The US Treasury Department said that the country's budget deficit widened to 3.5% of GDP or $666B, for the fiscal year 2017, as the record amount of spending offset record receipts.
Social media firm Snap announced that it laid off 18 employees in the company's recruiting division, making a reflection of hard competition from Facebook.
Theresa May, the British Prime Minister, won a reprieve in stalled Brexit negotiations, while the EU leaders showed willingness to move the talks forward in the forthcoming moths.
The government of Spain ensured opposition support to dissolve Catalonia's parliament and hold new elections in January in a bid to defuse regional government pushing for independence.
The New York Fed lowered its forecasts for the US economic growth for the Q3 and the Q4, as Hurricanes Irma and Harvey hurt industrial output and home construction in September.
US home resales rebounded 0.9% to a seasonally adjusted yearly rate of 5.39M units in September, despite expectations for a 1.0% decline in the reported period.
Paris announced plans to prevent Asian bike-share operators bursting into the town the way Uber and Airbnb did by introducing new rules.
German car manufacturer BMW confirmed that the EU antitrust officials were in the company's offices in Munich to make its inspection due to alleged violation of antitrust regulations.
Rex Tillerson, the US Secretary of State, said that the US is unlikely to impede the EU business transactions and trade with Iran despite Donald Trump's decision to decertify the 2015 nuclear deal.
General Electric's stock fell nearly 6%, as the company announced that its Q3 profit missed projections, while CEO slashed earnings estimates due to lower power operations' volume.
The French Foreign and Finance Ministry's officials and French businesses decided to meet to discuss the consequences of the US President decision to refuse the certification of the 2015 Iran nuclear deal.
At least 30 people died after a suicide bomber had targeted a Shiite mosque in the Afghan capital Kabul on Friday night, the police reported.
US stocks rose on Friday on bank stocks increase and tech stocks recovery, after investors' optimism returned as the administration of Donald Trump signaled on lower taxes.
Kobe Steel decided to stop shipping around 43% of copper products from Hatano plant, since it appeared to violate the country's industrial standards.
The European Union is willing to reduce some money earmarked for Turkey's join to the bloc amid increasingly strained relations with Ankara.
XPO Logistics is hiring over 6K holiday workers for the festive season, which is 20% more than the previous year, as the US company seeks a surge in the e-commerce delivery.
Citizens of the Czech Republic started voting this Friday in the country's Parliamentary election seen to grant power to a wealthy businessman and politician Andrej Babis.
The Austrian President granted the Conservative leader Sebastian Kurz a permission to form the government, after he secured 31.5% vote in the Parliamentary election on Sunday.
Namibia warned the Airbnb local home owners that they risked imprisonment, in case the hosts failed to register with tourism regulatory body by the end of the year.
Spain's Prime Minister Mariano Rajoy is willing to announce on Saturday the measures to impose a direct rule on Catalonia over the wealthy region's bid to separate from the country.
The Japanese financial regulator is willing to question the country's regional banks over poor business models amid FSA's concerns of neglecting core lending operations to domestic businesses.
According to the Asahi newspaper, the Japanese Emperor Akihito will likely abdicate in March of 2019, while the Crown Prince Naruhito is seen to ascend his throne immediately after in April.
The British Business Secretary Greg Clark is to meet Canadian government officials on Friday to discuss Airbus/Bombardier partnership on C-Series aircraft program.
The US Dollar and European stocks edged higher on Friday in response to the US Senate approving a budget draft that favours tax cuts and increased infrastructure spending.