Uber Technologies Inc will stop operating in Colombia at the end of this month, following a court order late last year which the ride-hailing company on Friday called "arbitrary" and a violation of its right to due process.
China’s Geely Automobile Holding is in talks with Aston Martin management and investors about taking a stake in the luxury carmaker, according to a source close to the discussions and a report by the Financial Times, sparking a sharp jump in the British company's share price.
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U.S. job growth slowed in December after surging in the prior month, but the pace of hiring is enough to keep the longest economic expansion in history on track despite a deepening downturn in a manufacturing sector stung by trade disputes.
General Motors Co will revive the Hummer name to sell a new family of electric pickup trucks and sport utility vehicles and will tout the return with a Super Bowl ad featuring NBA star Lebron James, two people briefed on the matter said on Friday.
Alphabet's new Chief Executive Sundar Pichai on Friday gained the opportunity to reshape the leadership of Google's parent with the exit of Chief Legal Officer David Drummond, whose outsized strategic role was overshadowed by employee concerns about his personal relationship with a subordinate.
The dollar fell and global equity markets backed down from fresh highs on Friday on troubling signs of renewed U.S.-Iranian tensions.
The last U.S. employment report of the 2010s out Friday had few surprises, but it wrapped up a decade that featured some notable milestones in a job market that has changed dramatically in the space of 10 years.
U.S. stocks were down slightly in Friday afternoon trading as investors took profits after hitting record highs this week and data showed slower-than-expected December U.S. jobs growth.
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Oil fell below $65 a barrel on Friday in its first weekly loss since late November, erasing the week's risk premium added since a U.S. drone strike killed a top Iranian general as investors focused on rising U.S. inventories and other signs of ample supply.
(Reporting by Ankit Ajmera in Bengaluru; Editing by Shounak Dasgupta)
Boeing Co's biggest supplier, Spirit AeroSystems Holdings Inc , said on Friday it plans to lay off more than 20% of the workforce at its Wichita-Kansas base as it grapples with halted production and uncertainty over when 737 MAX jets will return to service.
The Federal Aviation Administration (FAA) said on Friday it was seeking to fine Boeing Co $5.4 million, alleging it failed to prevent the installation of defective parts on 737 MAX airplanes.
Huawei executive Meng Wanzhou's conduct amounts to fraud under Canadian law and the court need not consider U.S. sanctions law, Canadian federal prosecutors argued in a court filing released on Friday.