Based on the incoming data, the IMF plans to lower the 2020 global economic growth projections in the outlook to be released on June 24.
On Sunday, Australia's officials announced to lighten quarantine measures regarding public gatherings from July.
AT&T was discussing its Warner Bros. gaming division's sale in a deal, which could fetch about $4B, CNBC reported.
State investigators in Washington and California were examining Amazon's business practices over selling own products in the competition with third side vendors.
Britain's Cineworld Group stated that it abandoned $1.65B deal to buy Cineplex, citing what it termed the company's breaches in the merger agreement.
American Express joint venture got an approval from the Chinese Central Bank for network clearing license allowing to launch operations in China.
American Airlines announced on Friday that the company expects its cash burn to end by the end of the year.
On Friday, the University of Michigan published its consumer sentiment index, which had surged to 78.9 from 72.3 in May.
Volkswagen representatives stated on Friday that Volkswagen and Audi production in Mexico would remain closed.
The Mexican government revealed on Friday that 344,500 formal workplaces were lost in May.
The Pakistani government announced on Friday that it targets 2.1% GDP growth in 2020.
On Friday, EU officials announced that they wold ease the rules for receiving a bail out for smaller firms and start-ups.
On Friday, the Richmond Federal Reserve Bank President Thomas Barkin stated that fiscal support to the US economy would be required, if high unemployment persisted.
The head of the Federal Reserve Jerome Powell revealed on Friday that he would focus on a return to a strong labor market instead of the stock market.
On Friday, Reuters revealed that the European Union authorities would crack down on firms that used state subsidies to buy up EU based companies.
The Federal Reserve revealed on Friday that the data about small business failures shows that a large portion of enterprises could go bankrupt.
Data published on Friday revealed that US consumer confidence grew in June, as the growth of unemployment slowed down.
On Friday, the US Oil Fund received the permission to offer new shares. The fund intends to issue one billion new shares.
Reuters revealed on Friday that the US and Brazil are in talks to buy 5G gear from Nokia and Ericsson.
On Friday, the bankrupt US car rental company Hertz announced that it would issue shares valued at $1 billion.
Despite the recent sell-off, Robinhood user favourite stocks surged during Friday's trading, as the retail sector began a buying spree.
On Friday, US stock indices dropped, as fears of a second coronavirus wave caused by recent riots took over the markets.
During European trading hours, the week's trading was ended with a minor surge, as heavy losses were suffered throughout the week.
On Friday, crude oil price benchmarks ended the week with a weekly decline and the breaking of an ascending streak.