Credit ratings agency Standard & Poor’s on Friday retained its AA status with negative outlook for the United Kingdom, citing “significant risk” due to Brexit.
Rising crude prices drove huge profits for US oil industry giants, but key figures in the sector have raised concerns about low investments in exploration and production.
US magazine publisher Time Inc. said Friday it plans to remain independent as it shifts to a “multi-platform media marketplace,” dismissing speculation of a sale or merger.
Major transport networks, schools and banks partially shut down across much of Brazil on Friday in what protesters called a general strike against austerity reforms in Latin America’s biggest country.
Scottish whisky exports returned to growth for the first time in five years in 2016 thanks to a weaker pound after Britain voted for Brexit, official figures showed Friday.
US growth slowed to its lowest level in three years in the first quarter as consumer spending and government expenditures tumbled to their lowest levels in years, the Commerce Department reported Friday.
General Motors reported a jump in first-quarter earnings Friday, topping analysts’ estimates following strong sales in North America.
Greenpeace activists disrupted a Credit Suisse shareholder meeting in Zurich Friday, unfurling a banner to protest the bank’s alleged financing of the controversial Dakota Access pipeline in the United States.
Honda on Friday said annual net profit jumped 79 percent on a reduction in expenses related to a historic airbag recall by its main supplier and robust vehicle sales in the US and China.
Britain’s economic growth slowed in the first quarter to the weakest pace in a year, official data showed Friday, as the country prepares for a general election ahead of its planned exit from the EU.
China’s ride-hailing leader Didi Chuxing is close to finalising a fund-raising deal that would make it the most valuable start-up in Asia with a value of $50 billion, Bloomberg News reported Friday.