Telefonica is set to acquire some of the Huawei Technologies' core equipment for the planned 5G mobile network launch in Spain but is planning to choose another supplier next year, Telefonica's spokesman stated on Friday.
Italy's economic growth is set to remain weak during the following time period, according to ISTAT, the national statistics bureau, and its report published on Friday.
The US job growth likely rises in November amid the General Motors' former striking workers, who returned to payrolls, potentially confirming the economy stayed on a moderate path of expansion despite an extended manufacturing slump.
During Friday's Asian and European trading hours, crude oil price benchmarks traded sideways, as the markets expected a confirmation of speculated OPEC+ production cuts.
WPP has finalised the 60% sale of Kantar, the data analytics business, to the private equity group Bain Capital, planning to return around $1.2B to investors through the share repurchase programme.
On Friday, the insurance firm Phoenix Group Holdings has agreed to acquire the UK unit ReAssure from Swiss Re AG, in its largest-ever cash and shares deal valued at $4.1B.
Saudi Aramco, the state-owned oil giant, has priced its shares at the top of the range of $8.53 per share in the world's largest initial public offering, Reuters reported.
Big tech groups such as Google, Facebook, Apple and Amazon.com, face a growing number of antitrust probes launched by the US Congress and the federal government over their anticompetitive practices, operations and other more.
International Space Station has launched an intelligent emotion-sensing robot CIMON 2 on Thursday, designed to assist astronauts in orbit and equipped with cameras, microphones and a software that enables emotion recognition.
Uber launched its ride-hailing services in Ivory Coast's capital of Abidjan on the back of the company's expansion into the African markets, which have limited mass transport and low levels of vehicle ownership.
Alphabet's Waymo, the ride-hailing company, upgraded its app to iPhone devices in Phoenix, Arizona, expanding its service to more users in the United States.
On Thursday, Apple Inc announced it had acquired the first-ever carbon-free aluminium from the Alcoa-Rio Tinto joint venture, Elysis, not disclosing the price of the deal.
The Energy Minister of the Russian Federation Alexander Novak on Thursday announced that OPEC+ has recommended to decrease global oil output by 500,000 barrels per day.
On Thursday, General Motors and LG Chem announced that the both companies would create a $2.3 billion electric battery joint venture.
During Thursday's European and US trading sessions, crude oil prices surged, as OPEC+ countries agreed upon decreasing next quarter's production of crude.
BP is raising its stake in Lightsource BP, the solar energy developer, from 43% to 50%, seeking rapid growth during the following few years, both companies stated on Thursday.
Canada's billionaire Lawrence Stroll is seeking to make a bid for the Aston Martin's majority stake, sending the battered shares of the luxury sports automaker up 17%, according to Autocar magazine.
On Thursday, United Airlines Holdings appointed Scott Kirby as its new CEO to replace Oscar Munoz, who is set to take the role of the airline's executive chairman next year.
Oman Oil Co is planning a 20%-25% share sale in an IPO by the 2020-end, a move that will make it the second national oil firm in the Gulf, the state-owned company's Minister Mohammed al-Rumhi announced.
Italian business of ING Groep NV, the Dutch bank, has reached a deal with Italy's prosecutors to settle the money-laundering probe by paying $33.0M, Reuters reported on Thursday.
Tiffany & Co disappointed Wall Street by missing its quarterly sales estimates on Thursday, as weak demand from Hong Kong business disruptions and foreign tourists hit the luxury jeweller's results.
Petrobras' CFO Andrea Marques de Almeida stated on Thursday that the Brazilian state-owned oil group's plan on divesting between $20.0B-$30.0B within the following five years was not ambitious enough, having a necessity to divest from extra assets.
On Thursday, OPEC and its allies announced that it would agree upon increasing oil production cuts. The alliance intends to increase crude oil prices.
Kering, the owner of Gucci and Balenciaga, conducted exploratory talks over a deal to acquire the Italian apparel company Moncler that has a market valuation of $10.80B, according to a Bloomberg report.