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.
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.