Chevron posted an $8.3B quarterly loss, the company's biggest in three decades, joining other oil producers in the billion-dollar worth asset writedowns amid tumbling demand for fuel.
Elon Musk said on Friday that demand for Tesla's electric cars remained strong during the COVID-19 pandemic, as consumers kept shopping online, adding the company was still having good order volume.
Microsoft Corp is considering to acquire ByteDance's TikTok US operations in a potential deal that would allow the tech giant re-energise its advertising business, Reuters reported.
Exxon Mobil posted a $1.1B loss in the Q2 on the energy prices and demand drop caused by the coronavirus pandemic, confirming its plans for deeper spending cuts.
James Murdoch resigned from the News Corp board due to disagreements about editorial content that has been published by the news publisher's media outlets, the company revealed on Friday.
China's EV maker Xpeng Motors raised an extra $300M from its investors, including the Qatari sovereign wealth fund, Reuters reported on Friday.
Dish Network, the US satellite TV provider, announced on Friday that it had chosen the telco cloud platform made by software developer VMware to build its 5G wireless network.
IAG, the owner of British Airways, is planning to raise $3.27B from shareholders for its financial recovery from the coronavirus crisis, its CEO Willie Walsh said on Friday.
On Friday, Apple's shares skyrocketed 7.1% to their record high of $412, boosted by strong quarterly results and making the iPhone maker the world's biggest public company.
Caterpillar Inc. shares dropped 4% on Friday after the corporation published its conservative outlook on Q3 sales, the retail sales stepped down 23% in Q2 due to the pandemic-induced turbulences.
The US Commerce Department stated on Friday that consumer spending had increased consequently in May and June, although the future growth is endangered by a recent rise in the coronavirus cases.
Fiat Chrysler reported a lower-than-anticipated operating loss of €928B in its Q2, instead of the expected €1.87B loss, as the carmaker managed to contain some negative effects caused by the COVID-19 pandemic.
ByteDance, the Chinese tech giant and TikTok owner, is exploring an initial public offering of its local business in Shanghai or Hong Kong, Reuters reported on Friday.
L'Oreal's CEO Jean-Paul Agon reported the company's sales climbed in July, their first surge since January 2020, sending the shares up 1.3% on the results.
Warren Buffett-owned Berkshire Hathaway has acquired another $522M worth stock of Bank of America, lifting its already big stake in the second-biggest US bank by assets to 11.8%.
Amazon.com reported its largest profit in the retailer's 26-year history on a major surge in its online sales and the lucrative business backing the third-party merchants during the coronavirus lockdowns.
Crude oil prices edged higher on Friday, the Brent crude futures were up by 1%, at $43.35 per barrel at 07.02 GMT, while the US crude gained 43 cents, or 1.1%, to $40.35.
On Thursday, the US President Donald Trump openly floated the idea of delaying the US general elections in November.
MasterCard's shares surged by 1.41% in premarket trading on Thursday, after the company announced a better-than-expected quarterly profit.
Boeing Co announced it would cut the production of 787 Dreamliner twin-engine jets to six per month in 2021.
According to sources with knowledge of the matter, Exxon Mobil is planning a deep job and spending cuts.
Kellogg's shares rose as much as 2.6% on Thursday to hit an over 21-month high, after the company increased its yearly profit and sales forecast.
According to the Federal Statistics Office, the German gross domestic product declined by 10.1% in the second quarter.
According to the US Commerce Department, the US gross domestic product contracted at a 32.9% annualized rate in Q2, the deepest decline since 1947.