The S&P 500 rose on Friday, extending a six-day rally led by technology stocks as the prospect of super-low interest rates for a prolonged period and bets on a medical solution to the COVID-19 pandemic spurred risk appetite.
Boeing Co said on Friday that some airlines operating its 787 Dreamliners have removed eight jets from service after the planemaker identified two distinct manufacturing issues in the fuselage section.
Belarusian miner Belaruskali, the world's largest producer of potash, said on Friday its output this month would not be affected by industrial action, after some of its workers joined large-scale protests over the country's disputed election.
A rancher in Brazil sought to ensure none of his cattle come from breeders working illegally cleared rainforest. His effort was entangled by snags that have long hindered order in the Amazon – from lax land registries to weak law enforcement to the opaque workings of Brazil’s beef business.
Air China and China Southern Airlines on Friday reported narrower losses in the second quarter, as domestic travel demand slowly picked up from COVID paralysis, but low fares took a toll on revenue.
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China's Jiangxi Copper Co posted a 5% rise in second-quarter net profit as higher production and a strong rally in copper and gold prices cushioned a coronavirus-hit first half.
Boeing Co called on airlines to pull eight 787 Dreamliners from service, after the planemaker found a manufacturing issue in the jet's structure, The Air Current reported on Friday.
El Al Airlines will on Monday fly Israel's first flight to the United Arab Emirates by a commercial carrier, a timetable on the Israel Airports Authority's website showed, as the countries forge ahead with a deal to normalise ties.
More than 100 British lawmakers have joined forces with trade union Unite to urge the government to provide extra state support to airlines and airports as travel slumps due to the coronavirus pandemic and job losses increase.
Vietnam's budget carrier Vietjet Air is seeking to raise 2.6 trillion dong ($112.19 million) through issue of domestic bonds this year, the airline said on Friday.
South African retailer Steinhoff International Holdings on Friday reported a 6% decline in sales for the nine-months to June 30, due to COVID-19-related trading restrictions imposed worldwide.
China's Ministry of Agriculture and Rural Affairs issued new rules on Friday to standardize the production and use of diagnostic kits for African swine fever as it tries to improve its control of a disease that has devastated its hog herd.
Taiwan paved the way for an eventual free trade deal with the United States on Friday by announcing an easing of restrictions on the import of U.S. beef and pork, as the island looks to boost ties with Washington at a time of tensions with China.
Kenya Airways on Friday reported a first-half pretax loss of 14.36 billion shillings ($133 million) as COVID-19 prompted months of suspended travel, slashing its revenue.
Asian currencies edged up on Friday as investors bet that the U.S. Federal Reserve's new strategy to lift inflation and spur growth will keep its interest rates lower for longer, supporting rate differentials with the region's higher-yielding emerging markets.
Australia's Orocobre Ltd said on Friday it will raise A$156 million ($113.35 million) to fund the progress of its Argentinian lithium project and reported an annual loss.
China has suspended imports of beef from Australian firm John Dee Warwick after it detected a banned substance in some of the company's products, the country's customs administration said.
Air Canada is planning a voluntary COVID-19 test trial for passengers arriving at the country's largest airport to help persuade the federal government to end stringent quarantine rules that have crippled air travel, a Raymond James analyst said in a note.
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