Tesla Inc has signed an agreement with a Chinese lender for the $565.51M working capital loan for the electric carmaker's Shanghai factory, a regulatory filing showed.
Microsoft Corp announced its plans to build the first data centre region based in Italy, investing a $1.5B in the project, amid the US tech giant's expansion plan of cloud computing services across the world.
Apple Inc is planning to reopen some of its stores in four US states next week after the iPhone maker closed all stores in the country two months ago due to the coronavirus outbreak.
Delta Air Lines revealed on Friday that the company would suspend service to ten US based airports.
During late Friday trading hours, US stock indices surged, despite the biggest historic monthly job loss being announced.
On Friday, the President of Mexico Andres Manuel Lopez Obrador stated that next week he would present an economy restart plan.
The Canadian economy lost a record 2M jobs in April, and the unemployment rate soared to a near-record level at 13%, the Statistics Canada reported on Friday.
According to a US court filing, the US Department of Justice and the CFTC were investigating Scotiabank's activities and trading practices in the metals markets.
The US Labor Department reported on Friday that the US economy lost 20.5M jobs in April and the unemployment rate soared to 14.7%.
Australia would relax the social distancing rules in a three-phase process, the Australian Prime Minister Scott Morrison announced on Friday.
Thailand's consumer confidence index declined to the lowest level in 22 months in April amid the coronavirus outbreak, official data show.
The Japanese household spending dropped 6.0% in March, compared to the same period the prior year, the Ministry of Internal Affairs and Communications reports.
Moody's Investors Service revised India's economic growth forecast to 0% for the fiscal year 2021, data published by the company show.
Europe should follow a coordinated fiscal response towards combating the coronavirus crisis, the President of the European Central Bank Christine Lagarde says.
German exports declined by 11.8% to a total of €108.9B in March, the largest decline since August 1990, the Federal Statistical Office reports.
The unemployment rate in Canada increased to 13% after 2M people lost jobs in April, a statement published by the Statistics Canada shows.
Facebook is set to allow its employees to work remotely until the current year's end as the coronavirus outbreak forces countries to extend lockdowns to fight the COVID-19 spread.
On Friday, Sony Corp announced it would produce medical face shields and donate them to the Japanese hospitals due to worries about the protective equipment availability for healthcare workers, who are dealing with the COVID-19 pandemic.
Tesla Inc is planning to reopen its Fremont car plant as soon as this Friday, according to a Bloomberg report, following California's decision to ease lockdown rules for state manufacturers.
The US economy is likely to hit record-high of 22M job losses in April since their sharpest drop since the Great Depression, marking the devastating impact the coronavirus outbreak is having on the world's largest economy.
During Asian and European trading hours on Friday, global stock indices surged. The surge was attributed to various factors by various financial media outlets.
On Friday, Apple's supplier Sharp Corp has almost halved its full-year profit outlook by 48%, blaming weak demand for tech devices due to the coronavirus crisis.
On Friday, Siemens stated it eas expecting even bigger hit coming from the coronavirus crisis as it withdrew its full-year guidance and reported an 18% plunge in the Q2 industrial profit.
Macy's Inc, the department store chain, has postponed its Q1 earning results until July 1 due to business disruptions caused by the coronavirus crisis.