On Thursday, one of the largest hedge funds in the world, Citadel, announced it would close its Aptigon Capital stock unit after two years it had launched the equities division, while its CEO Eric Felder was set to leave the company.
Chief Executives of Commerzbank and Deutsche Bank revived their talks about a potential merger deal of the Germany's two largest lenders, according to a Focus magazine report seen on Friday.
Airbnb, the home-renting company, stated it had acquired an app for finding discounted hotel rooms, HotelTonight, for an undisclosed amount, amid the company's expansion into the hotel-booking business to lure more travellers.
On Thursday, the US special envoy for Venezuela Elliott Abrams threatened to impose sanctions on banks and other financial institutions working with Venezuela's President Nicolas Maduro.
According to report revealed by the General Administration of Customs, China's imports of iron ore in February dropped to 83.08M tonnes, thus hitting the 10 month low.
The China's General Administration of Customs reported on Friday that the country's exports in February hit the three year low, thus reflecting the gradual slowdown of the world's second economy.
According to data released by the General Administration of Customs, in February China imported only 17.6M tonnes of coal, compared to the 33.50M tonnes in January.
India is set to keep buying Iran's oil at the current 300K bpd level, as it negotiated with Washington over extending the waiver of the US sanctions past early May, two sources said.
The Japanese economy expanded faster than estimated in the Q4, as capital expenditure recovered quickly from natural disasters in the prior quarter.
The average house price in the UK increased to $311T in February, a 5.9% increase from January, the mortgage lender Halifax reports.
The Bulgarian gross domestic product expanded 3.1% in 2018, compared to the year 2017, the National Statistical Institute reports.
The Abu Dhabi Crown Prince Sheikh Mohamed bin Zayed Al Nahyan met with the Russian Foreign Minister Sergey Lavrov to discuss cooperation between the two countries.
The European Union and Mozambique signed agreements worth $240M to support trade in the southeast African country, the Mozambican foreign minister Jose Pacheco reports.
Tunisia plans to establish new free trade zone in the southeastern Medenine province, the Tunisian Minister of Commerce Omar El Bahi reports.
The German economic production stagnated in the fourth quarter of 2018 after declining 0.2% in the third quarter, the Halle Institute for Economic Research reports.
Germany's overall economic output stagnated in the December quarter of the last year after dropping 0.2% over the prior quarter, the IWH revealed.
The British average house prices grew to about $311K in February, 5.9% higher than January, according to data published by Halifax.
The European Central Bank cut its inflation and growth forecasts for this year and lowered those for the following 2020 and 2021, acknowledging that slowdown in Europe was deeper and longer than earlier thought.
Britain's John Lewis Partnership stated that it was ready for Brexit, after reporting a 45% decline in full-year profit and cutting staff bonus to the weakest level in more than 60 years.
Japan's SoftBank Group is planning to launch a $5.0B investment fund with the aim to invest in the technology firms in Latin America, extending its tech reach in the area.
The ECB is set to appoint a person to become the EZ new senior banking regulator in the following weeks, the President Mario Draghi stated on Thursday.
On Thursday, the European antitrust regulators launched an inquiry into the German utility E.ON's takeover of Innogy on the back of the asset swap with rival RWE.
Starboard Value, the activist hedge fund, took a 4% of the Zayo Group Holdings stake, urging the US communications infrastructure provider for a sale.
On Thursday, Xerox Corp stated it would restructure its business on the back of the printer maker's intention to create a holding company, with reorganisation seen to be implemented this year.