Kosovo's new government removed all trade limitations for goods from Serbia in a bid to resume talks with Belgrade over an agreement enabling it to get UN membership.
Volkswagen considered more cost cuts, aiming to help cope with the economic impact of the COVID-19 pandemic, a spokesman for the automaker stated.
Cloud9, the voice trading software supplier, raised $17.5M in the second funding round led by UBS and joined by JP Morgan and Barclays as existing investors.
On Saturday, the Malaysian government revealed that it would increase its sovereign budget deficit by doubling it.
It was revealed on Saturday by Reuters that the new OPEC and ally talks pushed Iraq and Nigeria to better comply with output quotas.
On Saturday, Malaysian authorities revealed that not even $3 billion are enough to settle the 1MDB case with Goldman Sachs.
OPEC and other oil producing countries on Saturday agreed upon an extension of crude oil production cuts.
On Saturday, private equity company Sycamore Partners revealed that it is negotiating the acquisition of JC Penney.
The Prime Minister of Poland Mateusz Morawiecki stated on Saturday that due to the coronavirus the economy could shrink by less than four percent.
On Saturday, the former Vice President of the United States Joe Biden secured the needed necessary delegates to receive a presidential nomination.
The Finance Minister of Malaysia Tengku Zafrul Aziz stated on Saturday that the government would not accept $3B compensation from Goldman Sachs for the 1MDB case settlement.
In a meeting held on Saturday the OPEC countries and their allies are expected to reach agreement on prolongation of production cuts for another month.
The Prime Minister of Poland Mateusz Morawiecki stated on Saturday he hoped that the country economy would not drop more than 4% in 2020.
On Saturday, the OPEC countries met with Russian and its other allies' representatives to discuss record production cuts.
Canada has reported a surprise job gains in May by adding nearly 290K positions, after some provinces eased their coronavirus pandemic restrictions on businesses, according to data showed this Friday.
The cell therapy firm Legend Biotech's shares skyrocketed nearly 61% in the US market debut, marking strong investor interest for new IPOs.
Toyota Motor Corp is planning to launch new joint venture with China's auto companies, including FAW Group, GAC and Dongfeng Motor, to develop hydrogen fuel cell systems.
Canada has made a decision to postpone its 5G spectrum auction by six months with intention to allow telecoms firms to shift their focus to providing essential services amid the COVID-19 pandemic.
WeWork's co-founder Miguel McKelvey is set to leave the office-sharing start-up by July during the tough time for the troubled company, as the coronavirus pandemic forced people to work from home rather than use WeWork offices.
The growth stocks and heavyweight technology are driving Nasdaq to its all-time high, as signs of the economic recovery emerge from the coronavirus pandemic, Reuters reported.
Sycamore Partners, the private equity firm, has entered the preliminary talks to buy J.C. Penney Co out of bankruptcy, in case negotiations of the American department store chain with its creditors lose out.
On Friday, Wall Street soared on the unexpectedly high May jobs report, signalling that the US economy is heading to more rapid-that-anticipated recovery after the coronavirus crisis.
Germany's manufacturing orders declined 25.8% in April in adjusted terms, following upwardly revised 15.0% fall in March, Destatis reported.
Budget airline AirAsia Philippines announced plans to layoff 12% of its workforce amid the travel restrictions triggered by the coronavirus pandemic.