U.S. stocks ticked higher on Friday, as cues of easing monetary policy around the globe and signs of further co-operation on Sino-U.S. trade talks kept the S&P 500 within 1% of a record high.
China Investment Corp (CIC) on Friday said the Sino-U.S. trade war has made it more cautious about investing in the United States, after the Chinese sovereign wealth fund posted a dive in yearly profit.
Brazilian state-run oil firm Petrobras has in the last five years battled an epic corruption probe, a crippling recession and unsteady crude prices.
Here are the biggest calls on Wall Street on Friday
Uber is still waiting to see whether its license in London, which expires on Wednesday, will be renewed as the regulator, which previously stripped the taxi app of its right to operate in the city, remains tight-lipped about the decision.
Oil prices were on track for their biggest weekly jump since January, lifted by rising Middle East tensions after a key Saudi Arabian supply hub was knocked out by an attack last weekend.
Commerzbank said on Friday it wanted to cut 2,300 jobs and reduce the number of branches in a strategy overhaul, after the German lender's attempt to merge with Deutsche Bank failed.
Japanese companies and investors would be forced to reassess their four-decade bet on the United Kingdom if there is a disorderly exit from the European Union that shattered supply chains and cut off access to the bloc, Japan's ambassador said.
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.
The U.S. economy is in a good place but risks mean that the Federal Reserve will decide the course of interest rates from one meeting to the next, Fed Vice Chair Richard Clarida said on Friday.
U.S. stocks rose 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 over global growth.
President Donald Trump told reporters on Friday that the United States is making a lot of progress with China, as two of the world's biggest economies work toward resolving their protracted trade dispute.
Taiwan is pitching India as a potential business destination to its tech, auto, renewable energy and farm sector firms as the United States' trade war with China has pushed its companies to look for newer markets, two officials said on Friday.
Facebook still aims to launch its Libra digital currency next year, its executive overseeing the project told Swiss newspaper NZZ, as the company presses ahead despite authorities around the world pouring cold water on the plans.
Google will make an additional investment of 3 billion euros ($3.32 billion) to expand its European data centers, Chief Executive Sundar Pichai told a news conference in Finland.