Crude oil prices increased by 26 cents or 0.4%, thus reaching $68.91 a barrel, amid reports about rising demand in China whose oil refinery throughput surged to a record 12.49M bpd in September.
On Friday, the Bank of Japan Governor Haruhiko Kuroda once again reminded of the risks of protectionism and unstable financial markets, yet projected continuation of the country's steady economic growth.
According to poll conducted by Management & Fit, 60% of Argentines expect worsening of economic conditions, as the country's President Mauricio Macri tries to propel the IMF austerity program.
The China's Agriculture Ministry official Tang Ke stated on Friday that because of government subsidies the country's soybean acreage has increased, thus leading to ample domestic supplies and, as a result, price stabilization.
The Foreign Ministry Spokesman Lu Kang stated on Friday that China did not support withdrawal of the United States from the United Nations Universal Postal Union (UPU) treaty.
The China Banking and Insurance Regulatory Commission stated on Friday it would allow to transfer bank wealth-management funds directly into stocks.
According to government data, Chinese coal production increased by 3.2% or 9.41M tonnes in September, thus reaching its highest level in nine months.
The President of Korean Air Lines Walter Cho stated on Friday that the company most probably would acquire more Boeing 787 jets in order to upgrade its fleet and in this way in long term to reduce costs.
Goldman Sachs Group is set not to send any of the company's executives to a Saudi investment conference in the following week, David Solomon, the Chief Executive Officer, stated.
The European Union, Norway and several other countries asked the WTO to assign a dispute settlement panel to address the US tariffs on aluminium and steel.
Oliver Blume, the CEO of Volkswagen's Porsche brand, stated that it does not need a listing to finance expansion, adding that he is confident the 911 sports car maker is likely to repeat 2017 record sales this year.
New applications for the US unemployment benefits fell last week, while the number of Americans on unemployment rolls dropped back to the level seen in 1973, indicating further tightening in labour market conditions.
Volkswagen stated that it set to offer trade-in incentives and bonuses for scrapping older German diesel vehicles in a bid to stave off the driving ban in polluted cities.
The US NHTSA stated that it opened an investigation into more than 54K Ford Motor pickup trucks after five complaints about tailgates issue were received.
On Thursday, the Economic Affairs Commissioner of the EU Pierre Moscovici claimed that no decision has been taken so far regarding the budget deficit of Italy and that a dialogue between Italy and the EU needs to be calm and constructive.
On Thursday, the US President Donald Trump claimed that he is considering to send military and close the southern border of the US because of the increasing amount of immigrants from Honduras and El Salvador.
On Thursday, the Prime Minister of Spain Pedro Sanchez claimed that the UK and Spain have agreed on the Brexit status of Gibraltar which will leave the EU with the UK on March 29 2019.
Square, a company headed by the Chief Executive of Twitter Inc Jack Dorsey, has launched its own payment terminals for small-sized businesses.
On Thursday, the US Senator Elizabeth Warren claimed that the Fed needs to limit the growth of Wells Fargo until it replaces its Chief Executive Tim Sloan.
On Thursday, German's Chancellor Angela Merkel claimed during the summit of the EU leaders that not much time is left for a Brexit agreement but the deal is still achievable.
Deutsche Bank has appointed Stefan Hoops as a new head of the Global Transaction Banking business unit to replace his predecessor John Gibbons, the bank announced on Thursday.
Acadia Healthcare, the American operator of the behavioural health centres, has entered talks with the private equity companies over selling itself after raising a buyout interest.
On Thursday, the gas and oil firm SDX Energy announced that its talks to acquire the BP Egypt's assets had been halted by a mutual agreement, not disclosing any further details on the issue.
Alibaba Group Holding, China's e-commerce giant, is planning to invest nearly $290M into the local spirits and wine retailer 1919.cn, seeking to top into rising demand for the imported wine in Asia's country.