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Oil prices slid more than 1% on Friday on concerns that a global supply surplus could swell in the first quarter following a coordinated release of crude reserves among major consumers, led by the United States.

Australian shares slipped on Friday and were set for a third consecutive weekly loss, dragged down by energy stocks as oil prices dipped in thin trading on the U.S. Thanksgiving holiday.

Investors scaled back their bets on the chance of a Bank of England interest rate hike in December in early trade on Friday after a coronavirus variant that might be harder to combat with vaccines was detected in South Africa.

Asian stocks suffered their sharpest drop in two months on Friday after the detection of a new and possibly vaccine-resistant coronavirus variant sent investors scurrying toward the safety of bonds, the yen and the dollar.

The Australian and New Zealand dollars were pinned near three-month lows on Friday and heading for another week of hefty losses as a fresh bout of global risk aversion overshadowed economic strength at home.

KASSEL (dpa-AFX) - K+S Group (SDFG) said the German Financial Reporting Enforcement Panel e.V. or FREP - DPR, has issued its final examination findings in the procedure for the examination of the

Stocks suffered their sharpest drop in three months in Asia on Friday and oil tumbled after the detection of a new and possibly vaccine-resistant coronavirus variant sent investors scurrying toward the safety of bonds, the yen and the dollar.

Britain's FTSE 100 index is seen opening lower on Friday with futures down 1.9%

London copper prices fell on Friday, as a newly identified COVID-19 variant in South Africa fuelled concerns over its impact on economic growth and dented risk appetite.

Global stocks tumbled on Friday and oil fell below $80 a barrel after news of a possibly vaccine-resistant coronavirus variant sent investors scurrying to the safety of bonds, the yen and the Swiss franc.