A prosecution witness in an Australian criminal cartel case against Citigroup Inc and Deutsche Bank AG said on Friday that the banks never colluded, but that he helped a regulator build its case to get immunity.
Italy's Atlantia is still interested in supporting the relaunch, and not the rescue, of ailing carrier Alitalia [CAITLA.UL], the chairman of the infrastructure group said in an interview on Friday.
Indonesia will fine flag carrier PT Garuda Indonesia for violating aviation rules after its chief executive was accused of smuggling a Harley Davidson motorbike onboard a new plane, state news agency Antara cited the transport minister as saying.
Asian stocks gained on Friday as investors took heart from U.S. President Donald Trump saying trade talks with China were "moving right along", and U.S. oil prices sat near 2-1/2-month highs after OPEC and other producers agreed to cut output.
Weeks after his billion-dollar bailout of WeWork, SoftBank Group Corp's founder and CEO Masayoshi Son reiterated his belief in an instinct-led investing style, in a discussion with Alibaba Group Holding Inc's co-founder Jack Ma.
China's Industry Ministry has placed Chinese-built Tesla Inc. Model 3 cars on a list of vehicles recommended to receive subsidies for new energy vehicles, according to a document published on Friday.
Phoenix Group Holdings has agreed to buy the British business of Swiss Re for 3.2 billion pounds ($4.1 billion) in cash and shares, the UK insurer's biggest deal to date, driving the two companies' shares higher.
China's industry ministry has placed Chinese-built Tesla Inc. Model 3 cars on a list of vehicles recommended to receive subsidies for new energy vehicles, a move that will help the U.S. firm's push into the world's biggest auto market.
By Shadia Nasralla, Olesya Astakhova and Bozorgmehr Sharafedin
Weeks after his billion-dollar bailout of WeWork, SoftBank Group Corp's founder and CEO Masayoshi Son reiterated his belief in an instinct-led investing style, in a discussion with Alibaba Group Holding Inc's co-founder Jack Ma.
World shares ticked up on Friday, buoyed by comments from U.S. President Donald Trump that talks aimed at dialling down the damaging trade war with China were "moving right along".
Investors have a 22% chance of picking a stock that will perform better than the S&P 500, according to Societe Generale.
H&M , the world's second-biggest fashion group, said on Friday its brand COS had teamed up with Chinese subscription rental platform YCloset to try renting out clothes in the country as environmentally conscious consumers rein in purchases.
China's Dongfeng Motor will likely trim its stake in Peugeot owner PSA after hiring banks to study options, people close to the matter said, in a move that could ease the French carmaker's planned merger with Fiat Chrysler .
Tesla Inc said on Friday its Chinese-built Model 3 cars would receive state subsidies, a move that will help the U.S. electric vehicle maker's push into the world's biggest auto market.