To aid the European Union economies to recover from the coronavirus-caused turbulences, the EU could become a major debt issuer to finance the €750B recovery plan.
The US Federal Reserve noted on Friday that post-pandemic economic recovery might not happen as fast as expected.
The US Commerce Department reported on Friday that current account deficit dropped 0.1% to $104.2B.
The Russian President Vladimir Putin expressed concern on Saturday over arrangements with the US in light of the massive protests across the country.
The US President Donald Trump is expected to hold a rally with his supporters in Oklahoma today.
The US President Donald Trump indicated on Friday that he still wanted to end the so-called Dreamers immigration program despite the Supreme Court ruling.
The New Development Bank (NDB) issued on Saturday a $1B loan to South Africa to help the country to ease the impact of coronavirus pandemic.
The US and Russian representatives are expected to meet in Austria next week to discuss arms control.
Elon Musk wrote in Twitter on Friday that Tesla would postpone its annual meeting of shareholders because of restrictions caused by the coronavirus pandemic.
According to sources familiar with the matter, Toshiba Corp plans to slowly get rid of its stake in Kioxia Holdings after the latter makes an IPO.
The German discount grocery chains Lidl and Aldi would focus their attention on home delivery and curbside pick-up services.
Timotheus Hoettges, the CEO of the German telecom giant Deutsche Telekom, said that the company would keep control of the US operator T-Mobile if Softbank sells its stake.
According to sources with knowledge of the matter, Piraeus Bank has appointed UBS and JPMorgan to auction off $7.8B of bad loans.
On Friday, the Turkish Central Bank announced that the first usage of the Chinese Yuan funding under the swap agreement signed with the People's Bank of China.
According to data released by Statistics Canada on Friday, Canada's retail sales declined by 26.4% in April.
Richard Clarida, the Vice Chairman of the Federal Reserve declared on Friday that the Fed is not planning to lower its 2% inflation target, despite the current decline.
On Friday, Apple Inc. declared of provisional store closures in four US states due to the rising number of COVID-19 cases, lowering hopes of swift economic recovery.
According to the Reuters poll, published on Friday, the Turkish Central Bank is likely to cut its benchmark interest rate by 8%.
On Friday, the Thai Central Bank cut its benchmark interest rate by 2%-4% points for personal loans and credit cards.
On Friday, crude oil prices surged above $42 per barrel. Brent crude rose by 2.6%, to $42.60 at 08:29 GMT, while the US West Texas Intermediate climbed by 2.8%.
US stocks edged higher on Friday, as Nasdaq Composite pushing closer to a record high, while the Dow Jones Industrial rose by 133.00 points.
Samsung Electronics is set to move its Chinese display production to a plant located in Vietnam this year, according to a state media report seen on Friday.
Germany's Volkswagen has entered talks with its rival car manufacturers over making an operating system that could be used in the car of the future, VW's board member Christian Senger said.
Wirecard's Chief Executive Officer has resigned this Friday after the searches for missing cash worth $2.1B from the payments company's accounts reached a deadlock in Asia.