On Friday, Virgin Atlantic completed its $1.6 billion restructuring plan and shed 1,150 jobs due to the COVID-19 crisis.
On Friday, the US Vice President Mike Pence stated that the White House has reached an agreement with the US Congress to fund the US government until the end of September.
The economy of Morocco is expected to shrink by 2% in 2020, a statement published by the European Bank for Reconstruction and Development shows.
Moody's Investors Service revised India's economic growth forecast to 0% for the fiscal year 2021, data published by the company show.
The Cyprus economy is expected to contract 6.9% in 2020 amid the coronavirus pandemic, a statement published by the Research Center of the University of Cyprus shows.
The Polish economy is expected to contract 4.25% in 2020 amid the COVID-19 pandemic, a report published the European Commission states.
Earnings from coffee export from Uganda reached a record high of $494M for the year ended on June 30, a statement published by the Ministry of Finance shows.
Virgin Atlantic is planning 1,150 more job position trims amid a weak recovery in demand after the coronavirus lockdowns, the struggling carrier stated on Friday.
France's Engie chairman stated he had considered that Veolia's bid for Engie's stake in Suez was undervalued.
Danske Bank is set to pay up to $15.93M to around 900 customers in total who were overcharged for investment products, the lender announced on Friday.
Amazon Japan submitted regulators with its plan on how the company will improve potential practices of violating antitrust rules, according to the Asahi Shimbun report sene this Friday.
On Friday, European stocks opened lower. The pan-European STOXX 600 Index fell by 0.90%, as technology shares continued to decline from the previous session.
TikTok unveiled a marketing programme aimed at advertisers that includes tools for measuring ad campaigns' success, the short video app announced earlier this week.
Broadcom, Apple's main supplier, is expecting a delay in the iPhone chip ramp-up, adding that new Apple's smartphones are likely to arrive after the September's usual release date.
General Motors and Japan's Honda Motor are set to form a strategic alliance in North America, aiming to jointly develop new vehicle range, according to the recent statement made by the US automaker.
Juul Labs announced "significant" job cuts across the world, exploring options to exit some Asia-Pacific and European markets due to the company's intention to save cash.
Fiat Chrysler Automobiles rolled out its new sport utility vehicles, Grand Wagoneer and Jeep Wagoneer, challenging its rival General Motors, Reuters reported.
Toyota Motor's China sales surged as much as 27.2% to 164,400 cars in August compared to the same month last year, while Honda Motor sold 148,636 units, up 19.7%, from the same period in 2019.
Ryanair is set to launch a share placement in a bid to raise €400M to help the company benefit from lower costs following the pandemic to expand its fleet.
QuantumScape, the startup backed by Volkswagen, announced plans to go public through a reverse takeover with Kensington Capital Acquisition with $3.3B enterprise value.
Zara-owner Inditex's budget brand Lefties launched online sales in Portugal and Spain, giving the label a digital privilege over Primark in its second-largest market.
Sweden's startup Volta Trucks revealed the 16-tonne electric truck Volta Zero and announced plans to start production in 2022 in the UK.
Euro zone retail sales declined 1.3% month-over-month, despite the lifting of coronavirus-related restrictions, with clothes and shoes leading the fall with double-digit decline.
General Motors and Honda Motor announced their intention to team up to make cars in North America, as carmakers came under pressure to meet demands for cleaner cars.