Slack Technologies shares surged almost 50% in the company's initial public offering, valuing the fast-growing workplace communication and messaging platform at over $23.0B.
The $225M tie-up deal between Walmart and the delivery app Cornershop collapsed as Mexico's antitrust officials banned the merger earlier in June, according to Cornershop's co-founder Oskar Hjertonsson.
On Friday, Matteo Salvini, Italy's Deputy Prime Minister, pledged he would resign from his post, if the government did not let him cut €10B in taxes.
Taiwan's Foxconn announced on Friday that it has selected head of chip unit Liu Young-Way as the new company's chairman, thus replacing Terry Gou who decided to run for Taiwan presidency.
According to a source familiar with the matter, a joint venture (JV) between Phillips 66 and Chevron Corp, Chevron Phillips Chemical, has offered $15B for Nova Chemicals Corp's acquisition.
On Thursday, analysts of the Canadian investment bank TD Securities revealed that they expect a 1.50 percentage point Federal Reserve rate cut during the next 12 months.
Data published by Reuters on Thursday revealed that Asian money markets and bonds have experienced a $30 billion inflow during the past two months.
On Thursday, the Vice President of the European Central Bank Luis de Guindos announced that the last ECB monetary decision was approved unanimously.
During Thursday's trading session, crude oil price benchmarks experienced a three percent jump. The move was attributed to Iran shooting down a US military drone.
At the opening of US markets on Thursday, the S&P 500 index hit a new all-time high level. Namely, the index touched the 2,956 level.
Despite keeping monetary policy unchanged, on Thursday, the Governor of Bank of Japan Haruhiko Kuroda announced that the bank is ready to cut interest rates.
On Thursday, the European Union has extended the economic sanctions on Russia until the January-end 2020 over its turmoil in Ukraine, as well as calling on Moscow to aid bring guilty of shooting the 2014 passenger plane down to justice.
On Thursday, Russia's President Vladimir Putin stated he was ready for talks with the US President Donald Trump, in case his counterpart wanted to hold ones, but added Trump's re-election campaign might heighten tensions between the two countries.
The French automaker Renault together with Nissan Motor, its Japanese partner, joined Alphabet's Waymo to explore a potential partnership on self-driving vehicles use and development to transport goods and people in Japan and France.
The US FBI has launched an official investigation into Deutsche Bank over possible money-laundering lapses after suspicious financial transactions made to their superiors were flagged by the New York Times last month.
On Thursday, the Fed policy caused a drop of the US Dollar, which created a rise in prices of assets that are valued in the US Dollar. Note that this is not surge of value, but a fall of USD purchasing power.
Italy is set to lower its 2020 structural deficit, saying it has no need for the European Union approval, after the EU Commission threatened to hit the country with disciplinary sanctions.
Facebook's plans to trigger its new global cryptocurrency Libra are likely to raise some regulatory issues, Dam Woods the BoE Deputy Governor stated on Thursday.
On Wednesday, Intel Corp, Microsoft Corp, HP Inc and Dell Technologies have opposed the President Donald Trump's intention to add tablets and laptop computers to Chinese goods that are targeted for tariffs.
US International Business Machines is planning to win conditional approval from the European Union for its $34B bid to acquire the software firm Red Hat, seeking to expand the company's subscription-based software offerings through the deal.
The UK grocery and food industry is expected to grow 12.5% to $272.8B by 2024, driven by the discounter and online channels, IGD stated.
Oracle announced its forecast for quarterly profit above expectations, as the company benefited from demand for on-premise IT, license support and cloud service businesses, sending shares up 7% in the extended trading.
New Zealand's economy grew at a 0.6% steady pace in the first quarter, supported by construction and adding to the case for the Central Bank to keep key interest rates unchanged.
It has been announced by the oil company Total that it has increased its computing power to 31.7 petaflops from 2.3 petaflops in 2013 and 6.7 in 2016. The power is used to process various data, among which is crude oil deposit search.