A German appeals court has allowed Abu Dhabi-based airline Etihad to continue most of its code share flights with Air Berlin for the winter schedule ending in March. 

In a statement issued late Thursday, the administrative court in Lueneburg ruled that Etihad should be allowed to continue its code share agreement for 26 international routes.

Emerging currencies climbed Friday as investors moved into riskier assets following a rebound on key equity markets and as oil prices rallied from multi-year lows.

The advances came towards the end of another volatile week across trading floors, where have seen trillions wiped off valuations since the beginning of the year.

China’s bank lending declined sharply in December from November, the central bank said on Friday, despite moves to keep the world's second largest economy from slowing further with looser monetary policy.

New loans extended by banks slid to 597.8 billion yuan ($91.1 billion) in December, against 708.9 billion yuan in November, the People's Bank of China said.

“With this game, every day is your lucky day!”

La Libanaise des Jeux (LLDJ) chose the Four Seasons Hotel in Beirut to hold its press conference and officially launch the new daily draw game, “Yawmiyeh".

France said on Thursday it managed to reduce its budget deficit by more than forecast in 2015, just as the EU warned it was taking a harder line on the French shortfall.

The deficit came in at 70 billion euros ($76 billion), four billion less than forecast which, Finance Minister Michel Sapin told Europe 1 radio, takes it to levels last seen before the financial crisis.

Finnish telecom group Nokia said Thursday it had reopened its offer to shareholders of newly acquired rival Alcatel-Lucent in a bid to take over 100 percent of the Franco-American company.

The terms of the renewed public exchange offer -- open from January 14 until February 3 -- remain the same as during the initial offer period, Nokia said in a statement.

Oil prices lingered near $30 a barrel in Asia Thursday, with analysts warning they could fall further as a rise in U.S. stocks added to fears a glut in world supplies will last until next year.

Global crude benchmark Brent slipped below the psychologically key point to a 12-year low in the previous session after data showed stockpiles rose in top consumer the U.S.

The EU's economic affairs commissioner on Wednesday called on Athens "not to play games" with the International Monetary Fund as the body decides whether to participate in Greece's latest bailout.

Pierre Moscovici insisted the IMF must play a role in the three-year, 86-billion-euro ($93-billion) rescue package agreed in July, but Greek Prime Minister Alexis Tsipras has said funds from the institution are not necessary.

South Korea's central bank on Thursday cut its economic growth outlook for 2016 to three percent, citing lingering "uncertainties" over a slowdown in key export markets and the won currency.

Volatility on China's financial markets was also causing shockwaves, Governor Lee Ju-Yeol told reporters, adding that while "the Chinese risk is not unexpected", global bourses are "reacting dramatically to the huge swings that are beyond expectation".

More than 40 heads of state and government will attend next week's World Economic Forum (WEF) in Davos, which this year is focused on "mastering the fourth Industrial Revolution," organizers said Wednesday.

Those heading to the Swiss resort town for the high-level annual gathering also include 2,500 "leaders from business and society," the WEF said in a statement.