The Chairman of Venezuala's largest bank Banesco Juan Carlos Escotet slammed on Friday Venezuelan authorities for three-month state takeover and unjustified detention of 11 executives.
The ICT spending of Saudi Arabia grew by 6% to $36B in 2017, while the spending value for this year is expected to reach $40B.
The Hong Kong-based investment holding company Branding China Group Ltd has named the current Executive Director Lo Ken Bon as its new Chief Executive Officer.
South Korea and Saudi Arabia have agreed to expand their bilateral cooperation in such sectors as energy, health and culture.
According to the Wall Street Journal, the financial services provider Fidelity Investments had fired around 200 employees due to alleged misuse of its benefit programs.
The US-based printer and copier maker Xerox Corp appealed on Friday the ruling of a New York court to block its merger with the Japanese Fujifilm Holdings.
During their trade talks, the United States demanded China to reduce its trade surplus with the US by $200B, as well as lower tariffs and subsidies for advanced technologies.
John Williams, the Fed President of San Francisco, stated that the Central Bank should continue to hike interest rates gradually, while no sharp rise in inflation is anticipated.
Apple's stock reached an all-time high after Berkshire Hathaway owned by Warren Buffet disclosed it bought 75M more share of Apple in the first three-month period of 2018.
Oil prices grew nearly 2% on Friday, as the US crude hit the highest level since 2014, as markets awaited details about the new US sanctions on Iran, while global supplies were still tight.
The world's biggest coffee company Nestle was close to deal with Starbucks for the part of the company's business, which sells drinks and bagged coffee in supermarkets.
The US unemployment rate dropped to the lowest level in a more than 17 years of 3.9%, as some out-of-work citizens left the labour force.
The US Non-Farm Payrolls added 164K positions last month, following an upwardly revised gain of 135K jobs in the prior month, the Labour Department reported.
France was against the EU entering into trade talks with the US on metal tariffs, a French official stated, adding that the exemption should be permanent.
The US industrial and aerospace company United Technologies Corp gained EU antitrust approval for its $23B bid for Rockwell Collins, the avionics maker.
China posted a $28.2B current account deficit in the March quarter of 2018, the country's FX regulator stated in the prelimnary report.
Retail sales in the Euro Zone grew less than anticipated 0.1% in March, following a 0.3% rise in the prior month, industry data revealed.
Western Europe's car sales increased 9.1% in the month of April compared to the same month year ago, supported by the timing of Easter holiday, the LMC report showed.
The French Ministry for the Economy and Finance rreported that the country's trade deficit widened in March due to a slump in aircraft sales.
On Friday, European bank stocks were the ones slowing down the rebound of European stock indexes.
The activist fund Elliot has managed to secure two thirds of Telecom Italia's board members. This achievement was gained during the Friday's shareholder vote.
The Chief Executive Office of Tesla on Friday announced that the cut off analysts were searching for a justification to short the company's stock, and that is why they were cut off.
The Prime Minister of the United Kingdom on Friday avoided a complete wipe-out of her party in the London's local election.
The Chinese conglomerate's Alibaba earnings have grown by sixty one percent in the last quarter. This announcement caused a four percent surge of the company's stock price pre-market.