At the start of Friday's US trading hours, US stock indices recovered, as bad US employment data beat down the value of the US Dollar.
At mid-day on Friday, at 12:30 GMT, the value of the US Dollar plummeted due to the release of the US monthly employment data. The EUR/USD surged by 60 base points or 0.50%.
During Friday's European trading hours, the prices for cryptocurrencies declined. The move was attributed to a tweet by the Tesla CEO Elon Musk.
On Friday, Flink, the German grocery delivery start-up, announced it had raised $240M from investors and signed a partnership with Rewe Group, the supermarket chain.
Sales of Nissan Motor's new electric SUV Ariya are delayed amid the COVID-19 pandemic as well as the global chip shortage, the carmaker's senior executive said on Friday.
On Thursday, the United States government proposed a 15% corporate tax minimum, which would ensure that all companies pay taxes.
The US President Joe Biden stated that he had ordered the ban of investment into 59 Chinese tech and defence firms.
On Thursday, global stock indices traded sideways, as inflation concerns were offset by good US economic data.
During Thursday's US trading hours, the value of the US Dollar increased against peer currencies, as good US statistics boosted the currency.
Savannah Energy and Exxon Mobil were in exclusive negotiations over the sale of Exxon's stake in energy assets of Chad and Cameroon, the companies stated.
Tesla's car orders in China almost halved in May, compared to the prior month, against the backdrop of higher government scrutiny on the US carmaker, the Information reported, citing internal sources.
Toyota Motor made a rebranding of the company's investment arm as Toyota Ventures and added two early-stage funds focused on funding start-ups developing solutions for carbon neutrality.
Renault is planning to combine its three French factories for a single electric car hub, Renault ElectriCity, and switch its focus to EV manufacturing.
China's Tesla supplier CATL is set to build a major new battery factory in Shanghai; a move that will strengthen the company's lead as the No.1 supplier in the world.
Tesla has launched two new recalls of more than 7,000 US vehicles due to seat belt issues, the electric carmaker said on Thursday.
During early Thursday's US trading hours, the stock price of General Motors tested its all-time-high level at 66.44. The stock price has been surging since May 12.
Taiwan has entered talks with Pfizer and Johnson & Johnson, the COVID-19 vaccine makers, over more supplies, the country's Foreign Minister stated on Thursday.
UK's Queen Elizabeth and the US President Joe Biden are set for a meeting at Windsor Castle at the G7 summit-end, according to Buckingham Palace's statement.
Brazil's Minister of Communications Fabio Faria stated that the government was anticipating the 5G spectrum auction to happen already next month.
The private equity group KKR has agreed to acquire a stake in France's Cegid, in the deal that will value the software company at €5.5 billion.
Outreach, the Salesforce Venture-backed sales intelligence provider, raised $200M in its latest round of funding led by STEADFAST Capital Ventures and Premji Invest, valuing the start-up at $4.4 billion.
On Thursday, at 08:30 GMT the GBP/USD suddenly moved upwards by almost 40 base points. The move started, as the Markit UK Final Services Purchasing Managers Index was released.
ABB is planning to electrify its whole fleet of over 10K vehicles by 2030, in its efforts to follow the new sustainability strategy, the company announced on Thursday.
On Thursday, BMW, the German luxury carmaker, stated its Chinese car plants would reach carbon neutrality by the 2021-end, expecting the total carbon emissions at its Chinese production factories would drop 80% by 2030.