A tower unit of the Malaysia telecoms company Axiata Group is seeking for acquisition deals worth more than $900M, which the firm aims to compete within this year, its CEO stated.
On Friday, the Financial Times reported that the US President Donald Trump's administration has tapped the US Treasury official Adam Lerrick to serve as the US executive director of IMF.
On Friday, China drafted a new version of Atomic Energy Law which would result in providing support to Chinese firms aiming to go overseas and would help to strengthen the position of such companies on international market.
On Friday, Walmart Inc claimed that tariffs imposed by the US President Donald Trump's administration could result in a price increase of the products which are being sold by the company.
On Friday, the president-elect of Mexico Andres Manuel Lopez Obrador claimed that Mexico will pursue a trade agreement with Canada if NAFTA talks fail.
Financial Times reported on Friday that Invesco is planning an acquisition of OppenheimerFunds from MassMutual, a unit that has around $250M in assets, according to the report.
Sempra Energy has signed an agreement over selling its non-utility US operating solar assets, a wind facility and battery and solar storage development projects to Consolidated Edison in an all-cash deal worth $1.54B.
On Friday, a Serious Fraud office of the UK reported that Italian prosecutors have arrested the former trader of the Deutsche Bank Andreas Hauschild over the manipulation with Euribor benchmark.
On Friday, the economic advisor of the White House Kevin Hassett claimed that the US is getting very close to signing North American Free Trade Agreement with Mexico without Canada.
OPEC and other major oil producers are considering an option to boost oil output by 500000 barrels per day because of the falling oil supply from Iran under the US sanctions.
On Friday, the President of the European Council Donald Tusk claimed that a compromise regarding a withdrawal of the UK from the EU between London and Brussels is still possible.
On Friday, the Deputy Prime Minister of Italy Luigi Di Maio claimed that the new government's budget for 2019 must be focused on Italian people but not on the budget deficit numbers.
On Wednesday, a Senior White House official claimed that the President's Administration is assessing the response of China to the newly implemented tariffs and has no plans to discuss it with China in the nearest time.
IHS Markit reported that the US Manufacturing PMI reached 55.6 in the month of September, the highest level since May, compared with the Index of 54.7 registered in August.
Apple's latest iPhones showed chips from Toshiba and Micron Technology among others in the devices, while Samsung was not mentioned, gadget repair company iFixit stated.
The Canadian inflation rate dipped to 2.8% in August, though remained above the Bank of Canada's target for the seventh month in succession, boosting forecasts that the Bank would raise rates in October.
SIG, the construction materials supplier, reported a 21.8% fall in underlying pre-tax profit in H1, as builders delayed their projects due to long, icy winter in the UK.
Canada's Aurora Cannabis is planning an initial public offering in the United States for October, as it seeks to lure investors by boosting their appetite for marijuana producers.
On Friday, American International Group announced it would buy Glatfelter Insurance Group, the Pennsylvanian insurance broker, seeing to close the deal in this year's Q4.
The US Justice Department is likely to delay the meting with the state attorneys general scheduled for the next week to negotiate concerns over conservatives voices being restrained on social media.
Statistics Canada reported on Thursday that Canadian retail sales surged 0.3% to $50.9B in July amid increase in sales at beverage and food stores and gasoline stations.
The Russian Direct Investment Fund is planning to proceed with more investments with the Chinese e-commerce giant Alibaba after the joint venture they had established last week.
On Friday, Farfetch has increased its price range in its New York initial public offering to $20 per share from the previously set $17-$19 per share, valuing the luxury retailer at more than $5.8B.
On Friday, a severe North Sea storm has caused cancellation of tens of flights at the EU third-largest airport Schiphol in Amsterdam.