On Friday, the Dow Jones Industrial fell by 0.30% at the open, while the S&P 500 declined by 4.56 points, as investors awaited a news conference on US-China relations from President Donald Trump.
On Friday, Uber Technologies announced it would launch booking options for hourly rides in some US cities, aiming to help Americans with their essential trips amid the coronavirus pandemic.
The German automaker Volkswagen has become the largest shareholder of Guoxuan High-Tech, the Chinese electric car battery maker, owning a 26.5% stake, according to Guoxuan's stock exchange filings.
Amazon.com is likely to offer permanent roles to around 70% of its new US workforce the company has hired temporarily in order to meet the rising consumer demand during the lockdowns caused by the coronavirus pandemic.
Geely Automobile Holdings has raised $836M from a share sale as the Chinese carmaker seeks to replenish its coffers with the intention to finance the world's biggest auto market growth.
The German automaker Volkswagen is set to have full control of China's JAC-VW joint venture's management, the carmaker's Chinese CEO stated on Friday.
On Friday, China's ride-hailing firm Didi Chuxing stated it had finalised a fundraising round worth more than $500M for its self-driving subsidiary.
On Friday, Renault announced it had entered talks with unions about restructuring several car factories located in France, potentially leading to shutdowns, as the carmaker confirmed plans to slash about 15K jobs worldwide.
Nordstrom, the luxury department store chain, posted a nearly 40% drop in its quarterly sales, tumbled by its stores closure amid the coronavirus outbreak.
ViacomCBS is slashing up to 400 roles across CBS, seeking to save $700M from the company's merger with CBS, according to Reuters.
Dell Technologies topped analysts' expectations for its quarterly revenue, driven by its workstations demand, as many firms moved their employees to remote work due to the COVID-19 outbreak.
The US network gear maker Cisco Systems is set to acquire ThousandEyes, the privately-owned software maker, in a deal worth nearly $1B, according to Bloomberg.
On Thursday, Salesforce.com trimmed its annual revenue outlook due to the negative impact of the coronavirus pandemic, sending its shares down 3%.
American Airlines Group, Delta Air Lines and United Airlines Holdings rolled out new programmes, encouraging their employees to accept early retirement or voluntary leave to avoid staff layoffs this fall, as the carriers were hit by the coronavirus crisis.
General Electric warned that free cash flow is likely to be negative in 2020, due to the weakness in power and aviation units amid the coronavirus outbreak.
EV maker Nio's CEO stated that it may list new Nio China entity, as the company saw a rebound after weaker sales during the coronavirus outbreak.
China's Geely Automobile Holdings launched an up to $859M placement of 600M new shares, Reuters reported.
The number of people in France seeking for jobs jumped 22.6% in April to a record high, as coronavirus lockdown affected the economy.
France's carmaker Renault said that losses at its partner Nissan, in which it has a 43% stake, are likely to drag on its net earnings by €3.6B in the Q1.
Spanish retail sales declined 31.6% year-on-year in April, following 14.2% fall in March, the INE reported.
UK's easyJet is planning to slash up to 4,5K job positions, while also shrink its fleet, seeking to remain competitive after the coronavirus crisis.
On Thursday, Dollar Tree Inc posted a 7% jump in its Q1 same-store sales, as the company benefited from higher demand for groceries and other products amid the coronavirus crisis.
Alphabet Inc's Google is considering to buy a stake in Vodafone Group's struggling Indian business, Vodafone Idea, according to the Financial Times report seen on Thursday.
On Thursday, Tencent Holdings, China's gaming and social media giant, announced it had raised $6B in a US dollar bond sale, the biggest Asian debt deal in 2020.