The growth of China's exports accelerated in June even despite the US imposing tariffs on its products; imports likewise increased due to stronger domestic demand.
The Office of the US Trade Representative said the United States is set to start collecting 25% tariffs on additional $16B of Chinese imports, including semiconductors, on August 23.
The Japanese electronics company Toshiba Corp reported on Wednesday a net profit of $9.16B in Q2Y2018, pushed higher by the sale of the flash memory chip unit.
Apple told the US lawmakers that its iPhones did not listen to consumers without their consent and did not allow third-party applications to do so either.
The number of people hired in the UK grew at the weakest pace in the nine-month period in July, reflecting record-low unemployment and a lack of migrant workers coming from the EU.
Walt Disney missed Wall Street profit estimates, as costs of new technologies grew during the quarter ended June 30, but the CEO Bob Iger stated an consumers' exodus from TV channels was slowing.
Papa John's International posted a comparable 6.1% sales decline in North America in the Q2 and cut the forecast for the following months, as a spat between the founder and the pizza chain dragged on profits.
The global equity market was moving close to a six-month high this Tuesday in response to recovering Chinese stocks and earnings-driven surge in US equities.
The S&P500 jumped close to its record high on Tuesday, driven by solid earnings in Q2Y2018; top gainers were Alphabet, Amazon and Microsoft.
The world's largest brewer AB InBev announced on Tuesday that the company would invest in a new plant in Mozambique to be constructed during 2H 2018.
Shares of Tesla Inc jumped 7% on Tuesday after the CEO Elon Musk tweeted that he was considering taking the company private for $420 per share.
HKBN, the Hong Kong residential broadband provider, is set to acquire WTT HK, the local fixed-line operator, in a deal worth $1.34B, both companies stated on Tuesday.
Kinder Morgan Canada is expecting to complete the acquisition of its crude oil pipeline Trans Mountain in the end of this year, the company announced on Tuesday.
Iraq's Prime Minister Haider al-Abadi said on Tuesday that Iraq did not agree with Iranian sanctions imposed by the US, but nevertheless was ready to abide them.
The Senate of Italy approved on Tuesday a law that restricted temporary job contracts, as well as penalised companies that moved their production outside the country.
Carl Icahn has urged shareholders of the insurance provider Cigna Corp to vote against the $52B purchase of Express Scripts Holding Co due to threats of regulation and competition.
According to a recent survey by Richard Ivey School of Business, the Canadian Purchasing Managers' Index fell to 61.8 in July, compared to the market estimate of 64.2.
On Monday, India's Rcom and Sweden's Ericsson gained the Supreme Court's approval for its wireless assets sale to Reliance Jio in a deal valued at $80.06M.
Nissan Motor agreed on its electric vehicle unit sale to China's renewable energy company Envision Group for a price that was not disclosed, the automaker reported.
India called on the local telecom operators to figure out how to block applications like Whatsapp and Facebook in case of any misuse.
On Tuesday, India's ride-sharing firm Ola stated it was eager to launch its operations in Britain in 2018, a couple of months after starting its services in Australia, as it seeks to outrace its rival Uber.
The US billionaire Stan Kroenke has won the $2.3B worth battle for Arsenal, after his Russia's competitor and minority investor Alisher Usmanov had agreed on its sale.
Baidu CEO stated on social media that the Chinese firm was ready to beat Alphabet's Google, if the US search engine titan re-entered China's market after leaving it eight years ago.
Frutarom's shareholders accept $7.1B takeover by International Flavors & Fragrances, Israel's firm stated on Tuesday.