China has punished over 8,000 people for being engaged in fiscal violations after an audit of the 2016 central budget spendings revealed multiple issues.
Trade between China and North Korea rose $388M in November, but was still close to the lowest levels of this year, as sanctions kept slowing business with an isolated neighbour.
Royal Bank of Scotland is likely to pay $125M to settle claims on its misrepresentations during sales of mortgage-backed securities to California's two pension funds.
Credit Suisse announced expectations to take a $2.3B write-down during the fourth quarter of 2017, following the US tax system changes.
Keppel Offshore & Marine agreed to pay more than $422M to resolve charges the company bribed Brazil's officials, including some from state-owned oil company Petrobras.
The US financial regulator stated that the country's companies would have up to a year for final report, as new bill complicated it to be made timely.
Boeing was awarded a $6.2B worth contract for 36 F-15 jets for air force of Qatar, the Pentagon stated in a statement.
Fiat Chrysler US unit stated that it would recall 1.8M trucks in the US, Mexico, Canada and other markets to fix a detail and allow the driver to leave the park without the key ignited.
The EBRD said that it extended a $350M worth loan to Ukrainian biggest steel mill, which is owned by ArcelorMittal, for environment and modernisation.
Commodity trader ED&F Man showed in the report a $144.6B loss for the fiscal year ending September 30, citing solid underperformance in grains and sugar businesses.
Russia's biggest oil producer Rosneft reached a settlement with the Sistema conglomerate, which is likely to pay out $1.7B to resolve the dispute on the Basneft oil firm.
Germany's carmaker Daimler stated that the US tax reform is likely to result in the income tax advantage of €1.7B worth in the company's 2017 results.
The US consumer spending strengthened, while capital goods orders rose for the tenth month in succession, indicating that the US economy was gaining momentum by the end of the year.
UnitedHealth Group announced that it signed an agreement to buy Chile's healthcare business Banmedica for $2.8B, expanding its footprint in South America.
The US economy is expected to grow at a 2.8% yearly pace in the Q4, following durable goods orders and personal spending figures for November, the Atlanta Fed forecast model revealed.
The US Department of Commerce reported on Friday that new single-family home sales increased by 17.5% month-on-month, thus reaching its highest level since July 2007.
The Spanish Prime Minister Mariano Rajoy said on Friday that the central government would make an attempt to hold constructive talks with Catalan pro-independence parties.
Canada's National Railway Co informed about its plans to purchase 200 locomotives from General Electric Co during the following three years to satisfy higher demand.
The US President Donald Trump is set to sign into law the massive $1.5T tax overhaul and a government spending plan later on Friday.
The United States backed the Honduran President Juan Orlando Hernandez's re-election on Friday, despite disputes and protests that sparked out over the vote.
According to J.D. Power and LMC Automotive, the US vehicle sales pace is seen to be down 2.6% in December, despite manufacturers' aggressive discount campaign.
On Friday, Germany has launched probe of the scheduled China bid for the aerospace supplier Cotesa, following Berlin tightened rules on takeovers of foreign corporates.
Russia's Defence Minister Sergei Shoigu stated on Friday that a total of 48K Russian troops took part in its military campaign in Syria.
Qualcomm's board unanimously had rejected all the 11 candidates to replace its current directors picked by Silver Lake and Broadcom, the chipmaker stated on Friday.