German Chancellor Angela Merkel thanked ECB President Mario Draghi for spelling out to leaders at an EU summit that governments must play a role in boosting the faltering euro zone economy, and said it was their firm intention to do so.
Regions
Japan's party animals closer to dancing the night away
Japan's cabinet approved changes on Friday to a 66-year-old law that bans late-night dancing in clubs, a decision that will help businesses cash in on an expected influx of tourists ahead of the 2020 Tokyo Olympics.
China to offer $82 million in fourth round of Ebola aid
China said on Friday it would donate 500 million yuan ($82 million) to Liberia, Sierra Leone and Guinea to battle Ebola, its largest round of aid to help contain the spread of the deadly virus.
Islamic State keeps up Syrian oil flow despite U.S-led strikes
Islamic State is still extracting and selling oil in Syria and has adapted its trading techniques despite a month of strikes by U.S.-led forces aimed at cutting off this major source of income for the group, residents, oil executives and traders say.
International financial watchdog warns on Iran, North Korea
An international financial watchdog said on Friday member states should take action to ward off risks emanating from Iran and North Korea, which it said had failed to tackle money-laundering and financing of terrorism.
Latest News
Google Inc Chief Executive Officer Larry Page has put Sundar Pichai, one of his key lieutenants, in charge of the Internet company's products.
Slumping energy shares drove the recent U.S. stock market selloff more than any other major group, so investors are turning to next week's slate of earnings to see if the sector can pull itself out of the pit.
Ford Motor Co's (F.N) new chief executive, Mark Fields, is giving the automaker's long-moribund Lincoln brand what his predecessor Alan Mulally never could: a little love and a lot of cash.
Mobile telecoms gear maker Ericsson said on Friday a slowdown in North America created uncertainty over fourth quarter sales as operators cut spending after big investments in high-speed networks.
Global stock markets were heading for their best week of the year on Friday following reassuring company results, encouraging data from the world's biggest economies and signs the ECB is upping its efforts to lift Europe.
U.S. stock index futures fell on Friday, putting the S&P 500 on track to trim its weekly advance, following disappointing earnings from Amazon and as the first diagnosed case of Ebola in New York City raised concerns about the spread of the virus.
American Airlines Group (AAL.O), United Airlines (UAL.N) and other carriers reported strong third-quarter profits on Thursday, helped by falling fuel costs, and mostly shrugged off concerns that Ebola could affect their outlook.
Procter & Gamble Co (PG.N) said it would exit its Duracell battery business, likely through a splitoff into a separate company, as it looks to focus on faster-growing brands.
Ford Motor Co's third-quarter earnings fell 34 percent but beat Wall Street expectations on a strong showing in North America even as revenue fell due to the cost of introducing the F-150 pickup truck.
