Charles Evans, the Chicago Federal Reserve President, stated that two further rate hikes in 2018 by the US Central Bank would not be surprising, given the strong state of the economy.
The US business inventories increased solidly in the month of July, boosted by a stronger than initially estimated rise in the motor vehicles stock, the Commerce Department stated.
The US retail sales revealed the smallest gain in the six-month period in August, as consumers diminished purchases on clothing and motor vehicles, the report showed.
The US import prices showed their biggest decline in more than a year and a half in August, due to falls in the fuels' cost and a range of other goods.
The US industrial production increased in August, as solid output in car manufacturing offset lacklustre production in the remaining part of the factory sector.
Volkswagen announced it would halt production of the Beetle compact car next year, as the carmaker seeks for a leap towards the future of e-cars.
On Friday, Santander UK stated it would establish a new $200M worth technology hub in Milton Keynes, England that should house more than 5K staff.
On Friday, the German carmaker Volkswagen has launched talks with other companies over introducing the common standards for a self-driving car technology, according to Automotive News.
The British opposition Labour Party will vote against the Prime Minister Theresa May's Brexit deal, party's senior lawmaker said to the Financial Times.
America Movil, the Mexican telecommunications firm, reduced its stake in the Dutch telecoms group KPN to slightly over 16%, according the AFM financial regulator.
Venezuela's leader Nicolas Maduro is set to meet the Chinese President Xi Jinping this Friday during his visit to Beijing, China's ministry spokesman stated.
Ukrainian authorities on Friday revealed that the country's representatives are in talks with the IMF about a new deal that would replace the country's current assistance program.
Data on Friday revealed that the European Union's labor costs have risen at their fastest rate during the last six years.
Tivit Terceirização de Processos, Serviços e Tecnologia, the Brazil IT provider, is planning to resume its initial public offering that had been scrapped in September 2017.
On Friday, Close Brothers Group stated that Sweden's Klarna Bank had agreed to acquire its retail finance unit, not disclosing the value of the deal.
The German retailer Metro is planning a sale of its Real hypermarkets, as the company aims to focus on the wholesale business, it stated on Thursday.
Takeda Pharmaceutical stated on Friday it had received an approval from China's regulator for its $62B acquisition of Shire, paving the way for the Japanese company to become a global top ten drugmaker.
On Friday, the exchange operator Nasdaq announced its planned acquisition of Cinnober, Sweden's financial technology provider, in a deal valued at about $190M.
The President of France Emmanuel Macron On Thursday announced a $9B anti-poverty plan, which includes better education, school breakfasts, mandatory job training underage school leavers and other measures.
The Turkish Lira continued to appreciate against the US Dollar on Friday morning, a day after the country's central bank announced rate hike by record 625 basis points.
Crude oil prices surged by 18 cents or 0.2% on Friday morning, reaching $68.76 a barrel, amid continuous concerns about trade war between the United Stated, China and other emerging economies.
The Prime Minister of Japan Shinzo Abe welcomed on Friday Vladimir Putin's initiative, yet once again noted that the dispute around four Kuril Islands must be resolved before a peace agreement can be signed.
The founder of Amazon.com Jeff Bezos promised on Thursday to allocate $2B to help homeless families and build pre-schools in low-income neighborhoods.
The Prime Mister of Japan Shinzo Abe stated on Friday that he expects that ultra-easy policy of the central bank would not continue forever, leaving the decision on the exact timing to governor Kuroda.