The Chinese government has signalled that it would impose new national security laws for Hong Kong, as pro-democracy activists in Hong Kong urged mass protests over the weekend against the law.
Freight-forwarder Kuehne+Nagel is likely to cut more than 20K jobs, mostly in the US, as the coronavirus-caused crisis hits shipping.
Amazon.com's India unit is set hire 50K temporary workers to meet an increase in online shopping in the country during the lockdown.
Tax revenues of the government and the 16 federal states of Germany decreased 25.3% year-on-year in April to around €39B amid the coronavirus pandemic.
Ryanair's Austrian airline Lauda is set to shut down the main Vienna base on May 29, affecting 300 jobs in Austria.
According to the Britain Office for National Statistics report, published on Friday, The UK government borrowing rose to £62bn in April.
The Canadian retail sales tumbled 10%, hitting the record-low level, in March as the majority of non-essential businesses were shuttered due to the coronavirus pandemic spread, according to Statistics Canada.
China's technology company NetEase has chosen June 11 for the secondary listing on the Stock Exchange in Hong Kong, with the web retailer JD.com's listing to be launched a week after that.
On Friday, oil prices dropped nearly 4% on rising tensions between China and the United States, as well as worries about the slow recovery of fuel demand after it was hit by the coronavirus crisis.
Carmakers and partners France's Renault and Japan's Nissan are going through tough times, with the French minister warning of Renault that could disappear if no help is received soon, while Nissan is likely to cut 20K jobs.
On Friday, China's Alibaba Group reported its Q4 profit and revenue beat market estimates, as sales surged during the coronavirus lockdowns around the globe.
Britain will look at the details proposed for the G7 summit scheduled on June 10, Prime Minister Boris Johnson's spokesman said on Friday.
Spain is easing coronavirus lockdown in Madrid starting from Monday by allowing outdoor dining, as well as up-to-ten people gatherings, amid slowing rate of infection in the city.
Beijing is planning to introduce a new law on national security on Hong Kong, after the violent anti-China unrest that took place last year and delved the city into the deep turmoil.
Nissan Motor is thinking over 20K layoffs mainly in Europe, as well as some developing countries, as the Japanese carmaker faces a tough road to recovery amid tumbling car sales.
On Friday, the Finance Minister of Japan Taro Aso and the Governor of Bank of Japan Haruhiko Kuroda hosted a meeting in Tokyo to discuss the coronavirus pandemic.
Britain's government reported its retail sales plunged by as much as 18% in April, hitting the record-low level, due to the coronavirus crisis that harmed the global economy.
Alphabet's Waymo self-driving unit announced that Debbie Hersman, the Chief Safety Officer, was stepping down from her post but would stay as the company's consultant.
On Thursday, Nvidia Corp forecast its Q2 revenue above analysts' expectations on rising demand for the company's chips used in data centres, necessary for working remotely, during the coronavirus outbreak.
The world's second-largest mobile operator Vodafone has named the current Chief Executive of Heineken, Jean-Francois Van Boxmeer, as its new chairman, who will succeed Gerard Kleisterlee from November 2020.
General Motors revealed on Thursday that the company is restarting its production in Silao, Mexico.
On Friday, the President of Brazil was set to sign a $11 billion aid package to help fight the coronavirus.
A group of US senators on Thursday urged US airlines to reverse their decisions to cut staff.
On Thursday, crude oil prices recovered to the mid-March levels, as global demand has returned.