The new President of Mexico Lopez Obrador announced on Saturday that his government would lower the VAT rate in states located at the border with the US from 16% to 8%.
The Defence Minister of Italy Elisabetta Trenta stated on Friday that the government refuses to buy any new American F-35 jets and will reconsider order for other 90 planes.
The President of Turkey Recep Tayyip Erdogan said on Friday that the new country's government will consist of ministers other than from his AK Party.
According to unidentified diplomatic sources, another round of talks between the US President Donald Trump and North Korean leader Kim Jong-un could happen in Switzerland.
The US State Department Spokeswoman Heather Nauert said on Saturday that her boss was convinced that complete denuclearization of the Korean Peninsula is realistic.
The newly elected President of Mexico Andres Manuel Lopez stated on Friday that one of his priorities would be search of peace in protracted drug war.
The US Secretary of State Mike Pompeo will continue negotiations with the North Korean senior official Kim Yong Chol over details of his country's nuclear program disarmament.
The Chinese Premier Li Keqiang said on Saturday the country will offer to leaders of Eastern and Central Europe closer business ties at a 16+1 summit in Sofia.
The Finance Minister of Germany Olaf Scholz stated on Friday that he anticipates the European Central Bank to eventually start gradually hiking interest rates in the Euro zone.
Sonos, the hi-tech wireless speakers producer, filed for IPO on Friday, amid growing prominence of streaming music via smartphone applications on connected audio systems.
French trade deficit widened in the month of May compared to the prior month, according to seasonally adjusted figures reported by the customs office, with data coming in worse-than-forecast.
Germany's industrial production grew in May, the report showed on Friday, indicating that factories in Europe's biggest economy were regathering pace after a weak beginning of the year.
Statistics Canada revealed that the country's economy created 31.8K of jobs in June, which was above forecast for a 24K jobs' gain, while the jobless rate grew to 6.0% in the same period.
The US trade deficit dropped to a year and a half low in May, as exports increased to a record high, supported by a rise in shipments of commercial aircraft and soybeans.
The new government of Italy announced plans to lift the deficit target for the next year to nearly 1.4%of economic output against the prior goal of 0.8%, two sources stated on Friday.
A post-Brexit trade agreement between the UK and the US was the main priority for Donald Trump, the US ambassador to Britain stated ahead of the US President's visit to London next week.
Japan's Takeda Pharmaceutical is eager to sell the Osaka headquarters due to concerns raised over its $62B deal to acquire Britain's Shire Plc, Nikkei reported.
On Friday, the European Commission has granted its approval to Italy's Atlantia and Spain's ACS for the motorway company Abertis takeover, saying the deal should not raise any competition concerns.
Italy's Generali agreed on selling its 89.9% majority stake in Generali Leben, the company's life insurance unit in Germany to the private equity firm Viridium for about €1.9B.
On Thursday, Britain's Sinclair Pharma stated it had received takeover interest from the privately-held China Grand Enterprise and its subsidiary Huadong Medicine, boosting its shares up by nearly 30%.
The wireless speaker maker Sonos has filed for the initial public offering this Friday; a decision made amid a rising popularity of the streaming music on the connected audio systems via smartphone apps.
On Friday, Spain's ride-hailing service Cabify stated it had no talks over a sale of its business to the US peer Lyft, denying the reports by El Confidencial newspaper.
On Friday, Energean's CEO stated the Greek gas and oil firm was ready to acquire a 45% stake in Gaza Marine, the off-shore gas field, if Israel and Palestina agreed.
Ontex, the Belgian diaper maker, rejected a takeover offer from the private equity group PAI Partners, claiming the proposal was too low.