Signa Sports United, the sporting goods retailer, agreed to the NYSE listing via a SPAC merger, in a deal that values the company at $3.2B, according to Reuters.
The European Central Bank called on Deutsche Bank on Friday to urgently find a successor to its chairman Paul Achleitner before his term ends, Reuters reported.
UK's recovery from the coronavirus crisis accelerated in April on easing lockdown measures, marking the fastest monthly growth since the mid-summer leaving production 27.6% higher compared to the previous year.
Several virtual keyboard apps developed by such companies as Sogou and Iflytek were removed from the Chinese app stores due to rising scrutiny of data protection and the technology sector.
China's Huawei Technologies is planning to develop self-driving passenger vehicle technology by 2025, as the world's telecommunications equipment leader seeks to diversify its business amid US sanctions.
On Friday, Amazon Web Services stated it would open data centres in Israel, weeks after the country had inked a deal with Google and AWS for an over $1.0B project to provide their cloud services for the Israeli military and public sector.
Apple hired the ex-senior BMW electric car unit executive, Ulrich Kranz, to assist the tech giant's EV initiatives, according to Bloomberg News.
Didi Chuxing, China's ride-hailing company, disclosed its plans for a stock market listing in the United States, an IPO that is expected to become one of the largest in the world in 2021.
Microsoft is cooperating with worldwide TV manufacturers to allow its Xbox users play games via internet-connected smart TVs using only a controller.
ByteDance rolled out its new brand "Volcano Engine", offering the proprietary algorithm that is used to power personalised recommendations in TikTok to corporate clients, seeking to expand the company beyond the mainstay consumer products.
Ledger, the French technology and digital firm, has completed its new $380M round of funding, valuing the company over $1.5 billion.
Italy is planning to invest over €1.0B ($1.22B) into the building of the electric vehicle gigafactory in cooperation with the carmaker Stellantis, which will play the leading role, the country said.
On Thursday, Verizon Business has rolled out its first commercial private 5G in the United States to supply government departments and businesses with high-speed outdoor and indoor connectivity.
Twitter appointed Mimi Alemayehou, the development finance executive, to the company's board of directors to succeed Elliott Management's partner Jesse Cohn, according to Reuters.
The Bank of Canada kept its key interest rate unchanged at 0.25%, data published by the central bank show.
Greece issued €2.5B of 10-year debt at a rate of around 0.9%, the Finance Minister Christos Staikouras says.
Inflation in China will stay below 2% this year, the governor of the People's Bank of China Yi Gang says.
BMW plans to slow down car production at its largest European plant in Germany amid shortages of semiconductors, the German car manufacturer reports.
On Thursday, S&P 500 futures have turned negative following the May inflation data report that showed a larger-than-anticipated surge, while weekly unemployment claims fell less than expected.
United Airlines has entered talks to acquire nearly 200 single-aisle planes in a multibillion-dollar deal that would benefit both Airbus and Boeing planemakers, Reuters reported.
Global costs on food import are likely to surge 12% this year to their record high amid robust demand and rising commodity prices during the COVID-19 pandemic.
Altice group acquired a 12.1% stake valued at around £2.2 billion in UK's BT Group, becoming the company's largest shareholder.
On Thursday, Tesla is planning to launch its Model S high-performance version Plaid, seeking to revive interest in the almost decade-old sedan as well as fend off competitors such as Mercedes-Benz, Lucid Motors and Porsche.
UK's competition watchdog is set to launch an official competition inquiry into the e-commerce company Amazon.com, according to the Financial Times report published on Thursday.