US stock indices ended the week's trading on Friday with a decline from the recently reached new historical high.
The inflation rate in Russia is expected to be around 4.6-4.9% in 2020, above the 4% target, a report published by the Russian central bank shows.
Retail sales in the UK contracted 3.8% in November, compared to the previous month, data published by the British Office for National Statistics show.
The US Commerce Department announced on Friday that the current account deficit, which measures the flow of investments, goods and services into the United States, surged by 10.6% to $178.5B in Q3.
On Friday, JPMorgan Chase announced that Lee Raymond, the company's longest-serving director, would step down from the board at the end of this year.
On Friday, the German carmaker Volkswagen announced that it would adjust production at its factories in Europe, North America and China amid a shortage in semiconductors supply.
US stocks opened at record levels on Friday, as the Dow Jones Industrial Average was up by 10.51 points at 9:34 a.m. ET, while the Nasdaq Composite Index rose by 0.09%.
On Friday, Facebook's WhatsApp has launched its desktop app beta version that features video and voice calls, the tech blog WABetaInfo reported.
Lockheed Martin will assist Japan with building new stealth fighter deemed for the country's air force by the mid-2030s, according to Reuters.
Gucci has joined Alibaba to open flagship stores on its online luxury e-commerce platform, as the fashion label seeks to lure more Chinese customers to reverse its revenue drop amid the coronavirus pandemic.
Unilever is planning to resume its advertising on the US social media platforms, such as Twitter, Facebook and Instagram, following the six-month-long pause amid hate speech and divisiveness during the US election period.
Tesla prepares to formally enter the S&P 500 on Monday, as its shares are up almost 700% during the last year, marking the meteoric rise and turning the company into the most highly-valued carmaker in the world.
Blue Origin is expected to deliver шеы first flight-ready rocket engines already next summer, the United Launch Alliance's CEO stated on Friday.
A malicious software was found in Microsoft's systems, the company reported, linked to the massive hacking campaign that had been disclosed by US officials earlier this week.
Biogen will pay $22M to settle the US probe into allegations over illegal drug charity kickbacks, according to the Reuters report.
Twitter is set to create a label for bot accounts in 2021 that will identify such bots as automated, finalising the company's plans to reboot its verification programme.
China's Huawei is planning an investment worth €200M to build a phone network equipment plant in France that would initially employ as many as 300 people.
Coca-Cola is planning to cut as much as 2,200 job positions around the world, including 1,200 jobs in the United States, amid its business restructuring triggered by the coronavirus-related economic fallout.
The US delivery company FedEx reported its quarterly profit nearly doubled on spiking volume and rate hikes that helped reduce the company's cost of delivering e-commerce purchases during the pandemic.
Verily Life Sciences, Alphabet's life sciences unit, has raised $700M in its round of funding from investors including Temasek, Silver Lake and Alphabet, amid its commercial businesses expansion.
Walmart announced on Thursday it had partnered with TikTok to sell its merchandise during live streams launched by creators and is considering an investment into the Chinese video-sharing app.
On Thursday, Novartis stated it was set to acquire Cadent, the US neuroscience company, for about $770M, gaining full control over the Cadent's portfolio.
Spryker, the German business software maker, raised over $130M in its round of financing led by the US investment company TCV, seeking for expansion in international markets.
Japan's government is planning the record-high budget worth $1.03 trillion for the following fiscal year, bolstered by its COVID-19 response as well as rising military and welfare spending, Reuters reported on Thursday.