Gilead Sciences was nearing a deal to acquire biopharmaceutical firm Immunomedics Inc for more than $20B, the WSJ reported, citing sources familiar with the matter.
The US Federal Aviation Administration is set to launch a training review of the grounded Boeing 737 MAX this Monday in London that can potentially return the planes to service.
SoftBank Group is getting closer to the sale of Arm Holdings, the UK chip designer, to Nvidia Corp in a deal worth over $40B, according to the Wall Street Journal's report published on Saturday.
Apple Inc has revised its App Store guidelines, easing restrictions on online classes, streaming game services and developers' usage of the in-app purchase system.
On Saturday, China has banned German pork imports after confirming the African swine fever's first case last week; a decision that will harm German producers and lift global prices.
The President Xi Jinping has called on his country to step up technological innovation as well as accelerate financial support for a basic scientific research.
TikTok's owner ByteDance is planning an investment of billions of dollars in Singapore with the further recruitment of hundreds of employees, as the company chose to set regional headquarters there, Reuters reported.
Spain has proposed to impose a tax on the WhatsApp-like companies that provide instant messaging services, based on the firms' revenue, according to a senior government official's statement.
Microsoft has rolled out the Xbox cloud gaming service at the price of $1 during the first month for its new users, aiming to lure casual gamers and outrace its rival Sony.
Citigroup Inc has hired Bank of America's executive Jennifer Taylor to head compliance for the lender's Institutional Clients Group based in the United Kingdom.
Tesla announced its plans to export Model 3 cars made in China to the markets of Asia and Europe, according to two sources familiar with the matter.
According to the Bloomberg News, SoftBank Group Corp is plannig to review and adjust its options investment strategy into tech companies.
On Friday, Apple Inc published a revised version of its App Store guidelines, softening some restrictions after recent conflicts with Hey publicly, Epic Games and others.
The US Federal Aviation Administration (FAA) to conduct a training review of the Boeing 737 MAX on Monday to check whether it is eligible for flights.
Genting Malaysia, the casino operator, has injected $150M cash into the US-based firm Empire Resorts, citing financing and working capital purposes.
Tesla has entered talks with Canada's miner Giga Metals, offering help in the large mine development for the access to its low carbon nickel necessary for Tesla's batteries, Reuters reported.
Xerox Holdings, the US printer maker, announced about William Osbourn, the Chief Financial Officer, departure effective September 30, adding the company was looking for a permanent successor.
Prada's sales in China recovered since shops reopened in the country and to date rose beyond 2019 levels, CEO Patrizio Bertelli said.
IBM stated that the US should adopt new rules to limit the facial recognition systems' export to repressive regimes, which can be used to commit human rights violations.
The German inflation rate remained unchanged at 0% in August, compared to the previous month, data published by the Federal Statistical Office show.
Foreign direct investment in China increased 18.7% to $12.3B in August, compared to the same period in 2019, the Ministry of Commerce reports.
Thailand's cross-border trade declined 8.5% in the first seven months of 2020, compared to the same period the previous year, the Foreign Trade Department reports.
The economy of India is expected to contract 11.5% in the current fiscal year amid the pandemic, a statement published by the rating agency Moody's shows.
The economy of Kenya is expected to expand 2.6% in 2020 from 5.4% the previous year amid the coronavirus pandemic, data published by the National Treasury show.