Business

The U.S. government has awarded $486 million (£372.7 million) to AstraZeneca Plc to develop and secure supplies of up to 100,000 doses of COVID-19 antibody treatment, a similar class of drug that was used in treating President Donald Trump.

Italy has approved the creation of a new company to house the assets of troubled airline Alitalia as the government presses ahead with a plan to nationalise the company.

International stocks rose on Friday, with all three major Wall Street indexes posting weekly gains as investors grew more hopeful the U.S. government would provide additional economic stimulus.

A federal judge in California on Friday ruled in an injunction request that Apple Inc could bar Epic Games's "Fortnite" game from its App Store but must not harm Epic's developer tools business, which includes the "Unreal Engine" software used by hundreds of other video games.

Boston Red Sox owner John Henry is in talks with RedBall Acquisition Corp to take his famed sports holding company Fenway Sports Group LLC public, a person familiar with the matter told Reuters late on Friday.

Senator Marco Rubio, who has successfully urged the Trump administration to pursue investigations of Chinese companies, called on Friday for the U.S. government to consider options to delay an initial public offering of China's Ant Group, the fintech arm of Chinese e-commerce giant Alibaba .