Huawei Technologies unveiled on Friday its proprietary operating system for smartphones and other devices, as U.S. trade restrictions imposed in May threaten to cut the Chinese firm's access to U.S. technologies such as Android.
Oil prices rose on Friday, supported by expectations of more OPEC production cuts despite the International Energy Agency (IEA) reporting demand growth at its lowest level since the financial crisis of 2008.
U.S. stocks futures slipped on Friday, a day after Wall Street roared back to record its biggest one-day rise in two months, as investors grappled with fresh trade tensions and political turmoil in Britain and Italy.
For Goldman, the move heightens the risks it faces launching a credit card during the latter stages of a decade-long U.S. expansion.
Trade war worries and the prospect of early elections in Italy and Britain hit European markets on Friday, while the week's search for safety left gold on course for its best week in three years, Japan's yen near an eight-month high and bonds surging.
Malaysia filed criminal charges on Friday against 17 current and former directors at subsidiaries of Goldman Sachs Group Inc following an investigation into a multi-billion-dollar corruption scandal that led to the demise of state fund 1MDB.
Trade war worries and the prospect of early elections in Italy and Britain hit European markets on Friday, while the week's search for safety left gold on course for its best week in three years, Japan's yen at an eight-month high and bonds surging.
Huawei Technologies [HWT.UL] unveiled on Friday its proprietary operating system for smartphones and other devices, as U.S. trade restrictions imposed in May threaten to cut the Chinese firm's access to U.S. technologies such as Android.
Bayer shares soared as much as 11% on Friday on a report that the German company has proposed to pay up to $8 billion to settle more than 18,000 U.S. lawsuits related to its glyphosate-based weedkiller Roundup.
Embattled Hong Kong leader Carrie Lam said on Friday the business community was very worried about the long-term consequences of protests in the Asian financial hub.
Huawei Technologies unveiled on Friday its proprietary operating system for use in smartphones and other devices, as U.S. trade curbs imposed in May threaten to cut the Chinese firm's access to crucial U.S. technologies such as Android.
Bayer shares soared as much as 11% on Friday on a Bloomberg report that the German company has proposed to pay $8 billion to settle more than 18,000 U.S. lawsuits on its glyphosate-based weedkiller Roundup case.
China's Huawei Technologies [HWT.UL] said on Friday it would be difficult for the firm to meet its previous goal of becoming the world's biggest smartphone maker by shipments this year due to U.S. curbs imposed in May.
Asian shares inched up on Friday, helped by Wall Street's rally, but fresh concerns about Sino-U.S. trade ties capped gains in the region.
Prosecutors in Stuttgart, Germany are set to fine Mercedes-Benz parent Daimler between 800 million euros ($895 million) and 1 billion euros for diesel-related violations, German magazine Der Spiegel said in its online edition on Friday.