Uber Technologies Inc said on Friday it would buy a majority stake in Chilean online grocery provider Cornershop as the ride hailing company seeks to widen its fast-growing food delivery app to include groceries and other goods.
U.S. authorities said on Friday they have halted a $1.7 billion unregistered digital token offering by the messaging service Telegram Group Inc and its TON Issuer subsidiary.
U.S. stocks ended more than 1% higher on Friday though well off the day's highs after the announcement of a partial trade deal between the United States and China.
Stocks on Wall Street came off their highs in late trading after U.S. President Donald Trump announced a partial trade deal with China that could be signed within weeks, with the boost from New York enough to give stocks across the globe their largest daily gain in two months.
U.S. President Donald Trump on Friday outlined the first phase of a deal to end a trade war with China and suspended a threatened tariff hike, but officials on both sides said much more work needed to be done before an accord could be agreed.
Volkswagen is looking at options for its luxury brand Lamborghini, including a sale or stock listing, Bloomberg reported on Friday, citing people familiar with the matter.
A fierce, wind-driven wildfire swept through foothills and canyons along the northern edge of Los Angeles on Friday, engulfing homes, closing roads and devouring acres of dry brush and chaparral as 100,000 residents were forced to flee.
Boeing Co's board has stripped chief executive Dennis Muilenburg of his chairmanship title, in an unexpected strategy shift announced by the U.S. planemaker on Friday only hours after a global aviation panel criticized development of the troubled 737 MAX.
A U.S.-China currency agreement being floated as a symbol of progress in this week's trade talks between the world's two largest economies would largely repeat past pledges by China, currency experts say, and will not change the dollar-yuan relationship that has been a thorn in the side of President Donald Trump.
South Korea's Hyundai Motor and Kia Motors agreed to resolve class action litigation with U.S. owners of certain vehicles equipped with Theta II gasoline direct injection (GDI) engines, the companies said on Friday.
Asian shares jumped on Friday after U.S. President Donald Trump said he would meet with China's top trade negotiator, stirring hopes for an agreement, while sterling resumed its climb amid optimism over a possible Brexit deal.
Christian Klein, SAP's new co-chief executive, told Germany's' n-tv television that the software and cloud computing giant will rely on a strategy of continuity following the departure of Bill McDermott.
By Saikat Chatterjee, Hideyuki Sano and Gertrude Chavez-Dreyfuss
An international panel of air safety regulators on Friday harshly criticized the U.S. Federal Aviation Administration's (FAA) review of a safety system on Boeing Co's 737 Max jet that was later tied to two crashes that killed 346 people.
California Governor Gavin Newsom called a widespread electricity shutdown triggered by a power company to prevent wildfires "unacceptable", as gale-force winds and dry weather posed a critical fire threat to the north of the state.