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.
Qualcomm's investment division will acquire a 0.15% stake in Reliance's Jio telecoms unit, the Indian Reliance Industries announced on Sunday.
According to the Handelsblatt newspaper report published on Sunday, Volkswagen would replace Christian Senger as the company's head of the software division.
On Sunday, the US House Speaker Nancy Pelosi said that Congress needs to find a compromise to prolong the coronavirus unemployment benefits.
Safaa al-Hashem, the head of Parliament's Financial and Economic Committee, announced on Sunday that Kuwait's government had asked the Parliament to approve the public debt law.
On Sunday, the digital unit of Reliance acquired the needed backing of Qualcomm to improve its 5G plans.
Volkswagen announced on Sunday to Handelsblatt that the company would replace the company's head of software division.
On Sunday, the Bank of Israel announced that it expects the Israeli budget to have a 13% of GDP deficit.
The UK government announced on Sunday that it would develop port infrastructure in London to stop possible future freight blockages.
On Sunday, the Russian mining company Norilsk Nickel announced another fuel leak in the Arctic.
Tesla announced on Sunday that the company would cut the price for Model Y vehicles, as the coronavirus has hit the auto sector.
Nikkei announced on Sunday that Onward Holdings and Japanese retailer Zozo are to close a tie-up deal.