According to data released by the Statistics Canada on Friday, Canada added 34,500 jobs in January, stronger than what the market had expected, and the unemployment rate fell to 5.5%.
On Friday, the US House of Representatives passed legislation that provides disaster aid of nearly $4.7B to Puerto Rico.
Slovenian Democratic Party, the largest party in Slovenia's Parliament, has begun talks with Modern Centre, the Pensioners' Party Desus and the conservative New Slovenia to form a coalition government.
Ericsson's Chief Executive Officer is set for an official meeting with Germany's Chancellor Angela Merkel scheduled for the next week on the back of the Berlin debate over regulation of telecoms equipment providers.
Elon Musk's SpaceX has plans for an initial public offering of Starlink, its space internet business, the company's COO Gwynne Shotwell told Reuters.
Japan's Mitsubishi Materials has acquired a 30% stake in Chile's Mantoverde copper mine in a deal worth $236M, aiming to secure concentrates for smelters, the company announced on Friday.
Shares in Huawei Technologies' rivals, Ericsson and Nokia, surged sharply on Friday, 4.4% and 3.7% respectively, on the United States idea to consider acquiring stakes in the companies to counter the Chinese tech giant's dominance in 5G technology.
Hyundai Motor and its affiliate Kia Motors are planning to keep their production at the Chinese plants suspended until February 16, due to the coronavirus outbreak.
L'Oreal's shares surged 3.4% on Friday on satisfying results of the French cosmetics group's fourth-quarter earnings that offset concerns regarding the Chinese coronavirus' impact on its business.
On Friday, Toyota Motor stated its production at the company's Chinese factories would remain suspended until February 16, joining a rising number of carmakers facing standstills due to the spread of coronavirus.
During Friday's Asian and European trading hours, crude oil price benchmarks surged, as OPEC hinted at production cuts.
Uber Technologies is expecting to achieve profitability by the Q4 of 2020; however, the ride-hailing firm still sees a full-year loss of over $1.0B this year.
Tidjane Thiam, the Chief Executive of Credit Suisse, stepped down on Friday due to power struggle at the Swiss second-largest bank, which had been put under investor pressure regarding spying scandal being prosecuted by regulators.
Hong Kong Airlines is set to cut 400 jobs amid the coronavirus outbreak that causes financial troubles to the carrier, according to the South China Morning Post's report seen on Friday.
Goldman Sachs Group is set to raise $8.0B in its second buyout fund conducted after the financial crisis in 2008, boosting its ability for secure worldwide deals, Reuters reported.
On Thursday, the US Attorney General William Barr stated that the US should consider acquiring a stake in Nokia or Ericsson to counter Huawei's dominance in 5G technology.
US Securities and Exchange Commission proposed on Thursday that US firms could raise capital by using digital currencies.
On Thursday, Chinese officials stated that the central bank would issue cheap loans to firms that had been affected by the coronavirus.
During Thursday's US trading hours, global stock indices surged, as Chinese authorities announced that they would cut trade tariffs.
Qualcomm Inc expressed its concerns over Chinese coronavirus outbreak that poses a possible threat to the smartphone industry and might have a potential impact on sales and manufacturing.
China's Huawei Technologies has brought legal action against the US carrier Verizon Communications, alleging the company illegally used 12 of Huawei's patents without authorisation.
On Thursday, Fiat Chrysler reported a 7% increase in its Q4 profit, driven by robust business in North America, as well as better readings in Latin America ahead of its merger deal with France's PSA Group.
The US initial claims for unemployment benefits plunged 15K to the seasonally adjusted 202K in the week ending February 1, the lowest level since April 2019, according to the Labor Department.
On Thursday, BMW stated it would ramp up its production of electric car powertrain components at the company's factory in Bavaria, increasing the numbers of staff to 1,4K this year.