The ECB will seek Deutsche Bank to lift fresh funds ahead of granting its approval for the merger with Commerzbank, sources familiar with the situation reported on Friday.
The Finance Minister of Japan Taro Aso addressed on Friday regional banks and said that mergers could be a solution against squeezed profits caused by low interest rates.
The Director-General of the World Trade Organisation (WTO) Roberto Azevedo stated on Thursday that some sectors of the Britsh economy would bear significant costs, if the government failed to negotiate a Brexit deal.
China's cross border procurement platform of e-commerce giant Alibaba expanded more than 120% in 2018 from the prior year, the company reports.
The US based agriculture company Cargill has begun the construction of a plant in the east China's Jiangxi Province, the company reports.
The Vietnamese economy is expected to expand 6.8% in 2019 and another 6.7% in 2020, the Asian Development Bank reports.
The economic growth in Laos is likely to remain stable over the next few years, a latest report published by the Asian Development Bank shows.
The Reserve Bank of India on Thursday cut its repo rate by 0.25% to 6% to provide cheap financing for commercial banks, a statement issued by the RBI shows.
The Reserve Bank of India on Thursday lowered the GDP growth forecast for the current fiscal year to 7.2% from a previous forecast of 7.4%, the central bank reports.
The East African region is expected to expand 5.9% in 2019, a slight increase from 5.7% growth in 2018, the African Development Bank reports.
Macao International Airport serviced more than 2.33M passengers in the first three months of 2019, a 17% increase from the prior year, the airport reports.
The World Bank has approved $100.5M to improve public spaces in four large neighbourhoods of Dhaka, the World Bank Country Director for Bangladesh and Bhutan says.
The Angkor Archaeological Park earned $35.9M in the first three months of 2019, a decline of 9% compared to the same period the prior year, a company statement shows.
Target is set to raise its minimum wage in the United States to $13 per hour starting from June, from the current value of $12, lifting the company's payroll costs and challenging the rival Walmart to lure retail employees in the labour market.
The Massachusetts Institute of Technology, the elite US school, has cut its ties with the Chinese tech companies, such as ZTE Corp and Huawei Technologies on the back of an inquiry into the firms for sanctions violation.
Toshiba stated on Thursday its transfer of the US LNG business to the Chinese firm ENN Ecological Holdings had been delayed due to the lack of approval by the US panel.
On Thursday, the British Competition and Markets Authority stated it had been exploring a takeover of the payments company Earthport Plc planned by Visa to view if it could cause less competition.
Independent News & Media, the Irish largest newspaper group, announced on Thursday it received a takeover proposal, sending its shares 23% up on the news.
On Wednesday, shares of the French construction materials firm St Gobain surged as much as 2.9% on media reports about a potential asset sale to a Chinese group.
Switzerland's bank UBS Group is exploring possible options for the asset management business, including a partial merger or sale of the unit, according to a Bloomberg report.
The Australian government has passed a law that will allow the authorities to fine web hosting and social media companies up to ten percent of their turnover, if the companies do not remove violent content.
On Thursday, stock prices on the European continent paused their rally. The surge stopped, as the Euro, in which the stocks are valued had paused its decline.
On Thursday, First Abu Dhabi Bank and Abu Dhabi Islamic Bank denied they had launched any merger talks, following a media report claiming the emirate sought to combine them.
The US insurer Allstate Corp entered exclusive negotiations over its insurance policies book sale to FGL Holdings, valued at between $2.5B-$3.0B, sources reported on Thursday.