The President of China Xi Jinping stated that the country must enhance its core technology innovation, as it wpuld be key to high-quality economic development and national security.
The US import prices marked the strongest decline in over two years in June, as petroleum products' prices dropped and the strong US Dollar weighed on other goods' costs, indicating benign import inflation pressures.
India's second-largest IT company Infosys retained the revenue outlook for its fiscal year ending in March, with the CEO optimistic about demand for the firm's services in the key markets of Europe and the US.
Wells Fargo & Co showed in the report that its quarterly profit fell short of analysts' estimates, as expenses rose amid former missteps, while lending activity weakened, sending the company's shares down 4% in early trade.
Citigroup reported that its quarterly profit topped Wall Street forecasts on strength in the company's consumer banking business, though revenue missed estimates, weighed down by weaker debt underwriting.
India's trade deficit widened to the five-year high in the month of June, mainly driven by higher oil prices and the weaker Rupee, the country's Trade Ministry stated.
Goldman Sachs economists stated that they placed a 60% chance that the Trump administration would impose tariffs on an extra $200B worth of China's imports targeted recently.
France's La Poste has unveiled its plans to acquire a stake in the insurer CNP Assurances held by Caisse des Depots, the state-owned investment fund, with no further disclosure of the details of a deal.
The US Department of Justice is planning to appeal the approval from Federal Judge over the AT&T $85.4B worth takeover of Time Warner, that has raised the prospect month after the deal signed.
Metro retailer has no plans over a sale of Germany's hypermarket chain Real, the CEO Olaf Koch stated in an interview on Friday.
The Foreign Minister of Russia Sergei Lavrov had a telephone conversation on Friday with his American counterpart Mike Pompeo about the upcoming two presidents' meeting in Helsinki.
The CEO of Tupolev construction bureau Aleksandr Konyukhov said on Friday that Russia's Air Forces will start using upgraded strategic bomber Tu-160M in 2022.
JPMorgan Chase & Co announced on Friday an 18.3% surge in quarterly profit based on higher trading revenues, tax gains and increase in interest rates.
The US President Donald Trump stressed on Friday how important ally the United Kingdom is and noted that relationship with this country was "very, very strong".
The President of the United States has criticized Theresa May's Brexit plan indicating that it kills the possibility of a US-UK trade deal.
The United States on Friday accused North Korea for not observing the refined petrol import limitations set on the country.
On Thursday, Microsoft has debuted its free tier of the workplace collaboration software called Teams to outrace its main competitor Slack Technologies in the market.
Apple announced on Friday it was set to launch $300M worth green energy fund in China, as it seeks to invest in the renewable energy projects, which could power about 1.0M homes in the Asian country.
Apple has launched on Thursday new features for its MacBook Pro, including the faster core processor, better security and larger memory to the 13 an 15-inch models.
Nestle is selling some of its New Zealand's brands, such as Black Knight licorice and Mackintosh's toffees to the Australian firm Quadrant Private Equity.
Michelin, the French tyre maker, stated it would buy Canada's Camso in a deal worth $1.45B, aiming to unlock around $55M in synergies from the acquisition by 2021.
Italy's Edizione has finalised the takeover of a 29.9% stake in Cellnex from Spain's Abertis, believing that the telecom masts firm has great growth prospects, it stated on Thursday.
On Thursday, the mining firm Rio Tinto has confirmed it would sell its 40% stake worth $3.5B in the world's second-largest copper mine, Grasberg, to the Indonesian state miner PT Inalum.
The Kazakh state oil firm KazMunayGaz's unit KMG International is still planning to acquire another 26.7% of Rompetrol Refinare from Romania's government.