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World shares rose to record highs on Friday, buoyed by Chinese data that suggested the world's second-biggest economy was stabilizing.

Renault said on Friday it expected a slight decline in the car market in Europe, Russia and China this year after the French carmaker reported a 3.4% fall of worldwide sales in 2019 as China and Iran weighed.

Bayer is close to settling more than 75,000 cancer claims related to its Roundup herbicide, mediator Ken Feinberg told Bloomberg in an interview, saying he was "cautiously optimistic" a deal could be reached in about a month.

Reports from Netflix, Intel and Texas Instruments next week may hint at what is to come in the December quarterly earnings season, with some investors wary of possible danger signs that could knock Wall Street after its latest surge to record highs.

Morgan Stanley said on Friday that its board lowered Chief Executive Officer James Gorman's total compensation for 2019 to $27 million, from $29 million in 2018, according to regulatory filings.

Extraditing Huawei Chief Financial Officer Meng Wanzhou to the United States based on American sanctions against Iran would set a dangerous precedent and could even undermine Canada's policy towards Iran, Meng's lawyers argued in court documents released on Friday.

Wall Street may be getting a bit too excited about the stock market's hot start to the new year.

Wall Street climbed to record highs on Friday, with major indexes turning in their strongest weekly gains since August, after strong U.S. housing data and signs of resilience in the Chinese economy raised hopes of a rebound in global growth.

Wall Street edged up to record highs on Friday after strong U.S. housing data and signs of resilience in the Chinese economy raised hopes of a rebound in global growth.

Key world equity indexes scaled new highs on Friday as a surge in U.S. housing starts to levels last seen in 2006 powered stocks while the greenback rose to a one-week high against the euro on expectations of solid economic growth.

Wall Street may be getting a bit too excited about the stock market's hot start to the new year.

Companies including Amazon, Nike, Warby Parker and Marriott express disappointment after Tennessee Gov. Lee's announcement he will sign an anti-LGBTQ adoption bill into law.

Boeing Co said on Friday it is addressing a new software issue discovered in Iowa last weekend during a technical review of the proposed update to the grounded Boeing 737 MAX, a development that could further delay the plane's return to service.

U.S. television streaming company Netflix has opened a new Paris office and plans to develop more than 20 original French-language productions in 2020, it said on Friday.

Toyota Motor Corp said on Friday it had invested an additional $700 million and added 150 new jobs to complete a $1.3 billion modernization program at its Princeton, Indiana factory.