| | Anheuser-Busch InBev said on Friday it will not proceed with the planned listing in Hong Kong of its Asia Pacific unit, Budweiser Brewing Company APAC Ltd , in what would have been the world's biggest initial public offering of 2019. | |
| Wall Street stocks edged higher and the dollar fell on expectations of a U.S. interest-rate cut on Friday, while oil futures were little changed as supply worries triggered by a tropical storm were offset by signs of a global surplus for several months. | |
| Oil prices were little changed on Friday as U.S. Gulf of Mexico crude output dropped by more than half from disruptions caused by a tropical storm, but concerns over a global crude surplus in the months ahead limited gains. | |
| U.S. stocks hit record highs on Friday as high expectations for an interest-rate cut from the Federal Reserve continued to propel shares while investors awaited next week's kickoff of the corporate earnings season. | |
| The U.S. Trade Representative's (USTR) Office will hold a hearing on Aug 19 in its probe of France's new planned tax on big technology companies, calling the proposal "unreasonable." | |
| The Pentagon is rapidly assessing the United States' rare earths capability in a race to secure stable supply of the specialized material amid the country's trade conflict with China, which controls the rare earths industry, according to a government document seen by Reuters. | |
| The U.S. Justice Department is pursuing a criminal probe into whether Johnson & Johnson lied about potential cancer risks of its talcum powder and has convened a grand jury in Washington, Bloomberg reported on Friday, citing people with knowledge of the matter. | |
| Ford Motor Co and Volkswagen AG said they will spend billions of dollars to jointly develop electric and self-driving vehicles, deepening a global alliance to slash development and manufacturing costs while positioning VW as the initial winner. | |
| An Italian law that forced French media group Vivendi to forfeit most of its voting rights in Italian broadcaster Mediaset may not comply with European rules, according to European Commission legal advice seen by Reuters. | |
| Renault has handed French prosecutors the conclusions of an audit into its joint finances with alliance partner Nissan , the carmaker said on Friday. | |
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