Malaysian airline AirAsia X has ordered 42 Airbus aircraft worth a total catalogue price of five billion dollars, Airbus said Friday.

Eurozone equity markets rebounded on Thursday, and London extended gains, on positivity surrounding U.S.-China trade talks, while the pound steadied after a Brexit-fuelld slump.

The world's largest economy grew slightly more slowly in the second quarter than previously thought, the government reported Thursday, with new data showing weaker oil exports and local government spending.

Beijing hinted Thursday it may break the cycle of retaliation in the trade war with the United States, as the punishing tariff battle threatens global economic growth.

Asian markets sank again on Thursday as investors grow increasingly pessimistic about the outlook for China-US trade talks, while a closely watched recession indicator hit a level not seen since just before the financial crisis.

The pound slumped more than one percent versus the dollar and euro Wednesday as Britain's government moved to extend the suspension of parliament, increasing the likelihood of a no-deal Brexit.

Iceland's central bank on Wednesday lowered its key interest rate for the third time this year as it battles with recession after a decade of solid growth.

The European Commission said Wednesday it had begun a preliminary investigation into Google's job search tool on competition grounds, having identified a conflict of interest.

Asian markets swung Wednesday, gripped by uncertainty over the China-US trade talks, with warnings that Donald Trump's unpredictability could be harming the chances of an eventual agreement.

Former Volkswagen boss Ferdinand Piech, who has died at 82, was the autocratic heir of a storied motoring dynasty who drove VW from the brink of bankruptcy to become a global empire.