The Australian tourism industry lost around $4.02B in the first three months of 2020 amid the coronavirus outbreak, official data show.
Turkey expects to welcome 15M tourists in 2020 and generate over $11B in revenue, a statement published by the Turkish Culture and Tourism Minister Mehmet Nuri Ersoy shows.
Bank of China signed a strategic partnership deal with Alibaba and Ant Financial, previously known as Alipay, to promote closer cooperation and exchange of technologies.
Thailand's exports declined 11.37% to $18.8B and imports fell 26.38% to $15.47B in July, data published by the Thai Ministry of Commerce show.
The British retailer Tesco plans to create 16,000 new jobs to support the development of online sales, a statement published by the company shows.
The investment bank unit of Barclays appointed JPMorgan's executive, Manuel Esteve, as a new director of its Europe's equity capital markets, the lender announced on Monday.
Germany's KBA, the motor vehicle authority, has launched an investigation into Porsche AG over alleged petrol engines manipulations to achieve better emissions data.
On Monday, the British biggest supermarket Tesco announced it would add 16K more permanent jobs in a boost of its online business, adding it could even raise the number of job positions due to rapidly growing sales.
On Monday, Takeda Pharmaceutical is planning a sale of its Japan consumer healthcare unit, valued at $2.29B, to Blackstone Group.
Facebook has agreed on paying €104M in taxes in France, including a penalty, according to Capital, the French financial magazine.
Blackstone Group is set to buy the world's biggest DNA provider Ancestry.com in a deal with private equity rivals worth $4.7B, including debt, according to Reuters.
China's tech firm ByteDance investors are considering their stakes usage to finance the short-video app TikTok bid, according to sources with knowledge of the matter.
Pearson, the global education publisher, has named Walt Disney's executive Andy Bird as the company's new CEO, effective starting October 19.
The Treasurer of Australia Joshua Frydenberg announced on Sunday that Australia's effective unemployment would exceed 13% at the end of September.
The European Commission for Trade Phil Hogan will not resign, an EU official close to the commissioner stated on Sunday.
According to political sources, Tunisia's incoming Prime Minister Hichem Mechichi plans to merge the ministries of investment, state property and finance into one department.
Saudi Arabia's Minister of Energy Prince Abdulaziz bin Salman Al-Saud announced on Sunday that the Saudi Energy Ministry would offer assistance to Neom.
BHP stated on Sunday it made a decision to evacuate its Neptune and Shenzi oil platforms amid the upcoming hurricane and tropical storm in the Gulf of Mexico.
According to the US government, energy companies temporary stopped oil extraction in the Gulf of Mexico amid the approaching hurricane and tropical storm.
Microsoft Corp filed a claim against Apple Inc claiming that the latter's intention to evict Epic Games from developer tools would negatively affect the company's business.
The President of Venezuela Nicolas Maduro thanked on Sunday Iran for helping the country to overcome sanctions imposed by the US against its oil industry.
Hichem Mechichi, the incoming Prime Minister of Tunisia, is planning to merge the Ministry of State Property, Investment and Economy and put economist Ali Kooli in charge of it.
The CEO of the German multinational retailer Metro AG - Olaf Koch will leave the company by the end of 2020, the firm will be looking for a successor.
The Premier of the State Council of China stated that despite the consequences of the turmoil caused by the COVID-19 pandemic, the economic growth is expected to step up this year.