Japan's April real wages declined at their quickest pace since 2019 end, fanning fears over the further consumer sentiment after the economy was hit by the coronavirus.
Turkey's industrial production is expected to have plunged 17% year-on-year in April amid an economic decline brought on by measures against the coronavirus spread.
Germany seeks to earmark €500M from its bumper stimulus package with intention to support the electric car charging stations launch, according to a Reuters report seen on Tuesday.
Airlines are heading to the $84B loss this year after the COVID-19 pandemic cut their revenue by half, marking the sector's worst year in history, the IATA anticipated on Tuesday.
On Tuesday, Wall Street opened lower as investors had shifted their focus to the Federal Reserve meeting over the gradual economic recovery, which took Nasdaq to its all-time high.
Thailand seeks international digital service copanies to pay a VAT, approving a draft bill on Tuesday, in the latest move by another Southeast Asian country that aims to raise tax revenues from foreign tech firms.
On Tuesday, Macy's Inc reported that 450 of its reopened stores beat forecasts by performing better than anticipated, after almost $1B in its quarterly operating losses amid the COVID-19 lockdowns.
On Tuesday, Honda Motor has experienced some output disruptions, as the Japanese carmaker was forced to suspend some of its motorcycle and auto production globally due to a potential cyberattack hit.
On Tuesday, Eurostat revealed that that the shared GDP of 19 EU countries declined by 3.1% on a year-on-year basis.
Vroom Inc, the online used auto seller, has raised $467.5M in its US listing, as the IPO market is gaining momentum following the coronavirus pandemic that put the majority of debuts on hold.
Alibaba Group's cloud unit is planning to recruit 5K staff globally this financial year, aiming to add new employees to the network, chips, AI, servers and database areas, it said on Tuesday.
Google Maps will alert its users about the coronavirus-related travel restrictions, aiming to help people plan their trips, according to the Alphabet unit statement.
The US government announced on Monday that in February the US economy officially entered a recession.
On Monday, the White House announced that the US President Donald Trump would be open for another coronavirus relief package.
Volkswagen announced on Monday that it would replace Herbert Diess as the CEO of the Volkswagen brand.
On Monday, US markets ended the day' trading with the Nasdaq index hitting a new high level.
The Austrian government confirmed that it agreed a €450M bailout deal for Austrian Airlines, the unit of Lufthansa.
Nestle SA confirmed that it is selling its North American business of Buitoni pasta brand to Brynwood Partners, the Swiss food group stated.
Germany's public network for electric cars expanded nearly 60% to 10K charging spots in the last year, the country's electricity lobby stated.
Tesla, the US electric car maker, reported it had sold 11,095 China-made Model 3 vehicles in May, marking more than triple April's volume, according to the CPCA.
The oil major BP is planning to cut around 15% of the company's workforce due to the COVID-19 crisis and its CEO Bernard Looney's intention to shift the gas and oil giant to renewable energy.
On Monday, US power provider PG&E announced its plans to attract $5.75B from public offerings, seeking to exit the bankruptcy by this month's end.
During Monday's European trading hours, crude oil prices and oil company stock prices surged, as oil producing countries extended production cuts.
Nokia revealed on Monday that its broadband business has surged, as due to the coronavirus consumers upgrade their internet connections.