On Friday, it was announced that a Federal Judge from California has been pressuring the SEC and Volkswagen to resolve the civil case that was caused by the Dieselgate scandal.
On Friday, the Canadian government announced that it has awarded a multi-billion contract to General Dynamics. The announcement caused a surge of the company's stock price.
During the Friday's trading session, the Argentinian Peso managed to recover against the USD by 4.36% after the previously experienced free fall.
On Friday, the week's trading was ended by the US Dollar by trading flat. The currency could not gain ground due to worries that another Federal Reserve rate cut could occur in September.
On Friday, the US trading session ended with a surge. US stock indices surged more than 1.2%.
South Korea's panel producer Samsung Display stated that it was considering suspending one of LCD production lines in hte country amid a supply glut.
The Euro zone recorded a $22.8B surplus in trade of goods with the rest of the world's countries in June, falling 8% from $25.1B of June last year, Eurostat stated.
The President of Mexico Andres Manuel Lopez Obrador stated that while the country faced its difficult economic environment, current week's interest rate change is likely to stimulate the economy.
The US homebuilding declined 4.0% to an adjusted yearly rate of 1.19M units in July, falling for a third month in sucession due to a steep decline in the multi-family housing units' constructio.
Germany's car rental company Nextmove cancelled the bulk of a 100-car order from Tesla worth €5M due to quality problems with the Model 3, it stated on Friday.
Alibaba Group Holding agreed to pay $2B in cash to acquire China's e-commerce company Kaola, owned by NetEase Inc, which sells household appliances, apparel and other products.
On Friday, Freenet, the German telecoms group, has urged to amend the terms and trim the price of the Sunrise Communication's proposed $6.4B acquisition of the Liberty Global's Swiss unit UPC, according to Reuters.
Nvidia Corp reported better-than-expected results for its revenue, which fell 17% in the fiscal Q2, boosted by the strength in the company's video gaming and auto units.
Apple has announced this week it was responsible for 2.4M US job, directly or indirectly, which is by 20% more than 2M that the tech giant estimated in 2017.
On Friday, OYAK, the Turkish military pension fund, announced it had reached an agreement to acquire British Steel, adding it would seek the acquisition to be completed by the year-end.
On Friday, during the European trading session stock indices surged. The move was attributed to a general bullish sentiment caused by China's announcement of economic stimulus.
Hong Kong's second-quarter GDP grew 0.5% year-on-year, the government reported on Friday, slightly less than estimated; however, the escalating US-Sino trade war is raising concerns about a possible recession.
Instagram has rolled out a new tool for users allowing them to flag false information in the posts, as the Facebook-owned photo-sharing site makes efforts to stem misinformation or abuses on the platform.
The cosmetics maker Revlon has selected Goldman Sachs Group to explore possible business options, sending its shares up 15% on the news, Bloomberg reported.
On Friday, crude oil prices surged following two-day slumps, boosted after the data showing a rise in the US retail sales eased concerns about a possible recession in the world's largest economy.
According to a report published by the Civil Aviation Administration of China, the country's civil aviation sector has shown 7.7% year-over-year growth.
The US President Donald Trump stated on Friday that the US and Britain have achieved a considerable progress in negotiations on a new trade deal.
The US retailer Walmart reported strong Q2 results, as earning per share grew to $1.27 per share against $1.22 expected, and raised earnings projection for the year, sidestepping concerns over consumer demand in the wake of trade war.
The US Commodity Futures Trading Commission stated that Kraft Heinz and Mondelez International will have to pay $16M worth penalty for the wheat manipulation case dating back to 2015.