The mobile phone operator Veon is set to cut its management job positions amid the company's intention to simplify its structure and return to the traditional telecoms model.
General Electric, the US industrial conglomerate, posted a smaller-than-expected plunge in the Q1 profit this Friday, as renewable energy and weakness in power offset its aviation gains.
On Friday, India's Wipro topped the Q1 profit estimates boosted by the higher BFSI revenue.
DoorDash, meal delivery service, hired Uber Technologies' Finance Director as the company's Chief Financial Officer, getting closer to the start-up's IPO.
On Friday, State Street, the US custodian bank, stated it would acquire the privately-controlled investment management company Charles River Development in a deal worth $2.6B in cash.
Airbus has renewed its attempts to launch a sale of the parts maker PFW Aerospace that it had acquired in 2011, seeking to avoid maker's insolvency.
Lufthansa stated it is still interested in the restructured airline Alitalia and that it has not changed its position after Italy's call for a controlling stake in the carrier.
The Office for National Statistics reported on Friday that the UK public net borrowing was £4.2B month-on-month in June, thus missing analysts' expectations of £3.6B.
The Swiss banking regulator FINMA said that Rothschild Bank AG had violated anti-money laundering rules when doing business with the Malaysian wealth fund 1MDB.
The latest US tariffs imposed on the $200B Chinese goods are likely to hit Apple Watch's streaming music speakers, health trackers and other accessories that are assembled in China.
SoftBank's Vision Fund is planning to invest nearly $1.0B in China's developer of a facial recognition technology, the Bloomberg report showed on Friday.
AirAsia X is seeking an initial public offering for its Thai unit in the near time, amid intention to reshuffle itself into the group holding company, the co-CEO Tony Fernandes stated on Friday.
On Friday, Sweden's Telia Company has clinched a deal to acquire Bonnier's Broadcasting unit valued at $1.0B, as part of its strategy to target the Nordic core markets.
Germany is getting closer to investing into 50Hertz, as it seeks to fend off the Chinese firm State Grid at the upcoming auction for a 20% stake in Germany's HV energy network operator.
On Thursday, Ethiopian Airlines' CEO Gebre Mariam stated the company was in discussion over a stake takeover in Eritrean Airlines with intention to determine their deal's size.
In light of release of environmental impact study the government of Japan could re-consider necessity of deployment of the American Aegis Ashore missile systems.
Crude oil prices increased by 14 cents on Friday morning, reaching $69.60 a barrel, despite widespread concerns about the upcoming economic slowdown caused by restored trade wars.
According to South Korean estimates, the growth of its northern neighbour's economy dropped by 3.5% from the previous year, thus marking the largest decrease in the last twenty years.
At celebration of the 39th anniversary of the Sandinista revolution the President of Nicaragua Daniel Ortega called protesters to stop destabilizing the country and restore order and peace.
Volkswagen AG is set to furlough about 1K workers at the company's largest plant in Brazil, representatives of the union stated, amid slumping exports to Argentina and weaker economic expansion.
Japan's core inflation growth quickened modestly last month, with the rise supported mainly by gains in oil prices with costs of other goods picking up slightly, a setback for the mission of the Bank of Japan to get 2% inflation.
Microsoft Corp reported quarterly revenue and profit that beat analysts' forecasts, as more businesses signed up for the company's Office 365 and Azure cloud services.
Germany's economic growth was likely to accelerate slightly in the Q2 from 0.3%t in the prior quarter, though the threat of a trade war and Brexit presented risks to the outlook, the Finance Ministry stated.
Tilray, the Canadian medical marijuana firm, has lifted about 36% in its US trading debut this Thursday, after raising around $153M in the IPO.