Airbus signed two mammoth orders for its A320 and A350 aircraft worth $30 billion at Dubai's air show Monday, with Boeing managing only a $1.2 billion sale of its troubled 737 MAX.

German ministers agreed Monday to spend more than one billion euros plugging gaps in its mobile phone networks, whose patchy coverage has been blasted as "embarrassing" for the advanced industrial nation.

Iranian authorities abruptly raised fuel prices by up to 50% and imposed fuel rationing overnight on Friday, leaving many Iranians angered amid an already plunging economy.

Across the capital, Tehran, long lines of cars waited for hours at pumping stations following the changes in energy policy, which state media announced around midnight without any prior warning to the public.

Sprawling 12-brand German car giant Volkswagen said Friday Markus Duesmann would take the helm at high-end subsidiary Audi, also joining the group-wide executive board.

German car giant Volkswagen said Friday it would plough 60 billion euros ($66 billion) by 2024 into its switch to electric, hybrid and connected vehicles, as automakers around the world rev up electrification plans.

U.S. stocks were upbeat at the open on Friday, amid new positive signs that Washington and Beijing are moving towards at least a partial deal to end the lingering trade conflict.

The nationwide strike at General Motors walloped American industry last month, causing the biggest tumble in factory output in a year and a half, the Federal Reserve reported Friday.

Five of the biggest emerging economies railed against protectionism on Thursday as they vowed to overcome "significant challenges" facing multilateralism, in a swipe at U.S. tariffs and unilateral action.

Michael Bloomberg's likely run for the presidency would create a hornet's nest of practical and ethical problems for his company, which as one of the world's biggest news organizations would be thrust into coverage of its owner.

Global economic worries on Thursday caused Wall Street to retreat from record highs following sour economic data from major economies and signs of persistent deadlock in U.S.-China trade talks.