A much-better-than-expected reading on recent levels of activity in the euro area services sector, alongside an agreement overnight to help improve the sustainability of Greece's mountain of sovereign debt, forced traders to take profits on their 'short' positions heading into the weekend.
Wall Street's main market gauges were trading on a mixed note on Friday, with investors doing their best to set aside their concerns about the trade spat between the US and China, but seemingly encountering some resistance from the White House.
Donald Trump has threatened to increase trade barriers on European cars after the European Union introduced tariffs on £2. 4bn worth of US goods.
The Organisation of Petroleum Exporting Countries and Russia have agreed on a 1. 0m barrel a day increase in their combined level of output following a last-minute compromise with those producers that were opposed to a deal.
Luxury car-maker Aston Martin intends to hand millions of pounds to wealthy customers through a London listing expected to value the company at up to £5bn, according to reports on Friday.
European aviation giant Airbus warned overnight that it could leave Britain if the country exits the European Union in 2019 without a transition deal.
Athens has managed to clinch a deal with its creditors to ease the burden from the country massive debt pile, in what some observers are hailing as a "landmark" deal which it is hoped will pave the way for the country's long-term economic success.
Australia and New Zealand Banking Group announced on Friday that it would increase its current on-market share buy-back, which started on 15 January, by a further AUD 1. 5bn (£0. 84bn) to a total of AUD 3bn.
Wall Street finished Thursday as red as it opened, as simmering tensions between the US and China remained firmly on investors' minds.
Car maker Tesla sued a former employee for hacking and sharing company trade secrets and confidential information.
European stocks finished at their session lows as global trade concerns began to bite and as some of the new Italian government's moves triggered selling across the euro area periphery.
US investment bank giant Goldman Sachs is exploring the possibility of expanding the cryptocurrency trades that it currently handles, according to chief operating officer David Solomon.
The US Supreme Court opened the door for states to collect sales taxes on products purchased by residents from Internet retailers in other states on Thursday.
German automotive giant Daimler told investors to expect lower earnings this year due to escalating tensions between the US and China.
House prices in the US edged higher in April led by gains in the North East and in the West.
Web. com Group, a provider of internet services and online marketing solutions, has agreed to be bought by an affiliate of Siris Capital Group in an all-cash deal valued at around $2bn.
Wall Street trading kicked off with across-the-board losses on Thursday as simmering tensions between the US and China remained firmly on investors' minds.
Shares of internet giant Amazon. com are lower after the Supreme Court of the United States ruled that state governments can require the online collection of sales taxes.
US technology giant Intel announced on Thursday that chief executive Brian Krzanich was standing down from his post, effective immediately.
The number of Americans filing for unemployment benefits fell to a six-week low last week, according to data from the Labor Department on Thursday.