Apple Inc hired Ulrich Kranz, a former chief executive at BMW's EV division, to help with its vehicle initiatives, Apple confirmed.
Germany's fashion online retailer About You is set to price stock market listing at €23 per share, in the middle of the marketing range, the bookrunners organising the deal said.
Krafton, the video game holding firm, is expected to launch its IPO next week in what could be South Korea's biggest listing in more than 10 years, sources said.
UBS and German asset manager DWS pressed ahead with their final bids for the asset management unit of NN Group, as Europe's largest insurers quit the auction, sources told Reuters.
The US unit of Volkswagen stated that data breach at its vendor impacted at least 3.3M clients and prospective buyers in North America.
United Airlines stated on Saturday that it would not furlough its flight attendants because of the slowly rebounding demand.
The White House stated on Saturday that G7 leaders would support Biden's minimum corporate tax rate proposal.
The French President Emmanuel Macron made on offer on Saturday to his colleague Boris Johnson to reset bilateral relations if the UK honours its deal with the EU.
US-Russia bilateral relations are at their bottom in many years, Vladimir Putin said in an interview with NBC News.
According to the White House official, in contrast to China's Belt and Road project G7 would initialize and implement its own international infrastructure plan.
Vehicle sales in China declined 3% in May from the same period a year earlier, the first fall since April 2020, industry data revealed.
Toyota Motor Corp announced its intention to make all its global factories carbon neutral by 2035, an executive stated.
McDonald's Corp, the world's biggest burger chain, stated that data breach in Taiwan and South Korea exposed some customer and employee information.
The auto financing arms of Ford Motor and Volkswagen plan to stop providing new credit to dealers and car buyers in India and will quit from the country, sources aware of the matter told Reuters.
The Group of Seven nations and the US were considering reallocating $100B from the IMF's fund to support countries struggling to cope with the coronavirus crisis.
Germany's trucks maker Traton was exploring options of capital increase worth more than $1.2B, as the takeover of US peer Navistar draws to a close, three sources close to the matter stated.
India's financial crime-fighting agency stated that WazirX, one of the country's biggest cryptocurrency exchanges, is under investigation for possible foreign exchange regulations violation.
According to people familiar with the matter, the European Central Bank has urged Deutsche Bank to urgently name a new chairman.
According to sources with knowledge of the matter, insurance broker Aon PLC is set to gain the European Union antitrust approval for its $30 billion bid for Willis Towers Watson.
According to sources with knowledge of the matter, Ford Motor and Volkswagen AG plan to stop providing loans to automobile buyers in India.
On Friday, the European STOXX 600 Index surged by 0.30% to hit a record high and was on track for a sixth consecutive day of gains.
Netflix has plans to roll out an online store deemed for the sale of limited-edition apparel, lifestyle collectables and merchandise based on its popular shows, such as "Stranger Things" or "Lupin".
The Group of Seven is considering reallocation of $100B from the IMF's warchest to aid countries struggling most with the coronavirus pandemic crisis, according to the White House's statement.
On Friday, BlackRock became the first asset manager in the world licensed to launch a wholly-owned Chinese mutual fund business, as China's government opened up its mutual fund industry worth $3.5 trillion.