Turkey's economy is expected to have severely contracted nearly 12% in the second quarter due to the coronavirus lockdown, a Reuters poll showed on Friday, logging its worst year-over-year performance in more than a decade.
Japanese Prime Minister Shinzo Abe's signature shock-and-awe 'Abenomics' stimulus strategy was already faltering even before Friday's news that he will be stepping down for health reasons.
SoftBank Group Corp said on Friday it planned to slash its exposure to wireless carrier SoftBank Corp to 40.4% from 62.1% now, in a sale worth 1.47 trillion yen ($13.8 billion) at Friday's closing price.
The Philippines' foreign minister said on Friday he would recommend the government terminates deals with Chinese firms blacklisted by the United States for their roles in constructing and militarising artificial South China Sea islands.
Kenya Airways on Friday reported a first-half pretax loss of 14.36 billion shillings ($133 million) as COVID-19 prompted months of suspended travel, slashing its revenue.
European stocks slipped on Friday as investors dumped recent winners including technology and healthcare stocks and bid up banking shares after the U.S. Federal Reserve unveiled its new policy framework.
Amazon.com Inc said on Friday it had ordered 1,800 electric vans from Mercedes-Benz for its European delivery fleet, as part of the online retailer's plans to run a carbon neutral business by 2040.
The owners of Finnish mining firm Terrafame have agreed to invest a further 115 million euros ($136 million) in the firm and restructure its loans to help it launch its battery chemicals plant, the majority owner said on Friday.
French household savings skyrocketed while businesses' profits plunged in the second quarter amid a coronavirus lockdown, the INSEE stats agency said on Friday, confirming the economy contracted 13.8% in the three months through June.
The Indian rupee strengthened to its highest level in nearly six months on Friday morning, helped by foreign inflows into the equity markets and amid a noticeable absence of any dollar buying by the central bank.
(RTTNews) - Avon Rubber Plc. (AVON.L) Friday confirmed an award from the U.S. Department of Defense or DoD of a dual source contract to supply replacement M61 filters for the M50 mask system.
South Africa's rand recovered in early trade on Friday, after suffering losses in the previous session as the U.S. dollar strengthened on the Federal Reserve's new strategy to lift growth and inflation.
Royal Schiphol Group, the operator of airports in the Netherlands, said on Friday it will cut several hundred jobs out of a workforce of 3,000 as a result of a loss of traffic amid the coronavirus pandemic.
Britain's Amigo Holdings reported an 83% fall in first- quarter profit and revenue down 32% as payment holidays granted to customers affected by the coronavirus pandemic and a halt on almost all new lending hammered its returns.
(RTTNews) - Walmart Inc. said it is in talks with Microsoft Corp. for the U.S. business of Chinese video-sharing app TikTok, which is facing a ban by U.S. President Donald Trump.
Gatwick Airport, Britain's no.2 airport, said the pandemic had pushed it to a 321 million pound ($426 million) loss in the first six months of 2020 on passenger numbers which collapsed 66%.
Beijing-backed Asian Infrastructure Investment Bank (AIIB) said on Friday it would lend $100 million to Bangladesh to help the country deal with the COVID-19 pandemic.
Workers at Indonesia's Grasberg gold and copper mine on Friday ended a protest demanding an easing of a coronavirus lockdown at the mine operated by a local unit of Freeport-McMoran Inc, a workers' representative and the company said.
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