The Pakistani government announced on Friday that it targets 2.1% GDP growth in 2020.
On Friday, EU officials announced that they wold ease the rules for receiving a bail out for smaller firms and start-ups.
On Friday, the Richmond Federal Reserve Bank President Thomas Barkin stated that fiscal support to the US economy would be required, if high unemployment persisted.
The head of the Federal Reserve Jerome Powell revealed on Friday that he would focus on a return to a strong labor market instead of the stock market.
On Friday, Reuters revealed that the European Union authorities would crack down on firms that used state subsidies to buy up EU based companies.
The Federal Reserve revealed on Friday that the data about small business failures shows that a large portion of enterprises could go bankrupt.
Data published on Friday revealed that US consumer confidence grew in June, as the growth of unemployment slowed down.
On Friday, the US Oil Fund received the permission to offer new shares. The fund intends to issue one billion new shares.
Reuters revealed on Friday that the US and Brazil are in talks to buy 5G gear from Nokia and Ericsson.
On Friday, the bankrupt US car rental company Hertz announced that it would issue shares valued at $1 billion.
Despite the recent sell-off, Robinhood user favourite stocks surged during Friday's trading, as the retail sector began a buying spree.
On Friday, US stock indices dropped, as fears of a second coronavirus wave caused by recent riots took over the markets.
During European trading hours, the week's trading was ended with a minor surge, as heavy losses were suffered throughout the week.
On Friday, crude oil price benchmarks ended the week with a weekly decline and the breaking of an ascending streak.
China's automobile industry expanded 4.4% in April, compared to the same period the prior year, the China Association of Automobile Manufacturers reports.
The UK economy plunged by 20.4% in April, compared to the previous month, the largest monthly decline since 1997, the Office for National Statistics reports.
The US can't shut down the economy again amid concerns over a second wave of the coronavirus, the US Treasury Secretary Steven Mnuchin says.
Consumer prices in Portugal declined by 0.7% in May, compared to the same period in 2019, data released by the National Statistics Institute show.
China's Shenzhen Municipality plans to set up 17T new 5G base stations in the next three months, a statement published by local authorities shows.
On Friday, the Chinese group Tencent Music Entertainment has taken a passive stake in Warner Music Group worth 5.2%, nearly a week after the US recording label's initial public offering launch on the Nasdaq.
Netflix has entered talks with Reliance's Indian affiliate Viacom18 over a long-term partnership aiming to source its content, according to Reuters.
Germany's airline group Lufthansa is planning to offer tests on coronavirus at the Munich and Frankfurt airports, a spokesman said, adding that tests should be available by early July.
Global shares continued their decline on Friday, while oil dropped on rising concerns that a new wave of the COVID-19 infections could slow down the recovery from lockdowns.
During Friday's European trading hours, the Euro gained ground against the US Dollar, as traders paused a stock sell off.