The EU largest hotels group AccorHotels agreed to acquire a 50% stake in the hotelier Sam Nazarian's unit SBE Entertainment Group in a deal valued at $319M.
Niantic Labs, the Pokemon Go creator, is seeking to sell such technology that would bolster its titles to the other game makers, the Google-backed start-up stated on Thursday.
On Thursday, Twitter said that Ed Ho, its product head, is willing to step down for some personal reasons and would be replaced by Periscope's ex-CEO Kayvon Beykpour.
Novartis announced its plan on Friday to spin off its Alcon eye-care devices unit and to buy back abut $5.0B in shares, as the company targets to expand in prescription drugs area.
According to the Nikkei newspaper, Orix Corp, the Japanese financial services company, has acquired the US-based infrastructure maintenance provider Peak Utility Services for an amount that was not disclosed.
China's Xiaomi has priced its initial public offering in Hong Kong at the lowest level of the planned range, raising $4.72B in four years, sources familiar with the issue reported on Friday.
On Thursday, Grupo Financiero Banorte stated that Mexican regulator had approved its takeover of the Grupo Financiero Interacciones peer, adding the process should be completed by this July-end.
The German Chancellor Angela Merkel stated on Friday she was satisfied that leaders of the European Union managed to write a "positive" common text on migration.
The Prime Minister of Italy Giuseppe Conte welcomed on Friday an agreement on migration reached by members of the European Union after nine hours of negotiations in Brussels.
Luis Marquez and Edward Oduber were named on Friday as two new executives of the US refining arm of Venezuela's PDVSA Citgo Petroleum.
Crude oil prices dropped by 26 cents or 0.4% on Friday, reaching $73.19 a barrel, amid growing concerns about trade confrontation between the US, EU and China.
Nike beat profit in the fourth quarter and revenue estimates, as focus on direct-to-customer sales and new launches helped reverse decreasing sales in North America for the first time in the reported year.
China Tower, the world's biggest mobile mast operator, won approval in Hong Kong for an initial public offering, which could raise nearly $10B, according to sources familiar with the situation.
Japan's Sharp Corp cancelled the intention to issue up to $2B in new shares, citing trade friction between the US and China, which increased volatility in the stock market.
Verizon Communications was shutting down the company's mobile video application go90 less than three years after the service launched, a spokeswoman stated.
According to Reuters, Canada is planning to offer financial aid between C$500M and C$800M to companies in the aluminium and steel industries affected by US tariffs.
Bird, a start-up that provides electric scooter service, has raised $300M in its third funding round, as the firm aims to strengthen its position in the US transportation sector.
Regulators of the US state of Minnesota approved on Thursday the controversial Enbridge pipeline project worth $2.6B.
Twitter Inc launched on Thursday a tool designed to help its users identify political ads and their sources of financing.
The US Vice President Mike Pence urged Latin American countries to increase pressure on Venezuela during a meeting with the Ecuadorean President Lenin Moreno on Thursday.
The US Securities and Exchange Commission has proposed to loosen rules for the approval of low-risk exchange-traded funds to enhance innovation and competition.
The US Commodity Futures Trading Commission and the Securities and Exchange Commission have signed a Memorandum of Understanding to strengthen cooperation between both agencies.
The Chinese government published on Thursday a list of restrictions related to foreign ownership that would be removed starting from July 28.
The Bank of England's Chief Economist Andy Haldane expects gradual increases in interest rate in line with the Bank's forecasts even despite him voting for a rise last week.