BMW and its partner Great Wall Motor said they plan to build a plant in China with a capacity of 160,000 cars per year, and which will produce BMW's electric MINI brand and Great Wall Motor models.
Singapore instructed Facebook on Friday to publish a correction notice on a user's social media post under a new 'fake news' law, raising fresh questions about how the firm will adhere to government requests to regulate content.
Brazil's state-controlled oil company Petroleo Brasileiro SA has selected four groups for the second round of bidding for four refineries up for sale, including China's Sinopec, Abu Dhabi's state investor and two Brazilian firms, according to four people with knowledge of the matter.
Renault, Nissan and Mitsubishi plan to appoint a general secretary at the helm of their partnership to boost cooperation and reboot joint operations after the departure of former alliance supremo Carlos Ghosn.
Agricultural machine manufacturers are working with banks in Brazil to avoid a repeat of slumping sales when public financing is expected to run out next year, the head of the local unit of U.S. tractor maker Deere & Co told Reuters on Thursday.
Euro zone inflation accelerated faster than expected in November on a rise in food and services prices, likely comforting European Central Bank policymakers even if some factors pushing up prices may be only temporary.
Daimler on Friday announced plans to cut thousands of jobs across the globe by the end of 2022.
Activists staged protests against online retailer Amazon around France on Friday, denouncing the rampant consumerism typified by the annual Black Friday shopping frenzy.
A new CNBC/SurveyMonkey survey released Friday shows waning enthusiasm for Small Business Saturday this year. It shows that 39% of respondents plan to patronize a small business on Saturday, down 44% from last year.
U.S. consumers splurged more than $2 billion online in the first hours of Thanksgiving shopping on Thursday, while crowds were largely thin at retailers on the eve of Black Friday, reflecting the broader trend away from shopping at brick-and-mortar stores.
Oil prices will remain subdued in 2020 as growth concerns weigh on demand and fuel a glut of crude, a Reuters poll showed on Friday ahead of production-policy talks among OPEC and its allies next week.
Oil prices dipped on Friday in muted activity because of the U.S. Thanksgiving holiday while OPEC watchers expect an extension to a pact to throttle oil output but no deeper cuts to be agreed by the producer group and its allies next week.
The retro rival is past its peak, according to Wall Street firm Jefferies, and there will be clear winners and losers as the decade returns to a thing of the past.
U.S. stock index futures fell on Friday as trade tensions resurfaced after China rebuked President Donald Trump's decision to ratify a bill backing protesters in Hong Kong.
World shares slipped on Friday as a leading index strained for a record high, with investor nerves from Asia to Europe gnawing away over how or when the United States and China can agree a truce in their damaging trade war.