Korea is planning to take action to cross Japan off the white list countries that have fast-track export status in retaliation to the same move made earlier by Japan, the South Korean Finance Minister stated on Friday.
Boeing Co is planning to change the software of its 737 MAX aircraft flight-control system, seeking to address the flaw found after the June tests, sources close to the matter reported.
Morgan Stanley is moving closer to taking a majority stake in its China investment banking joint venture by acquiring 2% stake the bank needed for control, taking its total stake ownership to 49%.
Jeff Bezos, the founder of Amazon.com, has sold his shares worth $1.8B during the last days of July, cutting the stake value in the third most valuable group in the world to around $110B.
Taiwan's Foxconn is considering to sell its $8.8B display panel plant based in China due to weaker demand for the product caused by intensifying US-Sino trade war, Reuters reported on Friday.
Pinterest raised the full-year forecast for sales and reported revenue above Wall Street's estimates, up 62% to $261M in the second quarter, as the company added 30% more users, causing a 12% rise in shares in extended trading.
GoPro raised its revenue forecast from a 7% to 10% rise to between 9% and 12% increase for 2019, as the action camera producer bet on new product releases slated for this year and helping its shares reverse course to be traded 5% higher.
The government of India announced on Thursday that a ten billion valued ultra-fast hyperlopp project has been started in the state of Maharashtra.
On Thursday, BMW announced a 20% decline in earnings, which was attributed to investments in electric and hybrid vehicles.
It was announced on Thursday by Reuters that the European governments have allowed the UK to put forward a British candidate for the position of the head of the IMF.
On Thursday, General Motors announced better than forecast quarterly earnings, which were attributed to good pickup truck sales.
During its monetary policy announcement on Thursday, the Bank of England announced that it is decreasing its UK economic growth forecast.