Valentino was sued for $207.1M by the landlord of its former boutique on Manhattan's Fifth Avenue, which said that the enterprise had no right to break the lease.
Canada's retail sales declined 3.4% in December to C$53.38B, the biggest monthly fall since April, as coronavirus restrictions forced businesses to shut down.
Italy's defence company Leonardo is set to raise about €2.1B from the NYSE listing of its US unit DRS, a source said.
The US factory activity slowed in February, as a global chip shortage affected production at automobile factories, while prices of manufactured goods and inputs increased.
The home sales grew 0.6% to a seasonally adjusted rate of 6.69M units in January despite tight inventories fuelling house prices, the National Association of Realtors stated.
On Friday, Eni, the Italian energy group, announced it would become carbon neutral by 2050.
Russia's capital of Moscow is planning to go green by switching to electric buses, replacing all diesel and petrol-powered public transport vehicles by 2030, according to a top city transport official.
On Friday, Japan's Honda Motor announced its CEO Takahiro Hachigo was set to step down and would be succeeded by the carmaker's R&D head Toshihiro Mibe on April 1.
Alphabet's Google has appointed the executive Marian Croak to oversee the responsible artificial intelligence research, following staff unrest.
On Friday, as Renault reported a record loss of $9.7 billion, the company's stock price plummeted more than 7.00%.
Germany's Allianz is anticipating the 2021 results to be better than anticipated, after the worst year in nearly a decade, hit by the COVID-19 pandemic.
Canada vowed it is planning to become the second country to require Facebook to pay for news, following Australia's government such a decision.
Carl Icahn, the activist investor, is considering to acquire a FirstEnergy stake, according to the energy distributor's regulatory filing seen on Thursday.
Ford Motor has launched a recall of 153K vehicles in Canada and the United States over potential faulty Takata inflators.
Apple unveiled a new security feature across the company's operating systems to fight iMessage hacks.
Dropbox is planning to sublease some offices amid the file hosting service's shift to remote work, the firm announced earlier this week.
Nissan is set to increase recent investment in its UK plant to more than £1B in the next years, as it unveils greener technology, the company stated.
Toyota Motor stated that it is investing $210M to expand engine production in West Virginia and add new jobs.
Volkswagen considered listing its Porsche AG unit to receive cash needed for the group's shift towards software and electric cars, a source familiar with the matter stated.
On Thursday, US stocks edged lower, as disappointing labour market data dampened expectations for a quick economic recovery.
On Thursday, the US Dollar lost ground against its peers, as an unexpected surge in weekly jobless claims dampened enthusiasm for a quick economic recovery.
On Thursday, Nestle's Chief Executive Mark Schneider said that the company would put more emphasis on growth and acquisitions.
On Thursday, Bosch stated it was set to join forces with Microsoft over a new software platform development for vehicles, seeking to expand in the rapidly growing market for automated driving technology and electromobility.
China's carmaker Geely and the search engine firm Baidu appointed Xia Yiping, the Mobike co-founder, as a new Chief Executive Officer for their electric car joint venture.