Indonesia will effectively ban palm oil exports from April 28, until further notice, after President Joko Widodo announced on Friday a halting of shipments of cooking oil and its raw material to control soaring domestic prices.

The euro edged lower on Friday after European Central Bank officials sent mixed policy signals, while expectations of a 50 basis point rate hike from the Federal Reserve supported the U.S. dollar which briefly hit a new 25-month high.

Indonesian lawmakers on Friday approved the government's plan to top up Garuda Indonesia's capital by 7.5 trillion rupiah ($522.43 million) this year, once the carrier reaches a debt settlement with creditors, a government official said.

Swiss elevator and escalator maker Schindler on Friday reported a drop in first-quarter net profit but beat the consensus forecast despite supply chain woes, cost inflation, coronavirus lockdowns and market contraction in China.

A bill to guarantee minimum gas storage levels in Germany, whose underground facilities account for a quarter of the EU bloc's total capacity, will kick in from May 1 after parliamentary approval.

Swiss elevator and escalator maker Schindler on Friday reported a drop in first-quarter net profit but beat the consensus forecast despite supply chain woes, cost inflation, coronavirus lockdowns and market contraction in China.