Germany's trucks maker Traton was exploring options of capital increase worth more than $1.2B, as the takeover of US peer Navistar draws to a close, three sources close to the matter stated.
India's financial crime-fighting agency stated that WazirX, one of the country's biggest cryptocurrency exchanges, is under investigation for possible foreign exchange regulations violation.
According to people familiar with the matter, the European Central Bank has urged Deutsche Bank to urgently name a new chairman.
According to sources with knowledge of the matter, insurance broker Aon PLC is set to gain the European Union antitrust approval for its $30 billion bid for Willis Towers Watson.
According to sources with knowledge of the matter, Ford Motor and Volkswagen AG plan to stop providing loans to automobile buyers in India.
On Friday, the European STOXX 600 Index surged by 0.30% to hit a record high and was on track for a sixth consecutive day of gains.
Netflix has plans to roll out an online store deemed for the sale of limited-edition apparel, lifestyle collectables and merchandise based on its popular shows, such as "Stranger Things" or "Lupin".
The Group of Seven is considering reallocation of $100B from the IMF's warchest to aid countries struggling most with the coronavirus pandemic crisis, according to the White House's statement.
On Friday, BlackRock became the first asset manager in the world licensed to launch a wholly-owned Chinese mutual fund business, as China's government opened up its mutual fund industry worth $3.5 trillion.
Signa Sports United, the sporting goods retailer, agreed to the NYSE listing via a SPAC merger, in a deal that values the company at $3.2B, according to Reuters.
The European Central Bank called on Deutsche Bank on Friday to urgently find a successor to its chairman Paul Achleitner before his term ends, Reuters reported.
UK's recovery from the coronavirus crisis accelerated in April on easing lockdown measures, marking the fastest monthly growth since the mid-summer leaving production 27.6% higher compared to the previous year.
Several virtual keyboard apps developed by such companies as Sogou and Iflytek were removed from the Chinese app stores due to rising scrutiny of data protection and the technology sector.
China's Huawei Technologies is planning to develop self-driving passenger vehicle technology by 2025, as the world's telecommunications equipment leader seeks to diversify its business amid US sanctions.
On Friday, Amazon Web Services stated it would open data centres in Israel, weeks after the country had inked a deal with Google and AWS for an over $1.0B project to provide their cloud services for the Israeli military and public sector.
Apple hired the ex-senior BMW electric car unit executive, Ulrich Kranz, to assist the tech giant's EV initiatives, according to Bloomberg News.
Didi Chuxing, China's ride-hailing company, disclosed its plans for a stock market listing in the United States, an IPO that is expected to become one of the largest in the world in 2021.
Microsoft is cooperating with worldwide TV manufacturers to allow its Xbox users play games via internet-connected smart TVs using only a controller.
ByteDance rolled out its new brand "Volcano Engine", offering the proprietary algorithm that is used to power personalised recommendations in TikTok to corporate clients, seeking to expand the company beyond the mainstay consumer products.
Ledger, the French technology and digital firm, has completed its new $380M round of funding, valuing the company over $1.5 billion.
Italy is planning to invest over €1.0B ($1.22B) into the building of the electric vehicle gigafactory in cooperation with the carmaker Stellantis, which will play the leading role, the country said.
On Thursday, Verizon Business has rolled out its first commercial private 5G in the United States to supply government departments and businesses with high-speed outdoor and indoor connectivity.
Twitter appointed Mimi Alemayehou, the development finance executive, to the company's board of directors to succeed Elliott Management's partner Jesse Cohn, according to Reuters.
The Bank of Canada kept its key interest rate unchanged at 0.25%, data published by the central bank show.