On Friday, Huawei Technologies has launched the first 5G smartphone in China, adding it would soon roll out smart TVs that are equipped with Huawei's Hongmeng operating system.
Contemporary Amperex Technology, the Chinese electric car battery maker, stated it would launch the battery storage business in Japan starting from 2020 under its alliance with the solar power firm Next Energy, as the company seeks to expand its footprint across the world.
The US economic growth likely expanded at the slowest pace in over two years in the Q2 as a speed-up in consumer spending had been potentially offset by weak business investment and exports.
Alibaba Group Holding's semiconductor division has launched the first core processor IP, as the Chinese e-commerce and tech giant continues its expansion into advanced technologies.
Renault has reduced its revenue goal as te carmaker's profit for the year's first half was hit by declining demand in the car industry and the collapse of earnings at the alliance partner Nissan Motor on the back of the Carlos Ghosn row.
The UK sporting goods retailer Sports Direct stated it was still finalising the already delayed results for the full year, expecting to release the report later on Friday.
Brazil's Petrobras has received $112M this week through the recovered assets and leniency deals from the parties involved in Brazilian expanding corruption probe into Car Wash, the oil giant reported.
Berkshire Hathaway has increased its stake in the Bank of America on Thursday, raising its number of shares owned in the company from 950M as of July 17, according to a regulatory filing.
The California Superior Court ruled on Thursday that Bayer AG had to pay $86.7M in damages to a plaintiff for a cancer causing weed killer Roundup.
Apple took the main step towards supplying its own smartphone chips by buying the majority of Intel's modem business in a $1B deal, the companies announced.
Boeing reported the biggest-ever quarterly loss, tumbled by the spiralling costs spent on resolving the 737 MAX jet issues, and warning the planemaker may have to halt the production of it completely, in case it faces new hurdles with regulators.
Dalian Wanda Group conglomerate's unit Wanda Sports Group has reduced the size of the US IPO to about $380M from its initial size of around $500M, lowering the price range to $9-$11 per ADS in comparison with the $12-$15 range that was stated previously.
On Thursday, the world's largest conventional gas producer Gazprom stated it received bids worth $3.15B to sell 3% of the company's own shares, which it was selling in the market.
The world's biggest sportswear maker Nike is considering options for its Hurley International surfwear brand, including its potential divestment, as such brands are losing their appeal within non-surfing consumers.
China's largest car industry association reduced this year's sales estimates to a 5% drop YOY to 26.68M cars amid slowing economic growth, expecting sales to drop for another year running, CAAM stated on Thursday.
Nissan Motor has revealed its biggest plan on restructuring in a decade, cutting 12.5K job positions globally and flagging potential plant shutdowns to control its costs that increased during Carlos Ghosn being a CEO.
On Thursday, the US President Donald Trump called on the Republicans in the House of Representatives to vote for the US government spending plan, which consisted of a two-year deal aimed to expand the borrowing authority of the nation and fund the country's federal government.
The Federal Reserve has cut tits rate this month for the first time in a decade, while analysts forecast another later during the year due to growing economic risks from the US-Sino trade war.
On Wednesday, the US electric carmaker Tesla missed its Q2 financial targets, pushing back the company's profit timeline for the second time, while announcing its founding engineer and Chief Technology Officer J.B. Straubel was set to step down from the role.
Advent International, the US private equity group, agreed to acquire the British defence and aerospace company Cobham, known for its air-to-air refuelling technology, in a deal valued at $5.0B.
On Thursday, the European Central Bank announced that it has no objections to Christine Lagarde being appointed as the President of the ECB.
On Thursday, Clariant, the Swiss chemicals maker, stated has postponed the planned joint venture with SABIC, following the abrupt resignation of its Chief Executive Ernesto Occhiello.
On Thursday, Toyota Motor Corp stated it would make a $600M investment in Didi Chuxing, the Chinese ride-hailing giant, and a newly-formed joint venture amid companies' intention to develop electric and connected vehicle technologies in the Asian country.
AstraZeneca has raised its sales estimates for 2019 by a low double-digit percentag, boosted by cancer medicine sales, including Tagrisso treatment's almost doubling results, according to Reuters.