The 10-month trade war between China and the United States might be the main factor for Japan's sales tax hike decision this year, if the country's economy remains in the current state, the Prime Minister Shinzo Abe stated on Friday.
China's Huawei is expecting a decline in shipments by up to a quarter in the current year, as the Chinese tech giant was hit by US sanctions, which threaten to remove its smartphones from the international markets.
On Friday, Theresa May announced that she will leave her post as the Prime Minister of the United Kingdom in two weeks. Meanwhile, Ireland already revealed that nothing will change in the Brexit negotiations.
On Friday, oil climbed toward $69 a barrel following two loss sessions; however, is still set for the 2019's biggest weekly fall amid surging inventories and economic slowdown concerns.
The Public Utility Commission of Pennsylvania granted its approval for T-Mobile's $26B takeover of its smaller competitor Sprint Corp, bringing the deal closer to its completion.
The ride-hailing app Uber is planning to launch JUMP, the electric bicycle service, in London starting from Friday, making 350 bikes available for rent in the British capital city.
Britain's Prime Minister Theresa May is set to announce her departure date on Friday, launching a contest to bring another leader to power who could push for more decisive Brexit deal.
The President Donald Trump stated there was a chance to resolve US complaints against the Chinese tech giant Huawei Technologies within the US-China trade deal framework, still continuing to call telecommunications company "very dangerous."
Inditex, the owned of Zara, has appointed Carlos Crespo as the company's new CEO, splitting the chairman and Chief Executive role and leaving Pablo Isla to conduct the group.
On Thursday, Trump's Administration announced a $16B farm aid plan to offset the ten-month trade war losses with China, saying that payment rates were set to be determined by the location where they farm, not what crops they grow.
JPMorgan Chase has trimmed its ties with the OxyContin maker Purdue Pharma over its the drugmaker's alleged role in the American opioid crisis, a move that is forcing it to look for another bank to manage its bill and cash payments.
The Federal Reserve stated on Thursday that the major US banks would seek holding at least $700B in reserves, compared to the existing holdings worth $1.2 trillion.
Yoshiaki Murakami, the Japanese veteran activist shareholder, failed to take over a controlling stake in the printing company Kosaido, according to his funds statement on Thursday, due to the setback on the corporate Japan's entrenched practices.
Shares in Duratex, Brazil's wood panel manufacturer, surged as much as 3% on Thursday after the announcement it would acquire the ceramic tile producer Cecrisa in a deal worth $132.6M.
Israel's Delek Group has clinched an agreement to sell a 32.5% stake in the insurer Phoenix Holdings in the deal valued at $476M to the private equity groups Gallatin Point Capital and Centerbridge Partners.
The private equity firm Triton made a bid to acquire Thomas Cook's Nordic operations, the tour operator stated on Thursday, adding it was reviewing an unsolicited offer, but the negotiations were at their preliminary stage.
The US-based self-driving software Apex.AI has hired the German car boss veteran, who serves as CEO of VW's China business and Continental Ag, Karl-Thomas Neumann, to its board on Thursday.
The US smartphone financing technology start-up PayJoy raised $20M from the venture capital company Greylock Partners with Core Innovation Capital, EchoVC and Union Square Ventures also participating in the funding round.
Nissan Motor has no plans for a potential merger deal with its key shareholder Renault, the Japanese carmaker stated on Thursday, adding that no board nominee is pressing to make the case an issue at the moment.
Tesla is highly likely to hit its record-high for the Q2 deliveries, topping the 90.7K it sent to its customers in the last year's final quarter, the carmaker's CEO Elon Musk stated on Thursday.
The antitrust chief of the US Department of Justice, Makan Delrahim, is still backing the T-Mobile's $26B takeover deal with its smaller competitor Sprint Corp, according to CNBC.
Saint-Gobain, the French construction materials manufacturer, is planning a sale of the French distributions centres that represent €250M in annual revenue.
BP is getting closer to a stake sale of the Egyptian major gas and oil firm to Dragon Oil in a deal valued at more than $600M, banking and industry sources stated.
LondonMetric Property, the British warehouse owner, announced on Thursday it would acquire A&J Mucklow, the RE investment trust, in a stock-and-cash deal valued at $524M.