An arbitration court of the World bank ruled on Saturday that the Pakistani government must pay $5.8B compensation to Tethyan Copper.
India's state Allahabad Bank stated on Saturday that it has detected a $259M fraud in Bhushan Power & Steel Ltd's corporate accounts and reported it to the Reserve Bank of India.
China is expected to continue to toughen production restrictions in the heavy industry by the end of the year and will enforce emission assessment over steel mills, the Ministry's of Environment official stated.
The Finance Minister of Malaysia stated that the budget for 2020 will take into consideration risk scenarios caused by the US-China trade war, even as the country's economy revealed signs of resilience.
Uzbekneftegaz, the state-owned company of Uzbekistan, stated that it is set to export 15B cubic meters of gas in the year of 2019, a 15% increase from the prior year.
Chinese retail sales of oil, food, grain, tobacco, alcohol and beverage and reached nearly $118.89B in the January-May period, up 9.5% from a year earlier, growing steady five months in succession, the statement stated.
China's Ping An Insurance Group Co stated on Friday that it would make an investment in the online education startup autograph in order to extend its smart education part of business.
The South Korean Trade Ministry stated on Saturday that it has called its Japanese colleagues to revoke all restrictions on the country's exports at the latest bilateral meeting.
The Foreign Ministry of China stated on Friday that it would impose sanctions on the US General Dynamics Corporation and Raytheon for arms sale to the Taiwanese government.
On Friday, the Trump administration has issued a rule that would suspend Obama's regulation that substantially increased fines for car producers that failed to meet fuel efficiency criteria.
Ferrari is set to recall 200 imported cars in China amid faulty unit of electronic control on these cars, which may result in air bag malfunction, causing safety hazards, the statement stated.
The Federal Trade Commission of the US approved a roughly $5B settlement with Facebook this week on the investigation into the company's handling of data of users, a source familiar with the matter stated.
E.ON is set to win the EU antitrust permission to acquire its rival Innogy's retail and network assets, in a deal that might transform the German firm into the European energy market's major player, according to sources familiar with the matter.
Thomas Cook is discussing £750M worth rescue that will grant its largest investor Fosun Tourism full control of the debt-laden British company's package-tour business.
India's government is planning to raise $47.4B over the five years by selling about 40% stakes in big state-owned companies, Reuters reported citing senior government officials, in the country's largest privatisation push in over 20 years.
On Friday, Anheuser-Busch InBev announced it had cancelled the Hong Kong planned initial public offering of Budweiser Brewing Company, the group's Asia Pacific unit, which deemed to be the world's largest listing of 2019.
On Friday, France's Galeries Lafayette stated it had tied up with Alain Nemarq, the chairman of Mauboussin, to acquire the majority stake of the jeweller, not disclosing the financial terms of the deal that should be cleared by France's Competition Authority.
Volkswagen AG and Ford Motor announced on Friday that they would spend billions of the US Dollars to jointly produce self-driving and electric vehicles.
Thomas Cook is planning a $941 million rescue, that would give China's Fosun Tourism a minority stake in Thomas Cook's airline business.
On Friday, Bank of America announced the appointment of Thorsten Pauli as the head of equity capital markets in Switzerland, Austria and Germany.
On Friday, The President of Mexico Andres Manuel Lopez Obrador stated that he doesn't see any threat to Mexico's economy, as he brushed aside recession concerns.
The Dow Jones Industrial Average and the S&P 500 hit a record high on Friday after the US Federal Reserve's Chairman Jerome Powell remarks raised hopes on the interest rate cut.
On Friday, the US President Donald Trump announced that labour secretary Alex Acosta has resigned amid a furore over a plea deal with Jeffrey Epstein.
Apple Inc has restored its OurPact parental control software application this week to the App Store after it had been removed due to privacy concerns in February, the tech giant announced on Friday.