China reported its first import growth in June since the coronavirus pandemic had hit the economy, adding that exports also surged on medical goods, showing signs of steady recovery.
On Tuesday, Hyundai Motor Group's head Euisun Chung announced that Hyundai Motor together with its sister firm Kia Motors seeks to sell 1M electric vehicles in 2025, targeting more than 10% of the EVs global market share.
On Tuesday, Nokia, the Finnish telecom equipment developer, has rolled out a new software that enables a 5G upgrade to mobile operators without replacing equipment or visiting the site.
On Tuesday, Australia's second-largest bank Westpac Banking has appointed Michael Rowland, the KPMG partner, as the new chief financial officer, Reuters reported.
SoftBank Group is considering options for Arm Holding, the British chip designer, including its partial or full sale, as well as public offering, according to the Wall Street Journal.
Luckin Coffee has ousted Charles Zhengyao Lu, the company's co-founder and chairman, replacing him with a new candidate Jinyi Guo and naming him also as the new CEO, the coffee chain announced on Monday.
Huawei Technologies posted a 13.1% surge in its year's first half revenue, marking a slower growth due to the US pressure on the tech giant's suppliers and customers, as well as expected British ban.
ENKRAFT, the energy activist fund, has acquired a stake of 3.47% in Energiekontor, Germany's solar and wind park developer, in a deal aimed to change the firm's strategy, the group announced on Monday.
Analog Devices Inc, the semiconducter manufacturer, announced it would acquire Maxim Integrated Products in a deal worth $21B, the largest in the United States this year, seeking to bolster its market share in the 5G and automotive chipmaking.
An iPhone user filed a suit against Microsoft Corp's LinkedIn over the alleged personal data breach, claiming it is reading and redirecting sensitive content from Apple's users via Universal Clipboard application.
India's Reliance Industries reported that Qualcomm's investment unit would acquire a 0.15% stake in Jio Platforms in a deal valued at $97.1M, helping Reliance's digital arm to launch its 5G services to India's market.
Walt Disney is planning to temporarily shut down its Disneyland theme park based in Hong Kong starting from July 15 due to the growing number of coronavirus cases, the company announced on Monday.
China's Huawei Technologies has addressed a meeting request to the British Prime Minister Boris Johnson, seeking to delay its removal from the UK 5G network, according to the Sunday Times report.
The US White House announced 25% of additional duties on France's handbags, cosmetics and other import goods valued at $1.3B in retaliation for the French digital services tax; however, delayed the implementation for 180 days.
On Monday, Alphabet's Google announced it is planning to pledge nearly $10B to India during the following five or seven years via tie-ups and equity investments, marking the company's largest commitment to the market.
British Prime Minister Boris Johnson intends to ban China's Huawei from the UK's 5G network on the back of rising economic tensions between China and the United States.
Fisker, the electric car maker, is set to launch an initial public offering through a merger deal with SPAC, a blank check firm supported by Apollo Global Management, at the $2.9B valuation.
The South Korean finance ministry announced on Monday it would conduct the Asian Development Bank's 56th annual meeting in the city of Incheon in 2023, due to a disruption of earlier plans for hosting the meeting this year caused by the coronavirus outbreak.
On Monday, PepsiCo Inc topped analysts' expectations for its quarterly profit and revenue results, driven by a rise in snacks demand, such as Cheetos and Fritos, during the coronavirus lockdowns.
Jack Ma, the co-founder of Alibaba Group Holding, reduced his stake from 6.2% the previous year to 4.8% held in the current year, cashing out about $8.2B, Alibaba's annual filing showed.
The Dutch bank NIBC announced on Monday it had agreed to a takeover offer made by Blackstone, despite the US PE firm reduced its bid by nearly 25% to €7 for a share amid the coronavirus crisis.
France's Engie is set to appoint its new CEO in September as the ex-gas monopoly is moving forward to renewable energies, Le Journal du Dimanche reported.
Marcelo Claure, the Executive Chairman of WeWork, expects the office-sharing firm to have a positive cash flow next year, earlier than its initial target, according to the Financial Times report.
Tesla Inc has slashed the price for its Model Y SUV by $3K, four months after the roll-out, as the US electric automaker seeks to keep its sales momentum during the COVID-19 crisis.