According to an EU diplomat on Friday, Swiss stock exchanges are set to lose their access to EU investors from July 1, after the European Commission lost patience in negotiations.
The US solar firm SunPower Corp has filed a claim against its former Vice President of global channels Martin DeBono, saying that he illegally got possession of proprietary information for the benefit of his new employer.
A group of the US Senators from the Democratic Party have requested the White House to provide information regarding the Justice Department's and the Federal Trade Commission's joint investigation over antitrust actions Apple Inc, Alphabet Inc, Amazon.com Inc and Facebook Inc.
Trafigura's Puma Energy has selected Bank of America Merrill Lynch for its planned asset sale in the company's effort to cut its debt, declining to comment on specific assets, Reuters said on Friday.
Delta Air Lines took over a stake in the parent of Korean Air Lines, seeking to boost it to 10%, giving impetus to the South Korean top carrier's management that seeks to scrap activist fund's challenge.
On Friday, John Varley, the former Barclays CEO, was cleared of fraud charges after the court admitted there was no sufficient evidence against Varley in the case over Qatari cash injections, which saved the lender from the 2018 state bailout.
Lloyds Banking Group has been fined £55.5M by the British financial regulator as the lender failed to disclose the fraud suspicions at one of the branches of Halifax Bank of Scotland, located in Reading.
Noble Group, the commodities trading firm, is planning to acquire an 8% stake in Arafura, Australia's rare earths developer, raising its interest in strategic minerals which are critical to electric vehicles and high-tech industry.
Slovenia has signed a deal with Nova KBM to sell its third biggest bank Abanka for €444M, the state privatisation body, Slovenian Sovereign Holding, announced late on Thursday.
British budget deficit widened 23% to £5.115B in May from the previous year, beating Reuters analysts' forecasts, the National Statistics Office reported on Friday.
On Friday, Japan's Vice Finance Minister for International Affairs Masatsugu Asakawa issued a warning that, if excessive volatility continues in the currency market, Japan's government will act against it.
Huawei Technologies reported 100M smartphone shipments in 2019 as of May-end, its phone product line head He Gang unveiled the data at the group's new Nova 5 device launch event in China's city of Wuhan on Friday.
China's tech giant Huawei is set to launch talks with the Russian communications ministry's officials this summer over using its Avrova operating system, according to RIA news agency's report seen on Friday.
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.