Despite announcing earnings in line with forecasts, on Wednesday Ericsson announced that future cost increases might decrease the company's profit margins. The announcement caused a seven percent drop of Ericsson stock price.
On Wednesday, the common European currency reached a weekly low level. The drop was caused by expectations of monetary easing in the Euro Zone.
On Wednesday, the Bank of England announced that most likely its balance sheet will decrease only by half once quantitative easing is reversed.
According to sources with knowledge of the discussions, Japan and the United States are negotiating on a trade agreement involving autos and agriculture.
The German Federal Cartel Office announced on Wednesday that Amazon has agreed to overhaul its Business Services Agreement that applies to merchants using the company's platform.
The Bulgarian Finance Minister Vladislav Goranov said on Tuesday that hackers had stolen millions of Bulgarians taxpayer's financial data at the country's National Revenue Agency.
Bitcoin cryptocurrency fell below $10,000 on Tuesday after the US Senate Banking Committee grilled Facebook Inc on its crypto plans.
According to sources familiar with the matter, lenders of Jet Airways will make another attempt to sell the insolvent airline for at least $1.24B.
Ursula von der Leyen, the new head of the European Commission, stated on Tuesday that she would try to find a mutually beneficial solution to the Brexit with any British leader.
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%.