 | | | | Argentina's battered bonds and currency were driven still lower on Friday amid downgrades by three credit ratings agencies and a new central bank policy that some private economists said hinted at a return to capital controls. | | | | | | The executive board of the International Monetary Fund will meet for an "informal information session" on Friday to discuss recent events in Argentina, an IMF spokesman said. | | | | | | The account of Twitter Inc Chief Executive Jack Dorsey was hacked on Friday afternoon, sending public tweets and retweets including racial slurs and curse words to 4 million followers. | | | | | | Hopes for a thaw in the U.S.-China trade war helped a gauge of global stocks rise on Friday despite a tepid performance on Wall Street, though caution over pending American tariffs on Chinese goods put the yuan on track for its biggest monthly decline in 25 years. | | | | | | Wall Street ended the week with a lackluster session on Friday as investors were cautious ahead of a holiday weekend in which a fresh round of U.S. tariffs on Chinese imports were due to be levied. | | | | | | Volkswagen AG must forfeit greenhouse gas emissions credits and is lowering the fuel economy ratings on 98,000 vehicles after the U.S. Environmental Protection Agency said auto software overstated real-world performance. | | | | | | Oil futures fell on Friday, with U.S. crude down nearly 3% ahead of a hurricane near the Florida coast that could dampen demand, but prices were still headed for the biggest weekly increase since early July, boosted by an easing of U.S.-China trade rhetoric. | | | | | | Airbus SE on Friday pulled out of a multibillion-dollar competition to supply Canada with 88 new fighter jets, a decision that boosts the chances of rival Lockheed Martin Corp . | | | | | | Activist hedge fund Jana Partners on Friday disclosed a large new stake in Outback Steakhouse owner Bloomin' Brands Inc , returning for the second time in nearly two years to push for fresh changes after reaching a settlement in 2018. | | | | | | General Motors has cut about 350 jobs from its Thai subsidiary's operations, a labor representative said on Friday, slashing more than 15% of the workforce for the U.S. automaker that has two factories in Thailand. | | | | | | Most of a highly toxic chemical stored at a fire-damaged Philadelphia oil refinery has been rendered inert, clearing the way for closer inspections of the site following a June blaze that led to the plant's closure, officials said on Friday. | | | | | |
