Facebook suspended former US President Donald Trump until at least two years to January 2023 and announced changes to how it will deal with world leaders breaking rules on postings.
Staples stated that it offered to acquire Office Depot owner ODP's consumer business for $1B in the latest effort by the office supplies retailer to buy the rival's assets.
Microsoft Corp won the US antitrust approval for the $16B deal to buy AI and speech technology firm Nuance Communications, a filing made by Nuance said.
The US Commerce Department reported that factory orders declined 0.6% in April after a 1.4% rise in March, as a semiconductor shortage weighed on the production of motor vehicles, appliances and components.
Shares of AMC Entertainment fell by 6.4% to $48 in premarket trading on Friday, while BlackBerry stocks declined by 2.4% after six sessions of gains.
As reported by the US Labour Department on Friday, the US labour market added a modest 559,000 jobs in May.
As reported by ASEAN on Friday, the European Union and the Association of Southeast Asian Nations have finalized the landmark air transport agreement.
On Friday, the dollar index, which measures the US Dollar against a basket of major currencies, hit a multi-week high, after data showed that the US jobs growth surged by 559,000 in May.
Tesla reported on Friday its China vehicle orders nearly halved to 9.8K last month, compared to 18K vehicles in April, sending the company's shares down 5% on the report.
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 Canadian Dollar also lost its value due to worse than expected numbers.
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.