Saudi Telecom reported on Sunday that Western Union acquired a 15% stake worth $200M in its digital payment subsidiary, STC Group.
On Saturday, the US biggest seller of music instruments, Guitar Center Inc, filed for bankruptcy amid the crisis caused by the coronavirus pandemic.
On Saturday, the Chinese President Xi Jinping said that China is prepared to strengthen global coronavirus vaccine cooperation.
The British International Trade Secretary Liz Truss said in a statement on Saturday that the United Kingdom and Canada have signed a post-Brexit trade agreement.
The Trump Administration is planning to add four more China's companies, supported by the Asian country's military, to its blacklist, halting their access to US investors.
On Saturday, General Electric and a Vietnamese company inked a memorandum of understanding over the liquified natural gas power factory's development, GE and Trump Administration's official reported.
European regulator will end the grounding of Boeing's 737 MAX passenger jets as soon as January after US regulators lifted a 20-month-long ban caused by the plane model's two fatal crashes.
The biggest money transfer company in the world, Western Union, has bought a 15% worth stake in the Saudi Arabian STC Group's digital payment unit in a deal worth $200M.
On Saturday, the World Trade Organisation's official stated that the G20 should spend trillions of dollars to boost developing countries' trade financing to help the global economy to recover from the coronavirus pandemic.
The Mexican President Andres Obrador on Saturday called G20 leaders to avoid falling in debt during the ongoing pandemic.
The British Finance Minister Rishi Sunak stated on Saturday that the ongoing talks between the EU and UK over the post-Brexit agreement, in general, can be described as successful.
Italy's Treasury has hired Orrick and Bank of America as its legal and financial advisers for the Monte dei Paschi merger deal, Reuters reported.
Geely Holdings and Daimler are considering China as their production hub for the hybrid powertrains deemed for Mercedes-Benz and Volvo cars.
The autonomous sensor start-up Luminar Technologies is set to supply its lidar sensors to Mobileye's self-driving fleet.
Apple, the advertising titan GroupM and other companies demanded the Justice Department's judge in a lawsuit against Google to allow them tougher protection on certain data.
Delta Air Lines and Canada's WestJet scrapped their proposed US-Canada joint venture, following the US government's demands for changes, which both airlines considered as "unreasonable and unacceptable".
G20 leaders are set to discuss this weekend the economic recovery from the COVID-19 pandemic, as well as back the debt relief.
According to sources familiar with the matter, the Italian government picked Bank of America (BoA) and Orrick as legal and financial advisors on Monte dei Paschi privatization.
The Finance Ministrer of South Africa Tito Mboweni stated on Saturday that credit ratings downgrades by Fitch and Moody's would result in higher borrowing costs for the country.
Larry Kudlow, the US President Economic Adviser, stated on Friday that the country's economy in his opinion was not decelerating.
The US Delta Air Lines and Canadian WestJet stated on Friday that they decided to refuse from creating join venture amid "unreasonable and unacceptable" demands made by the US Transportation Department.
Israel is in the final stage of talks with the British pharmaceutical giant AstraZeneca to purchase 10 million doses of its COVID-19 vaccine, the drugmaker and the Israeli government announced on Friday.
On Friday, the leaders of the 21-nation Asia-Pacific Economic Cooperation called for free and fair trade to boost a global economic recovery.
On Friday, the Toronto Stock Exchange's S&P/TSX composite index remained stable, the materials stocks surged by 1.7%, while the energy sector fell by 0.5%.