Wall Street's main indexes opened higher on Friday with banks and megacap growth shares rising on the last day of a week that saw heightened volatility on concerns about the impact of rising inflation and interest rate hikes.

(Reuters) -U.S. stock indexes were set for a higher open on Friday, with banks and megacap growth shares rising on the last day of a week that saw heightened volatility on concerns about the impact of higher inflation and subsequent rate hikes to tame it.

The head of French carmaker Renault could return to Japan in June for the second time in two months, a source close to the matter told Reuters, a sign of intensifying talks with partner Nissan on a planned carve-out of its electric vehicle business.

PARIS (Reuters) -Air France-KLM said on Friday it had entered exclusive talks with private equity firm Apollo for a 500 million euro ($529 million) capital injection for one of its engineering and maintenance units to help repay French state aid.

Steve Rowe will next week step down as chief executive of British retailer Marks & Spencer after a turbulent six years in the top job, with his internal successor set for a baptism of fire amid a worsening cost-of-living crisis.

(Reuters) -Deere & Co raised its 2022 profit forecast on Friday as gaps in grain supplies triggered by Russia's invasion of Ukraine drive global crop price higher, but the heavy equipment maker's stock fell after its quarterly revenue missed analysts' forecasts.