UK Average Earnings data on Tuesday revealed that core wages have grown at a fastest pace in a decade. Wages grew by 3.6% during the three months to May.
On Tuesday, the European Securities and Markets Authority announced that it has drafted guidelines to harmonize the calculation of retail investment fund performance fees.
On Tuesday, the British Competition and Markets Authority stated it would review the proposed takeover of the UK biggest satellite company Inmarsat by a private equity-held consortium to see whether the deal would have a negative impact on the competitive landscape.
On Tuesday, the world's largest credit data firm Experian reported a 4% jump in its Q2 revenue, boosted by higher business across health, automotive, decision analytics and business credit segments in its largest market of North America.
Tesla has dropped its standard-range Model X and Model S variants from the product line-up, cutting prices to simplify the range, following the electric carmaker's report on record deliveries.
During the early hours of Tuesday's trading, the British Pound traded at a six-month low level against the US Dollar. The currency's drop was attributed to Brexit worries.
On Tuesday, it was announced by the Chinese government that fiscal spending in the first half of 2019 was increased by 10.7%.
The Finance Minister of Paraguay stated that the country's economic growth was expected to come in under 3% compared with 3.2% forecast, as soybean production weakened due to poor weather in the H1 of the year.
The US payments firm PayPal is expanding in Europe by launching Xoom, the international service of money transfers in the UK and 31 other countries over the continent.
The Chinese industrial output expanded 6% in the first half of 2019, compared to the same period the previous year, the National Bureau of Statistics reports.
Indonesia reported a trade surplus of $200M in June after a trade deficit of $1.93B in the first five months of 2019, the country's Central Statistics Bureau reports.
The African Continental Free Trade Area will help countries in Africa to boost trade and achieve faster economic growth, a South African senior government official says.
Russian and Georgian policy makers are ready to resolve tensions in relations between the two nations, Leonid Kalashnikov, Chairman of the Russian State Duma's committee says.
Ethiopia and the UAE signed a $100M agreement to support small and medium businesses with an emphasis on innovation and technology sectors, the Ethiopian Prime Minister Office reports.
Huawei Technologies announced on Monday that it would invest about $3.1b in Italy during the next three years, but asked for fair policy in the development of 5G networks.
The US chipmaker Broadcom and the cybersecurity company Symantec have halted their negotiations over the merger deal, sending Symantec's shares down 18% to $21.01, while Broadcom's shares rose almost 3% on Monday.
On Monday, Callon Petroleum stated it would acquire Carrizo Oil & Gas in the all-stock deal worth $3.2B aimed to boost the company's presence in the Eagle Ford and Permian shale basins.
On Monday, Citigroup reported its quarterly profit rose 7% to $4.80B, or $1.95 for a share, helped by consumer lending strength and lower costs.
Didi Chuxing, the Chinese largest ride-hailing company, is set to allow its app users to access services provided by its rivals, such as FAW, Dongfeng and GAC, the company announced on Monday in a move to increase orders.
Over the weekend, the price for Bitcoin dropped ten percent. Financial media attributed the drop to fears of a crypto crackdown that could be caused by Facebook's Libra coin.
China's Ping An Insurance Group stated it was planning an investment in iTutorGroup, the online education company, seeking for expansion of the "smart education" business by promoting the AI technology application in education.
Adevinta, the Norwegian online advertising group, stated that the newly introduced French digital tax would likely affect the company's earnings on the back of its Q2 earnings report, which came barely in line with Adevinta's expectations.
France's automaker PSA Group announced on Monday its car sales plunged 12.8% in the year's first half due to heavy weight of the weakeing emerging markets affecting overseas operations.
AMP, the Australian wealth manager, stated on Monday it would likely drop its $2.3B life insurance unit's sale, following the New Zealand central bank's intervention, raising concerns over the company's recovery strategy, while also sending its shares plunging.