According to sources familiar with the matter, the Chief Executive Officer of Fiat and Ferrari Sergio Marchionne will leave his post amid complications that have aroused after surgery.
On Saturday, the Managing Director of the International Monetary Fund Christine Lagarde said that Argentina "unequivocally" makes the progress on the goal to cut fiscal deficit.
On Saturday, the International Monetary Fund informed that tariffs imposed by the US President Donald Trump after a trade dispute with China significantly slows the growth of global economy.
On Friday, the Prime Minister of the UK Theresa May called on the EU to strike a deal to prevent the hard border between Ireland and the Northern Ireland.
German Chancellor Angela Merkel claimed that despite the stress abroad and home, she would like to keep working on "under pressure" relationships between Germany and the White House.
On Saturday, the President of France Emmanuel Macron and Russian President Vladimir Putin discussed joined humanitarian efforts in the Syrian eastern Ghouta province.
The US Secretary of State Mike Pompeo claimed that the Security Council of the UN stands united in denuclearisation of the North Korea and that economic sanctions is the key instrument for that.
On Saturday, the head of German think-tank IMK Gustav Horn claimed that tariffs imposed by the US President Donald Trump are likely to cost Germans up to €20B.
On Saturday, the supreme leader of Iran Ayatollah Ali Khamenei supported the idea of Iranian President Hassan Rouhani to block exports of Gulf oil if Iranian exports are stopped.
Telecom operators in Russia will need to increase their prices by 10% to cover costs caused by the implementation of the new security law, which orders telecoms to store all user's data for at least 6 months.
The US rejected the proposal from Russia to organise a referendum on the South-East of Ukraine to decide the future of the region, adding that it would not be legitimate since the area is not controlled by Ukrainian government.
On Friday, The Financial Times reported that British pharmaceutical company GlaxoSmithKline considers group's break-up after investors pressed pharma giant to spin off the consumer division.
On Friday, the President of the US Donald Trump warned that the White House is ready to impose additional tariffs on $500B of import from China, escalating a trade war between the US and China.
According to a Russian defence official, Russia has given the United States a plan on Syrian refugees return from camps in Jordan, Lebanon and Turkey.
The Foreign Ministry of Turkey said on Friday it was ready to normalize relations with the Netherlands and return ambassador back to The Hague.
After the Japanese Parliament on Friday passed a law clarifying regulation of casinos, local companies are expected raise their stakes in the country's first resorts.
According to media reports, big American companies such as Alcoa and Amazon are actively looking for ways to smooth the effect from hostile trade policies of the Trump administration.
The Automotive News reported on Saturday that Ferrari and Fiat boards will have a meeting devoted to search of replacement of the current CEO Sergio Marchionne.
One of the largest cryptocurrency exchange Coinbase announced on Friday creation of a political action committee (PAC) whose goal is to raise funds for the next American elections.
China's social e-commerce sector will reach $170B in 2018, a 66.7% year-on-year increase, a report by the 2018 China Internet Conference shows.
The Pentagon plans to provide Ukraine with $200M in security assistance for additional training and equipment to counter Russia's influence in the region.
The Chinese internet sector received $27.6B in the second quarter of 2018, a 72.5% year-on-year increase, a report by China Academy of Information and Communications Technology shows.
The Brazilian government on Friday reduced its growth forecast to 1.6% from 2.5% and increased inflation estimate to 4.2% from 3.4% in 2018.
The Republican party voted on Friday to hold their 2020 presidential convention in Charlotte North Carolina.