Ryanair's Laudamotion airline said it would shut its main base in Vienna with the loss of more than 300 jobs in what could be the first of a series of closures across Europe.
Regulated information management software company Ideagen announced a partnership with the World Health Organization (WHO) on Friday, to support its collaboration and policy-making work with member states and other interested bodies during the Covid-19 coronavirus pandemic.
Energy storage and clean fuel company ITM Power announced the formation of the ‘H2OzBus Project’, and the signing of a memorandum of understanding with strategic partners, on Friday.
Virtual reality entertainment content creator EVR Holdings announced a name change on Friday, to MelodyVR Group.
Time Out said on Friday that it plans to raise up to £45m in a placing to strengthen its balance sheet in the wake of the coronavirus pandemic.
Business spend management company Proactis Holdings updated the market on its performance on Friday, reporting the signing of new contracts worth £11. 3m in the year to date.
DP Poland reported a 16% improvement in pre-IFRS revenue in its final results on Friday, to PLN 69m (£13. 67m).
Oxford University and its partnership institutions have begun enrolling volunteers across Britain in the next phase of clinical trials for its vaccine against Covid-19.
Molecular diagnostics company Genedrive announced on Friday that its ‘Genedrive 96 SARS-CoV-2 Kit’ was now CE-IVD marked, and available for commercial sale across the European Union, including the UK.
Facebook is planning to shift to a more remote workforce in a similar move to what’s being considered by many tech groups as a result of the ongoing pandemic.
South east Asia-focussed upstream oil and gas company Coro Energy announced on Friday that all necessary Indonesian regulatory approvals for the transfer of title of the 15% direct interest in the Duyung production sharing contract to Coro had now been received.
The government's mortgage payment holiday scheme has been extended for three months, it was announced on Friday.
Intellectual property rights company One Media iP Group said on Friday that it has continued the positive momentum it described at the start of May, with trading still in line with the expectations of its board.
Shares in Go-Ahead fell heavily on Friday, after the travel group warned that the Covid-19 outbreak and ongoing problems at its German rail franchise would hit full-year profits.
US futures had stocks opening lower on Friday amid a ratcheting up of tensions between Washington and Beijing.
EasyJet's founder Stelios Haji-Ioannou has failed in his attempt to eject the airline's chairman, chief executive and two other directors from the board.
Stocks in Europe are under slight selling pressure after the Chinese government apparently upped the ante on the geopolitical front by announcing it would impose national security laws, bypassing the city's legislature and therefore potentially in effect reneging on promises to respect its one state, two-systems policy.
JD Wetherspoon said it would spend an initial £11m on measures to minimise the risk of Covid-19 infection when its pubs are allowed to reopen.
London stocks were still in the red by midday on Friday following news that Beijing is planning to impose a new security law on Hong Kong and after the release of uninspiring UK data.
Fashion retailer Burberry pulled its final dividend and took a £241m hit to profits related to the coronavirus pandemic.