Goldman Sachs and Morgan Stanley said on Friday they had received the final regulatory approvals to take majority stakes in their China securities joint ventures, as Beijing continues to open its financial sector to foreigners.
Rolls-Royce will significantly reduce all non-essential activity at its civil aerospace sites in Britain for one week starting from midnight on March 27, due to the coronavirus pandemic, the company said on Friday.
Shares in ProSiebenSat.1 Media rallied by 9per cent on Friday after the abrupt departure of Chief Executive Officer Max Conze ended a drama-filled tenure that unraveled after his deputy denounced a "soap opera" at the German broadcaster.
Money managers rebalancing their portfolios to boost equity exposure into the end of the quarter may support the nascent stock rally that has followed the steep coronavirus-fueled market drop.
Brazil's central bank could soon be forced to fire up the money printing presses if the coronavirus-fueled recession facing Latin America's largest economy is as devastating as some economists fear.
Just one of the world's biggest multi-strategy funds available to retail investors is in the black for the year after coronavirus panic saw markets fall across the board, data from Morningstar showed.
Foreign exchange company Travelex on Friday said it has shut all its UK foreign exchange bureaus for around eight weeks due to the coronavirus outbreak and started discussions with its stakeholders for continued access to funds.
ViacomCBS Inc said on Friday it would withdraw its forecast for the year due to the impact from the ongoing coronavirus pandemic.
India's government had assured e-commerce companies that their operations would not be disrupted amid a nationwide lockdown to fight the coronavirus, but most are facing crippling disruptions after just three days, sources familiar with the matter said on Friday.
Britain's Royal Mail on Friday became the latest company to say the coronavirus had delayed plans for a radical turnaround and also canceled its dividend and suspended financial forecasts for the next year.
