EU antitrust regulators will block Novelis' [NVLXC.UL] $2.6 billion bid for steel processor Aleris [TXPACA.UL] if the U.S. aluminum producer does not offer concessions by Aug. 9, people familiar with the matter said.
Oil prices rose around 2% on Friday, regaining ground after their biggest falls in years on U.S. President Donald Trump's threat to impose more tariffs on Chinese imports.
Exxon Mobil reported second-quarter results that beat analyst expectations, sending the company's stock up more than 2% in the premarket.
U.S. stock index futures slid on Friday, after an escalation in trade tensions with China renewed fears of a global economic slowdown, ahead of a closely watched jobs report.
(This Aug. 1 story corrects to show that the smelter is ramping up; adds Codelco statement)
Exxon Mobil Corp reported a 21% drop in quarterly profit on Friday, hit by weaker natural gas prices and higher maintenance costs.
Here are the biggest calls on Wall Street on Friday
As Federal Reserve Chair Jerome Powell on Wednesday described why the central bank's interest rate cut should not be seen as the start of a lengthy easing cycle, the U.S. stock market was losing value at a rate of over $25 billion a minute.
Shares in Ferrari went into reverse on Friday as the Italian luxury carmaker failed to lift its guidance for 2019 despite strong results in the first part of the year.
China on Friday said it would not be blackmailed and warned of retaliation after U.S. President Donald Trump vowed to slap a 10% tariff on $300 billion of Chinese imports from next month, sharply escalating a trade dispute between the world's biggest economies.
Oil prices rose around 2% on Friday, regaining ground after their biggest falls in years on U.S. President Donald Trump's vow to impose more tariffs on Chinese imports.
European stocks posted their biggest drop of 2019 on Friday and German bond yields hit record lows after U.S. President Donald Trump fired his latest trade war salvo at China, jolting markets and sparking a frenzied bid for safe-haven assets.
Google will let Android device users in Europe choose their default search engine from four options, including Google search, the U.S. company said, as it tries to quash EU antitrust concerns and stave off fresh penalties.
Toyota Motor Corp cut its full-year profit forecast and Honda Motor Co reported a double-digit decline in quarterly profit as a resurgent yen hurt two of Japan's biggest automakers.
Oil prices rose around 2% on Friday, regaining ground after the biggest falls in years as U.S. President Donald Trump imposed more tariffs on Chinese imports, intensifying the trade war between the world's two biggest economies and crude consumers.