Sarepta Therapeutics suffered another major setback on Friday as Europe's drug regulator decided not to recommend the approval of Elevidys, following mounting regulatory scrutiny and two recent patient deaths linked to the company's gene therapy.

This week's U.S. trade agreement with Japan could provide a framework for a pact with the European Union, experts say.

The European Union plans to quickly hit the US with 30% tariffs on some €100 billion ($117 billion) worth of goods in the event of no deal and if US President Donald Trump carries through with his threat to impose that rate on most of the bloc’s exports after Aug.

Wall Street's main indexes were higher on Friday after EU officials signaled that a framework trade deal with the U.S. could be signed as soon as this weekend, while Intel tumbled following a disappointing forecast.

The European Medicines Agency has recommended authorizing a twice-yearly injectable drug to prevent HIV. Scientists say this could help end the virus' transmission.

EU-China relations have reached an "inflection point", European Commission President Ursula von der Leyen told her Chinese counterpart Xi Jinping at a one-day summit in Beijing.