Kraft Heinz topped revenue and profit estimates for the quarter, as the Tater Tots maker increased product prices and reported higher-than-expected sales from the US, sending shares up 4% in early trading.
The US trade deficit marked the biggest rise in more than year and a half in the month of June, as the support to exports from shipments of soybean and higher oil prices raised the import bill.
The White House Economic Adviser Larry Kudlow said on Friday that China should not underestimate decisiveness of the US President Donald Trump to protect his country's trade interests.
The US satellite television provider Dish Network Corp reported on Friday an increase in quarterly profit, as a result of lower than projected number of lost subscribers.
The Commerce Ministry of China stated on Friday that its latest proposed tariffs on $60B worth American goods were rational and moderate, adding that the country reserves a right to adopt new measures in case of continuation of a trade war.
The value of Italian bonds and stocks in Italian financial institutions decreased on Friday amid concerns over new round of disputes in the recently formed government.
GoDaddy.com, the Internet domain provider, reported on Thursday its sales from the web hosting business below the Wall Street estimates, bringing the company's shares down 4%.
On Friday, Spain's pharmaceutical firm Almirall stated it had agreed to acquire five dermatology brands from the US company Allergan in a cash-deal valued at $650M.
GoPro, the action camera producer, is expecting its revenue of the current-quarter to beat the Wall Street forecasts, it said on Thursday, adding it is also planing to introduce three new cameras.
On Thursday, AGCOM, the Italian communications regulator stated it fined Amazon €300K, as the world's largest retailer had been offering unauthorised postal services.
A faction of reporters from Financial Times have announced their complaints about the fact that the CEO of FT has earned almost $3.6 million.
Various banks belonging to the Chinese state were dumping the US Dollar on Friday in an effort to stop the fall of the Chinese Yuan.
Activision Blizzard bet the wall Street forecasts for the Q2 profit this Thursday, boosted by its blockbuster videogame "Call of Duty" strong sales.
On Thursday, the Federal Communications Commission announced measures for bidding on the high-band spectrum necessary to build the next generation of the 5G wireless networks.
China's Huawei Technologies is expecting its global smartphone shipments to exceed over 200M in 2018, a recovery following a sharp decline the previous year.
On Thursday, the antivirus software developer Symantec announced it would cut 8% of its workforce worldwide, as it seeks to bolster profit margins, adding it had also slashed its annual revenue forecast.
Shares of the technology firm STMicroelectronics surged 1.5% on Wednesday, following Bloomberg's report that Germany's peer Infineon had raised its takeover interest in the company in 2017.
Alibaba's Ant Financial and China's ride-hailing firm Didi Chuxing are discussing a potential joint buy-out offer for Ofo that could value the bike-sharing start-up at up to $2.0B.
On Thursday, the drugmaker Eli Lilly's Elanco Animal Health unit has filed for an IPO with the US regulators, seeking to finalise the number of shares for the offering as soon as possible.
Swiss Re is looking at an initial public offering of ReAssure, the British closed book business, in 2019, as its net profit plunged 17% in this year's first half.
Heineken NV stated that it agreed to sell Chinese operations and take a 40% stake in a company controlling the country's largest beer maker China Resources Beer in a $3.1B worth deal.
The Chinese services sector expanded at the slowest pace in the four-month period in July amid the weakest growth in new business since December 2015, a survey revealed.
On Thursday, the Prime Minister of Israel Benjamin Netanyahu claimed that he has cancelled his planned trip to Columbia because of the situation near Gaza strip.
On Thursday, German carmaker BMW reported smaller-than-expected 6% decline of operating profit in the second quarter of 2018 despite the new anti-pollution law and trade tensions between Germany and the US.