British engineering firm Rolls-Royce said on Friday it expects problems with its Trent 1000 engines to take longer to fix, with a target of fewer than 10 grounded aircraft delayed until the second quarter of 2020.
Royal Bank of Scotland named Alison Rose as its new chief executive on Friday, becoming the first major British lender to appoint a woman to its top job.
Asian share prices rose on Friday as economic stimulus around the world helped eased fears over slowing growth, while crude oil prices climbed on concerns that last weekend's attacks on Saudi Arabia's oil facilities still pose supply risks.
Sales of Singapore apartments worth at least S$10 million ($7.3 million) have hit an 11-year high, fueled by increased demand from Chinese millionaires seeking safe-haven assets, say property consultants OrangeTee & Tie.
Britain's Thomas Cook said its banks had ordered the company to find an additional 200 million pounds ($251 million) of funding in order to guarantee the survival of the world's oldest holiday company.
World shares rose on Friday as stimulus measures by major central banks eased worries about growth, especially in Asian markets, while oil headed for its best week since January.
Britain's Thomas Cook scrambled on Friday to find an extra 200 million pounds ($251 million) to satisfy its lenders and secure the survival of the world's oldest holiday company.
Belgian police searched the home and office of Dominique Leroy, the incoming chief executive of Dutch telecom firm KPN , to investigate her sale of shares in Proximus , the company she is leaving.
Rolls-Royce will take longer than expected to fix problems with its Trent 1000 engine, frustrating efforts to get Boeing 787s grounded by the glitch flying again and knocking the British company's shares.
Apple's latest iPhone 11 range hit stores in China on Friday, with short queues of die-hard fans contrasting with the hundreds who camped out ahead of some previous launches.
St. Louis Federal Reserve bank president James Bullard said on Friday he argued for a deeper, half a percentage point cut at this week's Fed meeting because of signs the U.S. economy will slow "in the near horizon," and that manufacturing "already appears in recession."
Bank of America says Amazon's plans to build its own fleet of carbon-neutral delivery trucks bode well for its bottom line.
Pivotal Research Group began coverage of Roku with a sell rating on Friday
U.S. stock index futures rose on Friday as China became the third country to trim interest rates in the past few days, raising hopes that major central banks stand ready to blunt the impact of a prolonged Sino-U.S. trade war on global growth.
World shares climbed on Friday as stimulus measures by major central banks eased worries about growth, especially in Asian markets, while oil headed for its best week since January.