PSA Group demanded 3,7K job cuts in Germany by 2020, after it had already removed around 2K job positions due to the buyout process, the Work Council Chief for Opel stated on Friday.
On Friday, Britain has expressed its confidence in the Brexit negotiations, adding it did not expect a return to the hard border with Ireland after the country's withdrawal from the EU.
Schlumberger, the world's leader in oilfield services, reported on Friday its profit surged 88% to $525M in the first quarter amid rising prices on crude oil that encouraged North America's clients to increase spending.
The UK Government Investment has appointed Charles Donald on Friday as a new Royal Bank of Scotland's head to manage stakes in Britain.
Insurance Australia Group is planning to sell four Southeast Asia's businesses under its Asian operations review in deals that could be possibly valued at around $500M.
The e-commerce giant Alibaba Group bought China's microchip maker, seeking to further its cloud-based IoT business and help drive the local chip sector.
On Friday, Bayer announced it had received an official approval by the Russian antitrust regulator FAS for its scheduled Monsanto takeover deal worth $62.5B.
Rudy Giuliani, the former New York Mayor, is set to join the personal legal team of Donald Trump, the US President's lawyer Jay Sekulow announced on Thursday.
The US Defence Contractor Lockheed Martin seeks to propose a new stealthy jet hybrid to Japan, based on its advanced F-32 Lightning II and the export-banned F-22 Raptor aircraft, sources close to the matter reported.
Jana Partners, the activist investor, has taken a 9.1% stake in the US firm Pinnacle Foods on Thursday, sending the food distributor's shares up almost 8% to %59.75 on the news.
Shares of Japan's Takeda Pharmaceutical dropped about 5% on Friday amid investors' worries about the size of a deal the company would have to clinch to seal the Shire's purchase.
Oil prices edged slightly lower but were still located near three-year highs on Friday, as they were boosted by strong demand and OPEC supply cuts.
The South Korean unit of General Motors is set to hold talks with its labour union on Friday in order to avoid bankruptcy threats.
Canada's, Mexico and the US minister aiming to revamp the NAFTA deal made a progress in one of the most vital questions of autos, Canadian FM stated.
Haruhiko Kuroda, the Bank of Japan Governor, stated that rising protectionism was emerging as higher risk to the country's economic recovery.
The International Monetary Fund and the Euro zone were discussing options for Greek debt relief in the future, but were not talking about bailout extension, EZ officials stated.
Germany's economic growth is expected to slow in the March quarter, though the upswing in the economy is likely to remain robust, the Finance Ministry stated.
Canadian airline profitability, which managed to reach the 20-year high in 2017, is likely to soften this year amid higher labour and fuel costs.
Austria announced the intention to act just as a bridge linking Europe and China, attracting investments and laying the ground for trade on the Silk Road.
Mark Carney, the Governor of the Bank of England, dampened expectations for an increase of interest rates in May, adding that there were other meetings this year.
Gabon is set to invest $277M in the following three years to expand the company's fibre optic network to enhance digital connections.
On Thursday, Canadian Prime Minister Justin Trudeau claimed that a Kinder Morgan pipeline, which is opposed by British Columbia, would be built, adding that it will serve the interests of Canadians.
On Thursday, German Chancellor Angela Merkel during her meeting with French President Emmanuel Macron urged to compromise regarding upcoming Euro zone reforms.
On Thursday, one of the largest asset management firms BlackRock Inc claimed that security regulators need to reconsider international standards for voting rights of shareholders.