Healthcare stocks and Intel chipmakers helped US shares to overturn early losses and move higher during the end of trading of Friday's trading session.
On Friday, the Atlanta Federal Reserve's GDP forecast model showed that the US economy grew at a 3.6% annualized rate in Q3.
A measure of manufacturing activity in the Upper Midwest of the US fell to the lowest level in 13 months in September amid concerns over shortage of workers and higher costs tied to tariffs, a survey showed.
The US consumer spending rose steadily in August, supporting expectations of strong economic expansion in the Q3, while inflation growth remained at the Fed's 2% target for a fourth month in succession.
Denmark's Novo Nordisk is set to cut nearly 250 jobs in the United States, a spokesman said, adding that the drugmaker would also employ an undetermined number of people to new positions.
Germany's automaker Volkswagen is set to use Azure cloud platform created by Microsoft to provide digital services and mobility offerings throughout its entire fleet, the companies stated.
SEBA Crypto AG, a Swiss start-up, has raised $103M to establish a bank that would offer cryptocurrency services to firms and investors, while continuing to extend its traditional banking services to companies in the new sector.
The US fintech strat-up Stripe has attracted $245M in the latest funding round, bringing the San Francisco-based company's value to $20.25B, a solid surge from its $9.2B valuation in 2016.
Norway's Equinor is seeking to acquire Chevron's 40% stake in the British gas and oil field Rosebank, sources familiar with the matter reported on Friday.
Chanel stated on Friday it had acquired the British swimwear maker Orlebar Brow from the label founder Adam Brown and other investors group, not disclosing the financial terms of the deal.
General Dynamics' unit Bath Iron Works has won a $3.9B US defence contract, along with Huntington Ingalls Industries, to construct six DDG 51 class vessels, the Pentagon reported.
Canada's Sun Life and Britain's Prudential are among five bidders for an 80% majority stake in the Commonwealth Bank of Australia's Indonesia insurance business.
The joint venture of Boeing and Lockheed Martin, United Launch Services, has won $867M US defence contract for the EELV programme designed for its Atlas and Delta IV rockets.
Mohammed Bin Salman, the Saudi Crown Prince, is planning a visit to Kuwait this Saturday to hold talks over the kingdom's political dispute with Qatar, Kuwaiti News Agency reported.
The head of the European Parliament Antonio Tajani on Friday announced that the Italian budget plan will impact savings and job creation in the country.
On Friday, the Italian new government proposed the budget of 2019 with a deficit, which is three times higher than the previously set target. The event created a selloff of Italian bonds.
Huntington Ingalls Industries has won a $5.1B US defence contract to construct six DDG 51 class vessels, according to a Pentagon report.
Volkswagen is ready to support hardware retrofitting for its older diesel cars, offering the German drivers to exchange some of their vehicles for newer models.
Shares in the EU advertising firms WPP and Publicis plunged this Friday, after the Wall Street Journal presented a report saying the US had launched a probe into media-buying practices in the sector.
Cognizant Technology Solutions has entered talks to acquire the app developer Softvision in a possible deal worth $550M the IT provider, as the IT provider seeks boosting its digital business.
Germany's brake systems maker, Knorr-Bremse, is set to list its shares on Frankfurt's stock exchange, expecting to attract up to $4.89B.
Perella Weinberg Partners, the boutique advisory company, has asked JPMorgan Chase and Goldman Sachs to lead the group's initial public offering, expected to take place this year-end, according to Bloomberg.
According to the recent economists poll of Reuters, Singapore is likely to tighten its monetary policy in October again, although change in policy is expected to be modest.
In 2018, the number of companies which are willing to go public on the Stock Exchange of Hong Kong has tripled in comparison with a previous year due to the rapid development of tech companies in the region.