The President and CEO of the Federal Reserve Bank of Dallas Robert Kaplan said on Friday that the US economy needed more fiscal support.
On Friday, the US Dollar fell to a two-week low against a basket of major currencies, as investors and traders focused on the resumption of COVID-19 relief talks.
On Friday, crude oil prices continued to edge higher, buoyed by the prospects for effective coronavirus vaccines.
On Friday, US equity markets edged lower on concerns over fading COVID-19 stimulus deal and the near-term economic damage from the surging coronavirus infections.
Israeli imports from China rose 9.4% in the first ten months of the current year despite the pandemic, a report published by the Central Bureau of Statistics shows.
Industrial production in Brazil expanded for the fifth consecutive month in October, data published by the National Industry Confederation show.
The economy of Macao contracted 63.8% in the third quarter of 2020, compared to the same period the previous year, data published by the Statistics and Census Service show.
Exports from Kenya increased to a record high $4.4B for the January-September period, up from $4.1B for the same period the prior year, the Ministry of Industrialization, Trade and Enterprise Development reports.
Sri Lanka and China signed a $300M investment agreement to construct a tire factory in an industrial zone near the Hambantota International Port in Sri Lanka.
The Portuguese economy contracted 16.3% in the second quarter of 2020, compared to the same period the previous year, the Portuguese National Institute of Statistics reports.
On Friday, Nike announced its plans to raise the quarterly dividend by as much as 12%, which is 3 cents for a share, signalling the company's financial strength during the COVID-19 pandemic.
On Friday, Daimler and Geely Holding stated they were considering China as their production and export hub for the hybrid powertrains jointly manufactured for Mercedes-Benz and Volvo cars.
Britain and the European Union are reaching the progress in Brexit talks, the EU CEO Ursula von der Leyen stated on Friday.
During Friday's European trading hours, stock indices moved higher, as gains in retail and commodity sectors pushed the market up.
On Friday, Astanor Ventures stated it had attracted a $325M fund, as it plans to invest in ocean, sustainable food and agriculture technology start-ups.
Germany's fashion e-tailer Zalando is expecting growth accelerating in 2021 after it struggled to meet a rise in demand during the pandemic's early stages, according to the CFO David Schroeder's statement.
On Friday, Hungary's Prime Minister stated that a dispute on the EU's recovery budget and fund would be resolved eventually, as Poland expected to demand a "compromise" regarding the deal.
Iliad, the French telecoms company, is open to a potential mobile network-sharing deal with Orange to reduce the 5G technology's deployment costs, its CEO stated.
Amazon France announced it had would delay the "Black Friday" shopping sales in the country to December 4, joining the list of other retailers who were postponing the event due to a nationwide lockdown.
ABB's Dodge, the clutch and transmission producer, had attracted interest from industry buyers ahead of the Swiss engineering form's announcement it was withdrawing from the business, Reuters reported.
BuzzFeed announced on Thursday it had acquired news website HuffPost previously owned by Verizon Communications, not disclosing the financial terms of the deal.
Apple and Verizon Communications launched a programme in which Verizon is set to subsidise the corporate customers' smartphones replacement with Apple's iPhone 12 model range.
Mike Ashley's Frasers increased stake in Mulberry to almost 37% and could make a bid for the UK luxury brand, it stated on Thursday.
UK's Vodafone Group and Japan's Sumitomo Corp are set to collaborate on digital services and international technology infrastructure projects, the companies stated.