Sweden's digital minister stressed Ericsson's importance for jobs and technology in Europe on Friday after a U.S. official suggested the United States buy stakes in the telecoms gear maker or Finland's Nokia to counter Huawei's dominance in 5G.
France is looking at ways to lure clearing in euro derivatives away from London to the European Union to lessen the risk of any forced "relocation" backfiring by driving business instead to the U.S., financial industry officials said.
When worries over the coronavirus shook U.S. stocks out of a period of quiet trading last week, investors wondered if the outbreak was the “Black Swan” event that would trigger a sharp decline. Less than a week later, talk has turned instead to a market melt-up.
Tidjane Thiam has quit as Credit Suisse chief executive after a spying scandal that has hit the reputation of Switzerland's second-biggest bank and shocked the country's financial community.
Credit Suisse's incoming chief executive, Thomas Gottstein, plans to put Switzerland's second-biggest bank on a growth offensive following predecessor Tidjane Thiam's cost-cutting exercise, he told Reuters on Friday.
The "best case scenario" for World Wrestling Entertainment is if Amazon buys its streaming rights in the US and internationally, according to Needham.
Hong Kong Airlines said on Friday that it will slash 400 jobs and cut operations given weak travel demand because of the coronavirus outbreak, adding to financial woes for the city's second-largest carrier.
Fiat Chrysler has reached a settlement with Italian tax authorities over the valuing of its U.S. Chrysler business involving no cash payment or penalty, the group's chief financial officer said.
L'Oreal's shares rose on Friday after fourth-quarter figures from the French cosmetics company allayed concerns over the impact of China's coronavirus health crisis on its business.
Malaysia's Prime Minister Mahathir Mohamad on Friday sought to clarify comments he made on bribery allegations linked to AirAsia Group .
Deutsche Telekom has told supplier Nokia it must improve its products and service to win business installing the German group's 5G wireless networks in Europe, according to internal documents and a source with direct knowledge of the matter.
U.S. non-farm payrolls data for January came in above analysts expectations, bolstering the view that the economy continues to grow at a healthy pace.
Honda Motor Co raised its forecast for full-year operating profit by 6% on Friday, with a weaker yen increasing the value of its overseas sales.
Hong Kong Airlines will slash 400 jobs as the coronavirus outbreak adds to financial troubles for the carrier, the South China Morning Post reported on Friday, citing two sources familiar with the plan.
Burberry said on Friday the outbreak of coronavirus in China was hurting luxury demand in the mainland and Hong Kong, both important markets for the British brand.