In a 5-0 vote, the Federal Trade Commission (FTC) has given its approval to the agency's settlement deal with Teva. The settlement ends a long-running scuffle related to patent infringement.
Foreign investors have been piling into Chinese stocks at a record pace just as the world's best-performing market shows warning signs of a reversal of fortunes.
Switzerland's economic output slowed sharply in the first quarter of 2015 after the country's currency appreciated against the euro and the US dollar.
Deposit withdrawals from Greek lenders gathered pace in April, as a standoff between the country's anti-austerity coalition and its creditors has renewed doubts about the country's future in the euro area.
LONDON—Oil prices extended their gains on Friday, helped by a decline in U.S. oil inventories as investors turn their attention to next week's OPEC meeting.