According to the US Energy Information Administration monthly statement, the US crude oil production declined to 12.78M barrels a day in December.
Fritz Zurbruegg, the Vice-Chairman of Swiss National Bank, said that the increasing demand for a safe-haven Swiss Franc was due to the coronavirus outbreak.
An official said on Friday that Turkey has opened its borders with Europe to allow Syrian refugees and other migrants to enter the European Union.
According to sources with knowledge of the matter, Softbank's Chief Communication Officer Gary Ginsberg has taken unpaid leave to help Michael Bloomberg's presidential campaign.
On Friday, Jon Cunliffe, the Deputy Governor of the Bank of England, warned that the rise of cryptocurrencies could affect the supply of credit to the real economy through the banking system.
On Friday, a jury at London's Old Bailey criminal court acquitted three former Barclays bankers over the 2008 Qatar fees fraud case.
According to the US Energy Information Administration monthly statement, the US crude oil production declined to 12.78M barrels a day in December.
On Friday, Coty Inc named Pierre Denis, the Jimmy Choo boss, as the company's next CEO, succeeding Pierre Laubies, Reuters reported on Friday.
China's Baidu, the largest search engine group, is expecting its Q1 revenue to plunge about 13% in comparison with the previous year due to the coronavirus outbreak that affects advertising an economic activity.
Hyundai's hydrogen-powered trucks will hit the Swiss roads next month amid the South Korean carmaker's intention to set a precedent zero-emissions technology.
Elliott Management is putting pressure on SoftBank Group over details of nearly-$10B of the investment securities on the balance sheet, on the back of a campaign to boost the value of Japan's conglomerate.
Tokyo Disneyland is set to be shut down starting this Saturday until March 15 amid fears about the coronavirus outbreak in Japan, the theme park's operator informed on Friday, adding the move will have a negative impact on the Q2 results.
On Friday, Hyundai Motor has halted its plant in South Korea after an employee was tested positive for coronavirus, disrupting the carmaker's popular models production, such as Palisade SUV.
Aerospace engineer Rolls-Royce reported on Friday a $1.1B operating loss in 2019 due to costs of tackling durability issues with the company's Trent 1000 engine that affected the record engine deliveries and good performance.
On Friday, global stock indices continued to decline, as stocks were expected to book the biggest decline since the 2008-2009 financial crisis.
JPMorgan Chase is restricting all non-essential travel, as it seeks to protect its staff and business against the continued spread of coronavirus, according to a Bloomberg report.
On Friday, the London Stock Exchange Group stated it would close its $27B takeover of the analytics firm Refinitiv on time in 2020 after LSE posted higher-than-expected annual income, boosted by a rise in clearing activity.
Amazon.com has barred over 1M products from sale that inaccurately claimed to defend or cure the coronavirus, the retail giant told Reuters.
Facebook is eager to cancel the annual developer conference scheduled on May 5-6 in California's San Jose amid fears of the coronavirus outbreak, the company's director of platform partnership said.
Shares in Microsoft Corp fell as much as 4% yesterday after the tech giant warned of slowdown in the PC business, as the coronavirus outbreak hit its supply chain, according to Reuters.
Nokia Oyj's shares rose as much as 1.1% after Bloomberg reported that Finland's telecom network equipment producer was exploring potential mergers and asset sales.
Hudson's Bay Co announced it received an approval from its shareholders to transform into a private company amid the C$2.0B deal proposed by its Chairman Richard Baker.
Thyssenkrupp has agreed on a sale of its elevators unit to the Advent-led consortium Cinven and German RAG foundation in a deal valued at $18.7B, potentially the largest buyout in the world this year.
Cargill's spokeswoman April Nelson said on Thursday that the company has banned international travel for its staffs due to the coronavirus epidemic.