On Tuesday, the German parliament has supported Ursula von der Leyen's candidacy for the post of the European Commission President.
The Atlanta Fed's GDPNow forecast revealed that the US economy grew at a 1.6% annualised rate in the Q2 based on better-than-forecast retail sales and industrial output data, whic came in in line with forecast in June.
Wells Fargo posted higher quarterly profit, with 6% rise in wholesale bank and 26% growth in community bank segments, thanks to cost controls and increase in loans.
The US manufacturing production accelerated 0.4% in June, climbing for the second straight month and surpassing 0.2% forecast, owing to higher output of motor vehicles and parts, the Fed reported.
Oyo, the Indian hotel start-up backed by SoftBank, announced on Tuesday it had acquired Innov8, the local co-worker venture, as the hospitality chain was seeking to enter the commercial real estate sector under the Oyo Workspaces brand name.
On Tuesday, Barclays stated that a merger between two French biggest retailers Casino and Carrefour could be possible, sending Casino's shares up almost 2% on the statement.
On Tuesday, JPMorgan Chase & Co reported its quarterly profit rose 16% to $9.65B, beating analysts' estimates, as a modest loan increase and higher interest income had made up for a lower activity at its trading desks.
Samsung Electronics and SK Hynix have called on the South Korean local supplier to bolster the key chipmaking chemical supply to guard against possible disruptions of production.
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.