Saudi Arabia's King Salman ordered a $267 monthly payment to state employees in 2018 as compensation for higher living costs after increased gas prices and VAT introduction.
The President of Venezuela Nicolas Maduro stated that the country would issue 100M units of new oil-backed cryptocurrency "Petro" worth $5.9B, despite uncertainties over the investors' demand.
Loretta Mester, the President of Cleveland Federal Reserve, stated that she anticipates roughly four rate hikes in 2018 amid economic pick-up and low unemployment
Bristol-Myers Squibb is expected to record a $3B charge in the December quarter of 2017, as a consequence of the US tax reform passed, the drugmaker stated.
The US Dollar advanced on Friday, as investors did not find any information in the latest non-farm payrolls report that could stop the Fed's interest rate hike plans for this year.
The US Federal Emergency Management Agency (FEMA) said it has transferred $1.46B of risk from the National Flood Insurance Program (NFIP) to 28 nongovernmental reinsurers for this year.
On Friday, the President of Philadelphia Federal Reserve Bank Patrick Harker said that insufficiently fast wage growth as well as various risks in the bond market should limit the number of rate hikes to two in 2018.
The US President Donald Trump left Washington on Friday to meet with senior Republicans in Maryland and discuss strategy for the upcoming congressional elections that will take place in November.
Geoffroy van Raemdonck, the former executive of Ralph Lauren, was named as the Neiman Marcus Group CEO Karen Katz's successor.
In a press conference held together with the Turkish leader Tayyip Erdogan, the President of France Emmanuel Macron noted that democratic states must observe the law in their fight against international terrorism.
Crude oil prices dropped by 0.6% on Friday, reaching $67.66 a barrel, as traders did not receive any disturbing news from the OPEC member Iran.
On Friday, the Foreign Minister of Pakistan Khawaja Asif said that the United States acts as "a friend who always betrays". The comparison came shortly after the US decided to suspend aid to Islamabad.
The report released by the Institute for Supply Management on Friday showed that December Non-Manufacturing PMI dropped to 55.9, missing analysts' expectations for a 57.6-point reading.
Canada's unemployment rate continued its downtrend in December, falling 0.2% to settle at 5.7%, the lowest mark since 1976.
The US Bureau of Labour Statistics revealed that the unemployment rate held steady at 4.1% for the third consecutive month in December.
According to the data released by Statistics Canada on Friday, the country's November trade deficit widened to $2.5B from $1.6B registered in October.
Airbus is in talks over selling at least 100 aircraft to China during the French President Emmanuel Macron's visit to Beijing next week.
On Friday, Georgia's Court sentenced in absentia the country's former President Mikheil Saakashvili to three years in jail for trying to cover up evidence over a Georgian banker murder.
The White House and the US senators are willing to severe measures on Iran, while keeping Washington in the nuclear deal with Tehran.
According to the internal memo posted on Friday, Barclays named Kunal Gandhi as its corporate broking chief with Rob Mayhew as his new deputy.
China seeks to implement AI technology in about half of its new vehicles by 2020 and cover 90% of the country's highways and big cities with a wireless network to support smart cars.
Saudi Arabia has converted its oil giant Aramco to the joint-stock company starting January 1, ahead of the historic IPO scheduled for this year's second half.
Germany's Chancellor Angela Merkel is planning to start over with the coalition talks and build the government on Sunday.
The Danish scientist Hans Christian Orsted's descendants are planning to file a sue against his company over decision to change the name to Orsted.