L Brands is planning 850 layoffs, which are 15% of the company's corporate workforce, while also anticipating a smaller-than-expected fall in its Q2 sales, and sending shares up 17% on the news.
Amgen reported a 6% growth in its Q2 revenue on higher sales of its newer drugs, with the results being largely in line with the forecasts, while shares fell about 2% in the extended trading.
Starbucks said its global business was recovering steadily as the company reopened most of the stores after easing of the coronavirus-led restrictions.
Italy's parliament endorsed the request of the Prime Minister to prolong the state of emergency until October 15 to prevent the likelihood of a returning spread of the virus.
The British spaceflight company, founded by Sir Richard Branson and Burt Rutan, revealed the interior of its space aircraft on Tuesday, a ticket will cost $250K per passenger.
The US consumer confidence stepped down more than anticipated in July due to the surge in coronavirus cases, consumers are pessimistic about the prospects over the subsequent half of the year.
On Wednesday, the US lawmakers will question Apple Inc's CEO Tim Cook regarding the possibly unfair company's practices on the App Store.
China's Ctrip was in talks with investors over financing its delisting from Nasdaq due to rising US-China tensions and the coronavirus-driven hit to business.
Spain's utility Endesa SA reported a 45% increase in H1 net profit to €1.13B amid cost savings after getting a collective-bargaining deal with staff.
Tesla's rival Lucid Motors is building a new Air luxury EV equipped with a semi-automated assistance system, seeking to launch it in early 2021, the carmaker stated on Tuesday.
McDonald's reported on Tuesday its global same-store sales dropped more than expected, while its profit also missed the forecasts due to restaurant shutdowns triggered by the coronavirus pandemic.
On Tuesday, Pfizer Inc topped analysts' forecasts for its Q2 profit and raised its annual outlook, on rising demand for the company's blood thinner Eliquis and cancer drug Ibrance.
On Tuesday, the industrial conglomerate 3M posted a 12% fall in its quarterly revenue as the coronavirus crisis hammered demand for the company's products.
On Tuesday, the Ifo institute announced that, as German exports have been recovering, car production has benefited the most.
During Tuesday's GMT trading hours, it was revealed by BBC that the British Airways face strike threats due to job cuts.
On Tuesday, the European Central Bank extended its recommendation to banks not to pay out dividends.
On Monday, gold prices reached record high levels, as the price per ounce beat the previous historical high level of 1,912.40.
It was revealed on Monday that US consumers would receive a total of $9.8 billion in Volkswagen diesel scandal settlements.
On Monday, US stock indices rose, as the US Dollar declined due to expected US stimulus efforts.
During Monday's US trading hours, crude oil prices rose, as a pick-up in oil demand was expected due to stimulus measures.
On Monday, the Federal Trade Commission announced that Volkswagen AG paid more than $9.8B to the owners of the defected vehicles, following the 2015 emissions scandal.
The stock market stepped up on Monday on anticipations of the upcoming government stimulus packages, despite the surge in COVID-19 cases and the US-China strains.
On Monday, Deutsche Bank AG declared that it will terminate their undertakings linked to coal mining by 2025 due to the environmental solicitudes.
The US social media conglomerate Facebook Inc has pressed charges against the EU for breaching the privacy of the company's employees during the antitrust regulator investigation.