 | | | | Wall Street rose on Friday with the S&P 500 and Nasdaq posting their biggest weekly percentage gains in nearly 7 years after the U.S. Federal Reserve hinted at a more dovish approach to future interest rate hikes on Wednesday and investors hoped for progress in the U.S.-China trade dispute at a G20 summit. | | | | | | A U.S. judge in California has granted preliminary approval to a $48 million settlement for investors who said Volkswagen AG made false and misleading statements over its excess diesel emissions. | | | | | | United Continental Holdings is close to partnering with Latin American carrier Avianca Holdings SA , as the U.S. airline company agrees to pay off debt owed to a hedge fund, the Wall Street Journal reported on Friday. | | | | | | Chinese President Xi Jinping and the leaders of major developing economies condemned protectionism at a G20 summit in Argentina on Friday overshadowed by U.S. President Donald Trump's threat to escalate tariffs on China. | | | | | | Thousands of demonstrators gathered in Buenos Aires on Friday to march against the G20's economic policies as the world's leading industrialized nations opened their annual summit in the Argentine capital. | | | | | | The United States, Canada and Mexico signed a North American trade pact on Friday, and President Donald Trump brushed aside difficulties he may have in getting the deal through U.S. Congress, where opposition Democrats will control one of its two chambers. | | | | | | Oil prices retreated on Friday amid a global glut, racking up a 20 percent drop for November, while most major equity markets kept moves tight ahead of weekend talks between U.S. President Donald Trump and Chinese leader Xi Jinping. | | | | | | Oil prices edged lower on Friday due to concerns of oversupply and a strong dollar but losses were limited by expectations that the Organization of the Petroleum Exporting Countries (OPEC) and Russia would agree some form of production cut next week. | | | | | | U.S. President Donald Trump said on Friday "something could very well come out" of his meeting on trade with Chinese President Xi Jinping on the sidelines of a Group of 20 summit in Buenos Aires, a Voice of America reporter said on Twitter. | | | | | | The United States has filed criminal charges against British entrepreneur Mike Lynch over the $11 billion sale of Autonomy to Hewlett-Packard seven years ago, accusing him of making false statements that inflated the value of the software group. | | | | | | General Motors Co Chief Executive Mary Barra plans to visit Capitol Hill next week to discuss its plans to halt production at five plants in North America next year and cut up to 15,000 jobs, two congressional aides said on Friday. | | | | | |
