The CFO of Huawei, who was detained in Canada on the request of US authorities, is being charged with covering up her company's deals with a firm that sold tech to Iran against sanctions.
Reuters has announced that a source of theirs has confirmed that the ride sharing Uber Technologies firm has filed for its initial public share offering. The company filed the needed paperwork on Thursday.
It was announced by Japanese officials on Friday that their military spending has reached a record level. Moreover, the country will continue to buy US arms. The news boosted US defence stocks.
On Friday, the Supreme Court of Mexico suspended a new law, which was set to decrease public sector employee wages. The law was set to stipulate that public servants cannot make more than the President.
The South Korean Parliament on Friday approved a budget plan for next year, which pressuposed a 9.5% increase to 469.6 trillion won from 428.8 trillion won.
On Friday, the Italian government managed to win a vote in the Chamber of Deputies on next year budget proposal, which pressuposed increase of deficit to 2.4% from 1.8%.
According to sources familiar with the matter, the US President Donald Trump is planning to appoint General Milley as the new Chair of the Joint Chiefs of Staff.
Crude oil prices surged by $1.1 or 2% on Friday, reaching $52.59 a barrel, as Saudi Arabia, Russia and other OPEC countries agreed to cut production by 1.2M barrels per day starting from next year.
On Friday, Wall Street plunged about 1.5%, led by technology stocks, as concerns about the US-China trade war offset the effect of a surge in crude oil prices.
On Friday, Ray Kelvin, the Chief Executive Officer and founder of Ted Baker, said he would take a leave of absence, as the investigation about his conduct continues.
On Friday, the US President Donald Trump said in a tweet that trade negotiations between the United States and China "are going very well".
On Friday, Switzerland ignored the European Union deadline to sign a new treaty, as Swiss government said it would seek for more consultations on the draft deal.
On Friday, the European antitrust watchdog has granted its approval for Armstrong World Industries' ceilings business purchase by Knauf on condition that it sells Armstrong's tiles factories in the UK.
COSCO Shipping, the Chinese biggest shipping group, is thinking over its first initial public offering in London, a few finance sources reported on Friday.
Turkey's Defence Minister Hulusi Akar said to Jim Jeffrey, the US Syria envoy, that the US should to reject the idea of the observation posts building in Syria.
On Friday, the US President Donald Trump stated he would name, Heather Nauert, the spokeswoman for the State Department, as the new US ambassador to the UN.
On Friday, Volkswagen stated it could build up to 15M electric vehicles on its new MEB car platform unveiling the scope of its push to mass manufacture "green" cars.
The US job growth slipped in November, while the monthly payrolls rose less than anticipated, suggesting moderation in the economic activity, which could back estimates of fewer increases in interest rate.
Costa Rica's competition watchdog decided to block the deal by Wal-Mart de Mexico to acquire 52 local supermarkets to expand the firm's store number to over 300 in Central America.
Tesla has hired the Washington's D.C. trial lawyer, Dane Butswinkas, as the carmaker's new General Counsel, to help the company settle a lawsuit with the Exchange Commission and the US Securities.
China's ByteDance Technology is set to raise around $1.45B to invest into the media and artificial intelligence content, according to The Information website's report.
It was announced on Friday by the Saudi Arabian Energy Minister that most likely an OPEC deal won't be closed on Friday, as exemptions for sanctioned Iran still need to be negotiated.
On Friday, it was announced by Canadian authorities that the recently detained CFO of Huawei will stand before court in a court in Vancouver.
Shares in the Indian Kotak Mahindra Bank surged to its almost nine-year record high of 14% on Friday on a report of a likely investment by Berkshire Hathaway.