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Germany's Commerzbank is considering selling its Polish subsidiary mBank as part of a new strategy, daily Handelsblatt reported on Friday.

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Mitsubishi Corp , Japan's biggest trading house by revenue, said on Friday a trader at its Singapore-based unit has lost $320 million through unauthorized transactions in crude oil derivatives, and the matter has been reported to the police.

Ryanair pilots based in the United Kingdom have canceled five days of strikes set for this month, the low-cost airline said on Friday.

Saudi Aramco is confident full production will resume by the end of September from Khurais, one of two oil sites attacked on Sept. 14, a company executive said on Friday.

Saudi Aramco has booked at least 120,000 tonnes of naphtha for September loading from Europe in a rare move as it seeks to plug a supply gap following attacks on its oil facilities on Saturday, industry sources said.

U.S. stocks opened marginally higher on Friday as an interest rate cut by China's central bank and signs of co-operation on trade between the world's two largest economies allayed concerns about a slowdown in global growth.

Commerzbank announced on Friday it was planning to cut jobs and reduce branches as part of an overhaul and review of its strategy.

President Donald Trump's barrage of tweets blasting the U.S. Federal Reserve appears to have been ignored by both Republicans and Democrats who largely see the central bank as neutral in its decision making, according to results of a new Reuters Ipsos poll.

Replacing Chinese telecoms equipment would cost European telecom operators about $3.5 billion, a report by industry research firm Strand Consult predicted on Friday, far lower than the figure a lobby group came up with.

Boston Federal Reserve Bank President Eric Rosengren, who dissented from the central bank's decision to cut interest rates earlier this week, repeated on Friday that monetary stimulus was not needed for the U.S. economy and posed its own problems.

The average interest rate on what the banks charge each other to borrow reserves overnight on Thursday fell below the upper-end of the Federal Reserve's target range for the first time this week in the aftermath of turmoil in money markets.

Roughly 12% of companies are offering accelerated pay as another way of luring job candidates as wages remain relatively stagnant.

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