The US President Donald Trump is negotiating with various countries about exemptions to the proposed US steel and aluminium import tariffs.
A Caterpillar Inc. spokeswoman has revealed to Reuters that the two CAT facilities to be shut down are a tools facility in Texas and a showroom in Panama.
The Finance Ministers of France and Germany on Friday agreed to draw up the final plan for a Euro Zone reform until June.
After a turbulent week in US politics US stock markets gained value and ended the day's trading slightly higher.
Although Caterpillar Inc. announced a new restructuring plan, the company's stock still managed to surge near 1.5% during Friday's trading session.
Caterpillar Inc. have announced that the company will shut down two plants. Due to the restructuring almost 880 jobs could be cut.
On Friday oil surged due to the markets expecting bullish support to the commodity from the Saudi Arabian Crown Prince's interview, which was set to be published during the weekend.
Oil prices increased on Friday. The reason for the surge was the observable covering of short positions before the upcoming important weekend.
The executive board of Qualcomm met on Friday to discuss the recent attempt to buy out the company by the former CEO Paul Jacobs.
Russian authorities on Friday set out to expel British diplomats in retaliation for the expulsion of 23 Russian diplomats from the UK.
Due to the recent hostilities between the UK and the Russian Federation Washington has hinted that tougher sanctions might be set on Russia.
The unofficially announced US tariffs on steel and tech imports are unlikely to be passed, as lawmakers are set to sort out a jungle of legislation prior to any real action.
France's President Emmanuel Macron met Germany's Chancellor Angela Merkel in Paris for talks over the Euro zone reform, as they seek to find a common ground on the issue.
On Thursday, the North Korean Foreign Minister arrived to Sweden for talks that prompted speculations over the possible meeting between the US and North Korea's leaders Donald Trump and Kim Jong Un.
The French food retailer Leclerc is set to open click, aiming to collect hypermarkets and stores in Paris, following its home delivery service launch in the capital, as the company wants to outrace the rivals.
Johnson & Johnson stated on Friday that the private investment company Platinum Equity had offered around $2.1B for its diabetes unit LifeScan, known for producing blood glucose monitoring products.
Germany is eager to use all the opportunities to negotiate the planned aluminium and steel tariffs proposed by the US President Donald Trump, as the Chancellor Angela Merkel seeks to exclude the European Union from the list.
On Thursday, the German government's spokesman urged Russia for transparency over the nerve agent attack on the former Russian spy, supporting the Britain's point of view regarding the responsibility for the incident.
The finance unit of JD.om is willing to raise around $1.9B in fresh equity that is likely to double the company's value to more than $20B from the last year.
The UK city Birmingham is calling on Uber for further details on the ride-hailing business model before it makes a decision whether to resume its licence.
According to the International Monetary Fund, the Angolan economy was expected to grow by 2.25% year-on-year, being boosted by higher oil prices and more robust policies.
The luxury jewellery retailer Tiffany & Co. reported on Friday better-than-expected earnings and revenue of $61.9M and $1.33B, respectively, during the fiscal fourth quarter.
The richest man of Hong Kong Li Ka-shing is eager to retire as CK Hutchison's chairman, following the annual general meeting planned to be held on May 10.
According to Russia's Deputy Minister Sergei Ryabkov, Moscow is planning to expand its black list of the US officials in retaliation against the newly imposed sanctions.