BUSINESS

The owner of the Model 3 claimed that the EV resembled a "drunk novice driver" when in autopilot mode.

Wall Street's main indexes slipped on Friday as the latest monthly jobs report signaled resilience in the U.S.

Haruhiko Kuroda built a career battling a strong yen and the Bank of Japan governor is unlikely to change course in his final year at the helm, eight sources said, despite political pressure to acknowledge that the weak currency is now a problem.

Russian steelmaker Evraz, whose biggest shareholder is sanctioned billionaire Roman Abramovich, on Friday scrapped plans to separate its coal assets, citing sanctions on Moscow following its invasion of Ukraine.

The daughter of Inditex's billionaire founder takes the helm of his Zara fashion empire on Friday with a more hands-on role than originally expected by outsiders, though a much lower salary than her veteran predecessor.

Financial investors including KKR and EQT are considering offers for a stake in listed German laboratory supplier Stratec, sources familiar with the matter told Reuters on Friday.

Jaden Smith is worth $8 million, while his sister Willow has a $6 million net worth.

On the outskirts of the eastern Venezuelan port town of Guanta, hundreds of trucks line up everyday to unload tons of scrap metal, part of the government's attempt to turn waste into a source of foreign currency.

The surge has been fuelled by a 44.7-percent hike in energy prices over the year as Europe found itself caught in an oil and gas crunch due to tensions with Russia over its invasion of Ukraine.

Will Smith’s wife, Jada Pinkett Smith, has a net worth of $50 million.

Spain's Santander on Friday said it was on track to meet its 2022 profitability target and maintained its mid-term goals thanks to solid performance in the Americas and a recovery in Europe.

Metaverse builders grapple with sex harassment conundrum

Famed French fashion photographer Patrick Demarchelier dies

Germany to face Spain at World Cup as draw pairs Iran and USA

Russian gas flowed into Europe on Friday, while European gas prices continued to rise, as firms grappled with President Vladimir Putin's threat to cut off supplies unless they paid in roubles.

Euro zone inflation surged to 7.5% in March, hitting another record high with months still left before it is set to peak, raising pressure on the European Central Bank to rein in runaway prices even as growth slows sharply.

Banks should beware of fake news that could trigger a run on their deposits, the European Union's banking watchdog said in a warning on Friday about potential fallout from the war in Ukraine.

French catering and food services company Sodexo lowered its annual revenue growth outlook on Friday citing the pandemic, the Ukraine conflict and the closure of COVID-19 testing centres it ran in the United Kingdom.

French catering and food services group Sodexo on Friday lowered expectations for full-year organic revenue growth, citing the coronavirus pandemic, the Ukraine conflict and closure of COVID-19 testing centres in the United Kingdom.

Polish pushbacks to Belarus go on as Ukrainians welcomed

Sanofi plans to list its drug ingredients subsidiary EUROAPI on May 6, saying the business is set to grow and improve its profitability as a separate business.

China's COVID-19 curbs are disrupting the supply of fertiliser to the country's northeastern bread basket just a month away from spring planting, threatening this year's corn and soybean crops if not resolved soon.

Disaster tourism: blackouts, shortages hit Sri Lanka recovery hopes

UPS said on Friday it was trying out a four-wheeled "eQuad" electric cargo bike for deliveries in densely packed urban areas, where bikes have better and easier access, to complement its push into electric vehicles.

Australia's central bank will end its longest easing cycle on record by the end of the third quarter, according to a Reuters poll in which a growing minority of economists expected a rate hike just weeks after a federal election in May.

China's factory output at lowest in two years: Caixin PMI

The Hong Kong stock exchange suspended from trade on Friday the shares of Chinese developers such as Sunac China, Shimao Group and Kaisa Group, and about 30 other firms for a delay in declaring annual results.

Traders are pointing to a massive quarterly options trade on Thursday they said was from a JPMorgan fund as one reason why the stock market took a nosedive late in the day, as options flows linked to the trade exacerbated market weakness.

Asia deal volume tumbled in the first quarter and dealmakers do not expect a near-term rebound as the Russia-Ukraine war, higher interest rates and economic uncertainty hurt business sentiment.