The Foreign Minister of Canada Chrystia Freeland on Friday revealed that the Canadian diplomats can reach a win-win deal with United States in renegotiating NAFTA trade pact.
After losing value heavily previously the Argentinian peso recovered late on Friday, as the Argentinian central bank auctioned off US Dollar reserves.
On Saturday, Chinese officials announced that they will prevent hazardous investment and redundant development in the country's auto industry.
The Bank of Canada is unlikely to change interest rates, at least until October, as it is faced with the uncertainty for Canada's future trade agreement with the United States.
On Friday, UK and EU negotiators discussed plans of agreeing on a Brexit deal this autumn.
Argentina's Central Bank said on Friday that it would sell a significant amount of the US Dollar reserves to help the Argentine Peso to stabilize.
The US Dollar extended its gains for the second consecutive trading sessions on Friday, as trade tensions between the United States and its main trading partners intensified.
On Friday, Verity Health System and six other California hospitals managed by former billionaire surgeon Patrick Soon-Shiong's filed for bankruptcy.
The University of Michigan said on Friday that the US consumer sentiment has fallen to a seven-month low in August.
Oil prices dipped on Friday, over concerns that a global trade war might affect energy demand. However, the US sanctions on Iran and the falling Venezuelan output restricted the decline.
The S&P 500 and the Dow Jones Industrial remained unchanged on Friday, as trade talks between Washington and other major economies intensified.
Coca-Cola agreed to purchase coffee shop chain Costa for $5.1B to extend the company's push into healthier drinks and take on the likes of Nestle and Starbucks in the global coffee market.
OPEC oil production risen in August to the highest level of this year, as Libyan output recovered and Iraq's exports reached a record, but a cut in Iran's shipments amid the US sanctions limited the rise.
The Brazilian economy expanded slightly in the Q2 despite a nationwide strike of truckers, as a slow recovery rumbled on before presidential elections in October.
India's annual economic growth accelerated pace to the strongest in two years of 8.2% in the three-month period to June, giving Narendra Modi's government a boost in the final year of the term before elections.
A Reuters poll on Friday showed that global investment funds have increased equity holdings to a four-month high level. This shows that market participants expect an upcoming surge in the stock markets.
The President of the European Commission Jean-Claude Juncker on Friday announced that the EU will increase import tariffs on cars, if the US does the same.
On Friday, the market value of Tencent Holdings slumped by $20B after Chinese government announced a crackdown on online gaming industry, resulting in higher regulatory risks for online gaming companies.
On Friday, the Conservative Prime Minister of Norway Erna Solberg appointed the Minister of Transportation and the Minister of Oil during the recent Minister's cabinet reshuffle.
On Friday, the Prime Minister of Australia Scott Morrison met with the President of Indonesia Joko Widodo in Jakarta to discuss the cooperation and the potential trade deal between two states.
Japanese chipmaker Renesas Electronics Corp is planning to acquire American chip manufacturer Integrated Device Technology Inc as a part of Renesas' strategy to focus on the development of chips for self-driving card.
Austria's Central Bank governor Ewald Nowotny urged the European Central Bank to adopt a firmer line in balancing its monetary policy and focus on taking its deposit rate away of the negative zone.
On Friday, Britain's Whitbread Plc agreed to sell Costa Coffee chain to Coca-Cola for $5.1 billion.
Oil prices held firmly on Friday, as the US sanctions on Iran's crude oil exports and falling Venezuelan output reduced global supply.