Stocks fell sharply on Thursday as U.S.-China trade worries persisted with more companies suspending business with Chinese telecom giant Huawei.Marketsread more
The yield on the 10-year Treasury note fell to its lowest level since 2017 as more traders grew confident in a longer U.S.-China conflict.Bondsread more
A Ministry of Commerce spokesperson does not single out any U.S. action, but it's been a tense couple of weeks for the trade war.World Politicsread more
"For them to say that they don't work with the Chinese government is false," Secretary of State Mike Pompeo tells CNBC.Politicsread more
Facebook has stopped paying commission to staff for selling political advertisements on its platform, The Wall Street Journal reported.Technologyread more
Oil prices dropped on Thursday, extending falls from the previous session amid surging U.S. crude inventories as low refinery runs and ongoing trade tensions weighed on the...Energy Commoditiesread more
U.S. manufacturer growth hit new lows in May, the latest sign that the economic slowdown accelerated amid the ongoing trade war.Economyread more
Wall Street is under pressure, but a handful of stocks are breaking out to new highs. McDonald's, Waste Management, Hershey, Visa and Costco have notched records this month,...Trading Nationread more
No timetable has been set on returning the money to outside investors in Tepper's Appaloosa Management, source says.Hedge Fundsread more
Huawei is winning over more and more Apple fans in China as the escalated trade tensions stoked "nationalist sentiment," according to South China Morning Post.Marketsread more
Celebrity chef Mario Batali is being charged with indecent assault and battery, more than a year after admitting to sexual misconduct.Restaurantsread more
European markets ended mixed on Friday after the latest U.S. jobs report showed far higher-than-expected growth in employment.
The pan-European STOXX Europe 600 index closed around 0.3 higher after the news, having traded lower for much of the session ahead of the data. London's FTSE closed around 0.2 percent lower and the French CAC ended flat. Germany's DAX outperformed peers to close almost 1 percent higher.
The U.S. nonfarm payrolls data showed that 271,000 jobs were created in October, rather than the 180,000 indicated by a Reuters poll of economists. The unemployment rate fell to 5.0 percent, slightly down on September's 5.1 percent figure.
U.S. stocks were range bound on Friday after a the jobs report increased confidence in the likelihood of a December rate hike from the U.S. Federal Reserve.
Earnings were also in focus in Europe. On Friday, German insurer Allianz posted a larger than expected 15 percent decline in net profit in the third quarter. Shares of the insurer closed around 1 percent.
One of the worst performers on the STOXX 600 was Richemont, which ended around 5.6 percent lower. The Cartier owner said it expected a challenging time in the second half of the fiscal year, after net profit in the first half to September grew less than expected.
In non-earnings corporate news, shares of Swiss agribusiness Syngenta closed around 4 percent higher after the Wall Street Journal reported that a merger with DuPont's agricultural division was under discussion.