The Swiss bank UBS announced on Friday that it will stick to the dividend proposed in 2018 by the bank's CEO. The dividend will be paid despite the recently received penalty of 4.5 billion EUR from French authorities.
On Friday, JPMorgan Chase announced that the bank is moving its employees from current offices to "hot desks." Hot desk are a new space saving office layout.
The President of the French Republic is set to meet with the Chancellor of Germany on February 27. The two leaders are planning to discuss Brexit, defence and the United States.
By the middle of Friday's London session global stock market indices continued to gain. Financial media attributed the surge to a progress on trade.
On Friday, the spokeswoman of the UK Prime Minister Theresa May announced that the work on Brexit deal changes is continuing at "a pace".
Reuters announced on Friday that investors are scaling back on bets that the US Dollar will decline. The reason for the change was a Federal Reserve announcement that the US Dollar interest rate will have a premium above other rates.
On Friday, the Vietnamese airline company VietJet Aviation announced that intends to sing a major deal with Boeing during the sidelines of the upcoming Trump-Kim summit.
On Thursday, Saudi Aramco signed with Chinese Norinco an agreement presupposing creation of a joint venture for construction of a petrochemical and refining complexes in the city of Panjin.
The Financial Action Task Force (FATF) stated on Friday that the Iranian government had time until July to improve its anti-money laundering laws, otherwise it would face more intense international scrutiny.
The European Union's Brexit Negotiator Michel Barnier stated on Friday that postponement of Britain's exit from the EU could not be ruled out.
The Сhina's Foreign Ministry stated on Friday that it would welcome the UK Finance Minister Philip Hammond's visit despite deployment of the British naval vessel in the Pacific.
The Trade Minister of Australia Simon Birmingham stated on Friday problems with coal exports to China were caused by import quotas rather that pure bans.
The Reserve Bank of Australia Governor Philip Lowe stated on Friday that China's ban on the county's coal imports to the port of Dalian would not have a big impact on the economy.
France's Consumer Prices Index decreased 0.4% in January from the previous month amid a fall in manufacturing costs, the INSEE reported.
Sales in Japan's department stores went down 2.9% to $4.45B in January compared to the preceding year, the country's Department Stores Association stated.
Germany's inflation rate decreased to 1.4% in the month of January this year, compared to 0.8% rate in the prior month, according to preliminary figures by Destatis.
Home improvement market revealed dropping sales last month, which fell 9.46% to $9.2B, as the country's real estate transactions slowed, the CBMCA stated.
On Thursday, UK's Labour Party leader Jeremy Corbyn said that the British Prime Minister Theresa May must seek customs union with the European Union if she wants to unlock Brexit.
Huawei Chairman said on Thursday that the company is committed to make further investment in Canada, despite the arrest of the company's CFO Meng Wanzhou.
According to Britain and EU Diplomats, the European Union and the United Kingdom are moving closer to a Brexit legal compromise agreement.
US shares dipped on Thursday, weighed down by weak economic data and a decline in the US healthcare stocks.
On Thursday, the White House put out a statement that the US President Donald Trump's administration has ended discussions with California on auto emissions rules.
On Thursday, India's government Minister reiterated the country's plan to stop sharing excess water with Pakistan.
On Thursday, the US Senator Bernie Sanders rebuked Catalyst Pharmaceuticals Inc for its higher drug prices.