At the start of Friday's US trading hours, US stock indices started the day with a gap down, as the USA 500 index lost approximately 141.00 USD or 0.36%. The decline occurred, as the markets bounced off all-time high levels.
China's JD.com has entered talks to acquire a stake in the Sinolink Securities brokerage worth $1.5B, as the e-commerce giant seeks to boost financial services operations.
On Friday, at 13:30 GMT, all Canadian Dollar pairs reacted sharply to the publication of the Canadian monthly employment data. The USD/CAD dropped 35 pips or 0.28%.
On Friday, the government of Spain revealed that it would increase aid to small and medium enterprises to 7 billion euros.
During Friday's European trading hours, stock indices slightly declined, as the US Dollar recovered some of its previous losses.
Germany's luxury carmaker Daimler is planning a recall of 2.6M Mercedes-Benz cars in China amid software design issue, according to the German market regulator's statement made on Friday.
On Friday, the Japanese e-commerce company Rakuten stated it was set to sell its 8.32% stake to Japan Post Holdings.
General Motors announced it had partnered with SolidEnergy Solutions, the lithium metal battery start-up, in order to bolster its electric vehicle battery development.
Italy is planning to launch a €40B fund in March for the companies hit by the coronavirus pandemic to help raise their capital and boost the balance sheets.
The direct aid to SMEs (small and medium sized firms), pledged by the Spanish government, will likely total as much as €7.0B, up from initially proposed €5.0B, Reuters reported.
The Chinese smartphone maker Xiaomi is set to buy back $1.29B worth shares on open market, despite a slump in its stock price, the company said.
The language-learning app Babbel's unit, Lesson Nine, is planning an initial public offering in Frankfurt in a deal that is seen to value the firm at over €1B.
On Thursday, Deutsche Bank nominated Frank Witter, Volkswagen's retiring Chief Financial Officer, to the lender's supervisory board, replacing his predecessor Alexander Schuetz.
On Thursday, the European Central Bank announced that it would increase its money creation schemes to keep borrowing costs in Europe low.
During Thursday's US trading hours, global stock indices reached a two-week high level and surged for a third session in row.
The International Monetary Fund announced on Thursday that central banks should carefully consider any rate hikes during ongoing fiscal stimulus.
On Thursday, Reuters reported that Prada expects the company's revenues to grow by 2.9-3.1 billion euros during 2021.
Baidu, the Chinese search engine firm, is planning to raise $3.03B by selling as many as 95M shares in its listing in Hong Kong.
The South Korean biggest e-commerce company Coupang has raised $4.6B in the US largest share offering in 2021, after selling its stocks in an initial public offering above the target range.
On Thursday, the European Central Bank stated it is ready to speed up money-printing in order to keep the lid on the Euro zone's borrowing costs, marking the ECB is determined to lay the groundwork for a robust economic recovery.
Warburg Pincus-led investor group is planning to make a $700M investment into the Chinese e-commerce company JD.com's infrastructure asset management unit, it stated on Thursday.
Amazon's Italian workers are calling a company-wide 24-hour strike for March 22 following unsuccessful discussions with the US online titan over working conditions.
On Thursday, China's e-commerce company JD.com posted a 31% rise in its Q4 revenue, driven by a steady online demand during the COVID-19 pandemic.
On Thursday, global stock indices extended their recovery, as the US Dollar entered the third day of declining.