Nike's quarterly profit and revenue surpassed Wall Street expectations on strong Chinese sales, though growth in North America was lower than expected.
China's e-cigarette industry laid off nearly 50K people since October, almost 10%, as tighter regulation in China and the US smother the sector.
HERE Technologies announced that it sold a stake of 30% to Nippon Telegraph and Telephone and Mitsubishi, diluting carmakers' stake to 54%.
BlackBerry surpassed quarterly revenue estimate on higher security software and licensing sales, sending shares 5.8% up in premarket trading.
Johnson & Johnson stated that it is set to acquire Verb Surgical, buying the remaining stake from Verily, in a bid to bolster digital surgery portfolio.
On Friday, Royal Dutch Shell announced that it is cutting its quarterly oils product sales forecast, as there is decreasing demand for gas and oil.
During the third quarter of this year, UK economy has grown more than previously thought. The economy had grown by 0.4% instead of the 0.3% estimate.
The new government of the United Kingdom on Friday announced that Andrew Bailey from the Financial Conduct Authority would be the next Governor of the Bank of England.
On Friday, Chinese officials announced that China would import more than $40 billion of agriculture goods from the US, as agreed upon in the Phase 1 of the US-China trade deal.
During Friday's Asian and European trading sessions, global stock indices surged and reached record high levels.
On Friday, ECB officials announced that Eurozone banks are taking almost full advantage of the ECB's deposit facility.
Asian shares remained near an eighteen-month high on Friday, as investors and traders absorb the gains made in December.
On Thursday, the Central Bank of Mexico cut the country's interest rate by 25 basis points. The decision marks the bank's fourth straight cut.
On Friday, the Japanese Finance Minister Taro Aso said that the government has approved $939B budget spending plan for the fiscal year of 2020/2021.
On Thursday, the Prime Minister of the United Kingdom Boris Johnson announced that for some business sectors the government intends to introduce a tax discount.
The US home sharing company Airbnb on Thursday scored a victory in a legal battle to be exempt from European property rules. A top EU court ruled that Airbnb is an online platform not a property agent.
On Thursday, the Wall Street Journal revealed that the Goldman Sachs Group is negotiating with the US government to receive a $2 billion fine for its involvement in Malaysian corruption.
Board Member of the Libra Association Patrick Ellis revealed to Reuters on Thursday that there is no solid plan how to launch the new Facebook's cryptocurrency.
On Thursday, the European Union formally extended by six months the sanctions set against the Russian Federation.
On Thursday, Queen Elizabeth stated that the top priority for the Prime Minister of the United Kingdom Boris Johnson is to get Brexit done on January 31.
During Thursday's US trading session, stock price indices remained almost flat. Some attributed the flat trading to the upcoming publication of US Final GDP.
On Thursday, Wall Street stock indices remained near record high levels, as the US Treasury Secretary Steven Mnuchin announced that a trade deal with China is set to be signed in January.
Data published on Thursday revealed that US weekly jobless claims have dropped from the two year high level reached last week.
On Thursday, General Motors announced the recall of 900,000 brand new vehicles to address issues with brake software.