A profit warning sent Renault's shares as much as 15% lower on Friday, capping a turbulent year for the French carmaker since the arrest of long-time boss Carlos Ghosn and adding to signs of a sharp global auto industry slowdown.
Tesla Inc's attempts to humble Porsche with a new lap record on Germany's legendary Nordschleife racetrack have reignited a controversy about the value of lap times, as the circuit steps in to quash claims of cheating.
Schlumberger NV beat Wall Street estimates for quarterly profit on Friday, as higher drilling activity in international markets boosted demand for its equipment and services and offset weakness in North America.
"It was built for hyper growth and that is too capital intensive," says the Starwood Capital founder.
U.S. stocks opened slightly lower on Friday, weighed down by Johnson & Johnson, while upbeat earnings reports limited losses and calmed nerves about the global economy after China expanded at its weakest pace in almost 30 years.
Coca-Cola Co reported better-than-expected quarterly revenue on Friday, boosted by strong demand for its zero-sugar sodas and Coca-Cola Plus Coffee, a blend of its traditional soda and coffee.
Credit card issuer American Express Co reported a 6% rise in third-quarter profit on Friday, as more people used cards to shop, pay bills and make big ticket purchases.
U.S. stock index futures were little changed on Friday, as better-than-expected earnings reports were overshadowed by fresh jitters about the global economy after economic data from China revealed growth slowed to its weakest pace in almost 30 years.
Bank of America upgraded shares of Chipotle to neutral saying strong sales and a growth in digital ordering will fuel bottom-line growth.
U.S. retailer Sears has borrowed about $150 million from lenders, including its billionaire owner Eddie Lampert, as it racks up losses less than a year after it emerged from bankruptcy protection, people familiar with the matter said.
Holiday Inn-owner InterContinental Hotels Group blamed lower business bookings in China and Hong Kong protests for a 0.8% fall in third-quarter revenue per room on Friday, the latest company to be pinched by weaker global travel.
The $100 billion Vision Fund of Japan's SoftBank Group Corp has in just over two years burned through much of its capital investing in money-losing, late-stage tech startups in areas as varied as autonomous driving, healthcare and finance.
Swedish truckmaker AB Volvo reported a sharp decline in third-quarter orders and forecast a demand slump on both sides of the North Atlantic next year, taking the shine off forecast-beating earnings.
World stocks slipped after China posted its weakest growth rate in nearly three decades on Friday, while the dollar was set for its worst week in almost four months having been pummeled by pound and euro Brexit rallies.
Nissan Motor Co's incoming chief executive Makoto Uchida told employees in a video message on its internal website on Friday that his mission is to "restore business performance and regain trust in Nissan," according to a transcript of the message viewed by Reuters.