A Reuters source revealed to the news agency on Friday that the US President Donald Trump has hosted a conference call with the CEOs of JPMorgan, Bank of America and Citigroup.
On Friday, Amazon.com won an appeal made by the Internal Revenue Service of the United States. The company won a $1.5 billion worth dispute over the use of a Luxembourg subsidiary for tax optimization.
Crude oil price ended the week's trading by surging higher. The move was attributes to a decline of the US Dollar.
The President of Cleveland Federal Reserve Loretta Mester announced to Reuters that she would most likely want to keep US interest rates steady.
On Saturday, various analysts published the opinion that declining US mortgage rates could boost stock prices during the next week.
The Finance Minister of the United Kingdom Sajid Javid on Friday announced in an interview to the Times that he intends to take advantage of the current global low debt costs.
On Friday, the Guardian announced that the Prime Minister of the United Kingdom is expected to meet with Angela Merkel and Emmanuel Macron next week.
US lawmakers from both political parties on Friday approved a sale of eight billion worth of F-16 jets to Taiwan.
On Friday, it was announced that a Federal Judge from California has been pressuring the SEC and Volkswagen to resolve the civil case that was caused by the Dieselgate scandal.
On Friday, the Canadian government announced that it has awarded a multi-billion contract to General Dynamics. The announcement caused a surge of the company's stock price.
During the Friday's trading session, the Argentinian Peso managed to recover against the USD by 4.36% after the previously experienced free fall.
On Friday, the week's trading was ended by the US Dollar by trading flat. The currency could not gain ground due to worries that another Federal Reserve rate cut could occur in September.
On Friday, the US trading session ended with a surge. US stock indices surged more than 1.2%.
South Korea's panel producer Samsung Display stated that it was considering suspending one of LCD production lines in hte country amid a supply glut.
The Euro zone recorded a $22.8B surplus in trade of goods with the rest of the world's countries in June, falling 8% from $25.1B of June last year, Eurostat stated.
The President of Mexico Andres Manuel Lopez Obrador stated that while the country faced its difficult economic environment, current week's interest rate change is likely to stimulate the economy.
The US homebuilding declined 4.0% to an adjusted yearly rate of 1.19M units in July, falling for a third month in sucession due to a steep decline in the multi-family housing units' constructio.
Germany's car rental company Nextmove cancelled the bulk of a 100-car order from Tesla worth €5M due to quality problems with the Model 3, it stated on Friday.
Alibaba Group Holding agreed to pay $2B in cash to acquire China's e-commerce company Kaola, owned by NetEase Inc, which sells household appliances, apparel and other products.
On Friday, Freenet, the German telecoms group, has urged to amend the terms and trim the price of the Sunrise Communication's proposed $6.4B acquisition of the Liberty Global's Swiss unit UPC, according to Reuters.
Nvidia Corp reported better-than-expected results for its revenue, which fell 17% in the fiscal Q2, boosted by the strength in the company's video gaming and auto units.
Apple has announced this week it was responsible for 2.4M US job, directly or indirectly, which is by 20% more than 2M that the tech giant estimated in 2017.
On Friday, OYAK, the Turkish military pension fund, announced it had reached an agreement to acquire British Steel, adding it would seek the acquisition to be completed by the year-end.
On Friday, during the European trading session stock indices surged. The move was attributed to a general bullish sentiment caused by China's announcement of economic stimulus.