France renews backing for Syrian rebels, denies troop moves
France is offering renewed support to Syrian rebels fighting Islamic extremists.
GKN takeover concerns to be assessed by government
Unions want the bid for Britain’s biggest engineering firm to be blocked on national security grounds.
Russia tests its intercontinental ballistic missile that Putin says ‘can reach any point in the world’
The nuclear weapon called Sarmat will replace the current Soviet-era missile called Veovoda.
Facebook ‘ugly truth’ growth memo haunts firm
The firm denies it believes that growth at all costs is “good” even if it leads to deaths.
China cuts tax rates for chipmakers amid trade tensions
China’s finance ministry said on Friday it has introduced new tax breaks and exemptions for firms making semiconductors, seeking to limit dependence on foreign chips amid trade tensions with the United States over technology transfers.
Global mergers and acquisitions reached a record high in the first quarter
Global mergers and acquisitions had their strongest start ever in the first quarter of 2018, totaling $1.2 trillion in value, as U.S. tax reform and faster economic growth in Europe unleashed many companies’ dealmaking instincts.
China is reportedly taking steps to pay for oil in yuan
China is taking its first steps towards paying for imported crude oil in yuan instead of the U.S. dollar, three people with knowledge of the matter told Reuters.
Japan, South Korea and China trade higher as other Asian markets remain shut
Japan also released economic data that suggested an improvement in business activity last month.
iQiyi: ‘China’s Netflix’ shares dip in US stock debut
Shares in Baidu’s iQiyi streaming platform fell below their opening price on Wall Street’s Nasdaq.
Korean Air ‘nut rage’ heiress makes management comeback
Heather Cho returns to take control of a hotel network, after her high-profile tantrum three years ago.