Cyril Ramaphosa, the South African President, pledged to push through the country's tough reforms after he had won the African National Congress elections last wee, despite a recent decline in his party's confidence.
Teva Pharmaceuticals and other US drugmakers were accused by the several US states of organising a sweeping scheme to inflate prices on drugs, in some cases by over 1,000%, stifling competition for the generic drugs.
On Saturday, Bayer stated it would not tolerate "unethical behaviour" after France had opened an inquiry into an alleged file assembled by Germany's Monsanto, the seed making unit, to influence lawmakers and journalists on their positions regarding pesticides.
Fresenius entered talks with potential suitors over the blood transfusion business sale, hiring Goldman Sachs as the advisor to explore the possible deal, sources reported on Friday.
LVMH has collaborated with the Barbadian singer Rihanna to launch new fashion label Fenty after the singer's full name, Robyn Rihanna Fenty, in the French group's rare move to establish a brand from scratch, tapping into rising demand for tie-ups with celebrities in the luxury world.
Middle East's Etihad Airways submitted an offer for India's Jet Airways stake, the State Bank of India division, overseeing the stricken airline's sale.
Wirecard is expecting the five-year profit potential of the Japanese Softbank Group's alliance at between $235M-$307M, the German payments firm stated on Friday.
On Friday, Inmarsat's shareholders voted to sell the UK satellite company to the private equity-led consortium in a deal worth $3.4B, after a recommendation from the firm's board on a deal.
Germany's struggling company Thyssenkrupp is set to focus on its most successful business of lift elevators, following the regulatory opposition's rejection of its plans to split its steel division.
Sycamore Partners made an unsolicited bid worth $407.8M for Chico's FAS, the women's apparel retailer, seeking to take the firm private, and sending Chico's shares up 8% to $3.99 on Friday, much above Sycamore's offer of $3.50 for a share.
China's BAIC Group seeks to acquire a 5% stake in Daimler amid its intention to secure the company's investment in Beijing Benz Automotive, the Chinese Mercedes-Benz manufacturing firm, according to Reuters sources.
On Friday, a US House of Congress Democrat lawmaker suggested that US President's advisors are fined each day $25,000 for obstructing congressional investigations of Trump's administration.
On Friday, US investors Michael Terpin gained $75.8 million in a case against a 21 year old Nicholas Truglia, who was proven to be a part of a crypto currency fraud scheme. The case has set a precedent that allows to sue crypto fraud.
On Saturday, Chinese state media announced that there are three main issues that need to be discussed in the US-China trade talks. However, the three announced points were not expressed clearly.
On Friday, a Federal US Judge aggressively questioned the Securities and Exchange Commission on the filling of the civil suit against Volkswagen AG. Namely, the SEC took too long to file the case.
On Friday, Livent announced that two of its senior executives are leaving the company to pursue other goals. The announcement has been made just two days after the lithium producer cuts its 2019 forecasts.
This week, Facebook rejected the proposition from one of its co-founders Chris Hughes that the company should be split into three separate companies. The split was designed as an idea to avoid US regulator investigation.
The Sackler family, which is being blamed for the US opioid epidemic, namely the sale of OxyContin painkillers, reportedly has split into two factions due. The family has split due to the constant lawsuits.
On Saturday, it was revealed that the US Census Bureau official, who was in charge of the tech infrastructure for the upcoming 2020 census has switched jobs. A year before the major event, the important position has been left vacant.
During this week, various stocks revealed their sensitivity to the US-China trade relations. It is expected that, as the negotiations continue, the volatility of the trade impacted stocks will continue to remain high.
Reuters revealed on Saturday that the search for a new Wells Fargo Chief Executive Officer is hurt by set up pay limits. A group of candidates has already declined the offer due to the low pay.
Although Uber shares declined during their first day of trading, the demand for the stock was seen as the largest since Facebook. The market participants want to own Uber, but not for the initially set price.
On Friday, French officials announced that the French Prosecutor's office has started to investigate a suspected Bayer manipulation of various persons in France.
A Reuters source on Friday revealed that the financial group Goldman Sachs is close to buying the wealth manager United Capital Finance Partners for several hundred million USD.