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United Auto Workers (UAW) suspended a two-week-long strike after reaching a tentative deal with Volvo's Mack Trucks on Thursday, both parties said.

Samsung Group heir Jay Y. Lee appeared at a Seoul courtroom on Friday for the start of a bribery trial that could result in a tougher sentence after South Korea's top court ordered a review of his graft case.

Oil prices stepped back on Friday after three straight days of gains, hurt by renewed concerns about fuel demand in light of gloomy economic growth forecasts.

In all, institutional investors are withdrawing more than $2.7 billion in light of Ken Fisher's lewd comments made at a conference.

Asian shares inched up on Friday, tracking small gains in world markets as positive earnings offset economic growth concerns, while sterling weakened as the prospect of a UK election added fresh uncertainty to Brexit dramas.

Senator Chuck Schumer, the top Senate Democrat, late on Thursday proposed a $454 billion plan over 10 years to help shift the United States away from gasoline-powered vehicles by offering cash vouchers to help Americans buy cleaner vehicles.

Citigroup Inc has promoted Jane Fraser to head of its global consumer bank and president, putting her in a position eventually to become the first female chief executive of the U.S. bank.

Indonesia has recommended closer scrutiny of automated control systems, better design of flight deck alerts and accounting for a more diverse pilot population in the wake of a Boeing 737 MAX crash, according to a copy of a final report seen by Reuters.

Oil prices declined on Friday after three straight days of gains, as gloomy economic growth forecasts renewed concerns over the outlook for demand.

South Korea's transport ministry on Friday said nine Boeing Co 737 NG planes in the country had been grounded after checks found structural cracks requiring repairs.

A South Korean judge overseeing Samsung Group heir Jay Y. Lee's bribery trial told him on Friday to "humbly accept" whatever the outcome of the trial, which could result in a tougher sentence for the conglomerate's de-facto leader.

Oil prices dipped on Thursday after sharp gains in the previous session following a surprise draw in U.S. crude inventories, with concerns over a weak demand outlook adding to downward pressure.

Daimler on Thursday announced cost cuts as it reduced its revenue outlook for Mercedes-Benz trucks unit and reported a slight rise in third-quarter operating profit.

Hyundai Motor's quarterly net profit widely missed analyst estimates, after the South Korean automaker booked additional charges to address potential engine defects in the United States and its home market.

Brembo's distinctive colored brakes stop many of the world's fastest cars but when it comes to the electric vehicles of the future it faces a problem - traditional brakes are noisy.