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.
The UK economy shrank by 20.4% in April, compared to March reading of 6%, as all sectors were hit by the COVID-19 lockdown.
TikTok's parent company ByteDance reported it had more than tripled the US staff in the past year, raising the number of employees to over 1K from 300.
Chris Cox, Facebook's ex-Chief Product Officer, is coming back to the company, following his last-year leave after the CEO Mark Zuckerberg had unveiled a plan to transform the social media giant into the encryption-focused messaging firm.
Nestle is considering a possible partial sale of the water business in North America, including its Pure Life unit, as the food titan is shifting focus to brands that are better performing.
Calin Rovinescu, Air Canada's CEO, has called on Canada's government to ease travel restrictions, citing the negative impact the curbs have on the company's sales.
Zoom Video Communications denied to provide the Chinese government with any meeting content or user information, it stated on Thursday.