Global stocks declined on Friday, as investors and traders switched to a safe-haven bond, after the US President Donald Trump threatened to impose tariffs on imports from Mexico.
The global automaker's and supplier's shares declined on Friday after the US President Donald Trump's threat to impose tariffs on Mexico.
On Friday, ride-hailing service Uber announced that it would suspend its XL service in Istanbul. However, passengers in the country's largest city would still be able to use the smaller yellow taxi.
On Friday, the broadcasters Mediaset and ProSiebenSat.1 denied a media report about potential talks between the two companies over establishing a pan-EU TV firm, after Italy's media house acquired the 9.6% stake in the German competitor.
Renault's board is set to hold a meeting on Tuesday to review Fiat Chrysler's merger offer, after Bruno Le Maire, the Finance Minister, reiterated conditional support of the government for the tie-up.
Australia's AGL Energy has walked away from the takeover offer made for Vocus, after failing to reach the agreement on diligence terms between the two companies, AGL announced on Friday.
Amcor will have to make a divestment of its three production facilities and the rest of its assets to acquire Bemis Co, according to the US Justice Department statement.
Mike Pompeo, the US Secretary of State, stated that the US aimed to warn Germany and other international partners about the consequences they might face from buying the next-generation wireless 5G networks produced by Huawei.
On Friday, Reuters published a report, which stated that global equity managers have pulled out more than ten billion USD from global stocks and bought bonds.
KKR & Co appointed Malcolm Turnbull, the ex-Australian Prime Minister, as the global senior adviser effective from June 1, the global investment company stated on Friday.
On Friday, the EU shares dropped to over three-month low, led by the automakers Fiat Chrysler and Volkswagen, after the US President Donald Trump had vowed he would impose tariffs on Mexico's imports, escalating global trade tensions.
CBS Corp board is expected to enter merger negotiations with the Viacom media company in the middle of June, CNBC reported, sending Viacom's shares up 3.5% to $28.72 on Thursday due to the news.
Amazon.com has expressed its interest in acquiring Boost Mobile, the pre-paid cellphone wireless service, owned by Sprint and T-Mobile, according to sources.
The US President Donald Trump stated on Thursday that he would increase tariffs on all goods originating from Mexico by 5% if the neighbour did not stop the flow of illegal immigrants.
China's factory activity slumped more than expected, rising pressure on Beijing to implement more stimulus to support the economy hit hard by the trade war with the US.
According to the Reforma newspaper, the former CEO of Mexican state oil firm Pemex Emilio Lozoya is wanted by state authorities for alleged money laundering.
According to a source familiar with the matter, Juul Labs Inc, the US e-cigarettes brand, was considering an option of opening a chain of retail stores in the United States for adult customers.
According to a government data, this week the US Federal Reserve has acquired mortgage-backed securities (MBS) worth $29M, compared to $67M bought in the week before.
General Motors announced that it would invest $24M to increase production of full-size trucks at its assembly factory in Indiana's city Fort Wayne, which makes GM's GMC Sierra and Chevrolet Silverado models.
The Brazilian economy shrank in the March quarter for the first time in three years, data revealed, pushing the largest economy of Latin America closer to a recession.
Heineken NV is set to invest £110M to renovate the company's four plants in Sao Paulo, the most populated stated in Brazil, the statement revealed.
The US economic growth has accelerated by 3.1% in the Q1, missing the forecast modestly, with a slight decrease from the previous downwardly revised reading of 3.2% jump.
China is planning to receive reasonable demand for its rare earth from various countries, but finds it unacceptable that any state would use China's rare earth to develop products that could possibly to suppress and turn down the Asian country.
On Thursday, Israel's lawmakers have voted for the Parliament dissolution, triggering new election as Benjamin Netanyahu, the country's Prime Minister, failed to establish a coalition government when the midnight deadline came.