Huawei Technologies reported a gain in its Q3 revenue on the back of the impact from the coronavirus pandemic and US restrictions on the Chinese technology company.
On Friday, American Express posted a nearly 40% drop in its quarterly profit, tumbled by lower credit card spending by its customers, as well as due to setting aside $665M for potential defaults.
Wells Fargo is considering the asset management business sale, in a potential deal that could be the US lender's largest shake-up since Charles Scharf, the ex-head of the Bank of New York Mellon, joined the firm as its new CEO.
On Friday, Daimler has lifted its 2020 profit forecast after reporting a record 24% surge in the Chinese demand for the Mercedes-Benz vehicles that bolstered margins in the Q3.
As the UK Purchasing Managers Indices were published on Friday morning, the Pound surged despite a slowdown in economic recovery.
On Friday, as the German Purchasing Managers Indices were released, they caused a surge of the Euro against peer currencies.
On Friday, Huawei Technologies announced a gain in quarterly revenues despite the coronavirus and US restrictions.
Wirecard North America, the unit of German payments firm Wirecard, was sold to Syncapay, the US holding firm focused on payment services.
The US companies' borrowings for equipment declined nearly 13% year-on-year in September from a year earlier, the ELFA reported on Thursday.
Facebook announced that its WhatsApp messaging app is likely to start to offer hosting services and in-app purchases, aiming to boost revenue from the app.
Germany's Deutsche Bank was in negotiations to sell IT services unit Postbank Systems, sources said, adding that potential buyer is Tata Consultancy Services.
The US electric vehicle producer Tesla announced a total revenue of $8.77B in the third quarter of 2020, an increase of 39% from the same period the prior year.
The German consumer climate worsened in November amid a second wave of the coronavirus pandemic, data published by the market research institute GfK show.
The Central Bank of Uzbekistan has kept its key rate unchanged at 14%, a statement published by the chairman of the bank Mamarizo Nurmuratov shows.
Hong Kong's markets watchdog fined Goldman Sachs's Asian business $350M for the company's role in 1MDB scandal.
The US existing home sales grew 9.4% to 6.54M units in September, the highest level in 14 years, supported by historically low mortgage rates.
The Italian communications watchdog (AGCOM) fined Google for breaching national regulations banning advertising of betting and games.
LG Display reported a Q3 operating profit of $145M, topping expectations and ending a six-quarter-long run of loss and driven by Apple's new iPhone shipments and higher demand for tech devices.
On Thursday, Saudi Arabia stated it had signed three MoUs (memorandums of understanding) with Huawei, Alibaba and IBM on artificial intelligence, not providing any further details.
Apple expands the "Express" retail store format ahead of the upcoming holiday season, as the tech giant seeks to get its new iPhone 12 devices into customers' hands, Apple's retail chief stated on Thursday.
On Wednesday, the cyber-security company McAfee sold its shares in IPO at $20 for a piece to raise as much as $620 million, Reuters reported on Thursday.
Adidas has plans for the sale of its Reebok division, according to Germany's manager magazin report seen on Thursday.
During Thursday's European trading hours, crude oil prices fluctuated sideways, as a decrease in retail demand was offset by the US increasing inventories.
On Thursday, Amazon.com announced a $100M logistics investment in Mexico's new warehouses, including the retailer's first shipping centres outside the capital area, as the company seeks offering faster deliveries.