Saudi Arabia would cut crude oil allocations in September by nearly 520K barrels per day, aiming to help to comply with the OPEC agreement, an industry source revealed.
China's imports rose 11.0% in July, compared with a 17.2% increase registered in the prior month, while exports growth slowed to 7.2% from 11.3% in the same period.
Spain is set to call the European Finance Minister to review the country's budget at summit in August with Germany, France and Italy, Spanish PM Mariano Rajoy stated.
According to the Kremlin, the President of Russia Vladimir Putin visited the Georgia's breakaway region of Abkhazia on Tuesday.
On Tuesday, the US fashion accessories manufacturer Michael Kors reported a better-than-expected revenue and profit in its Q1, while the company's shares soared 12.4%.
The US luxury brand Ralph Lauren reported a 13.2% fall in its quarterly sales as the company's decision to sell the majority of items at full price cooled demand in North America.
Four Taliban militants were reported to be killed by the security forces of Pakistan in the Lahore city after a vehicle bomb blast claimed life of at least one person and injured 22 on Thursday.
The US State Secretary Rex Tillerson urged the Thai leaders to put more pressure on North Korea during his visit to Thailand on Tuesday.
According to the SECO, the unemployment rate in Switzerland remained unchanged at 3.2% in July, fully meeting analysts' expectations.
On Tuesday, the African National Congress' lawmakers came to an agreement to back South Africa's President Jacob Zuma in a no-confidence vote in the Parliament later that day.
Ravina Shamdasani, the OHCHR spokeswoman, said that Venezuelan authorities have applied excessive force and arbitrary detentions to suppress protests on the streets since April.
According to a letter from the German foreign minister, Turkey has finally allowed German parliamentarians to visit soldiers of the Bundeswehr at the Incirlik air base as part of a NATO trip.
According to the China's embassy official, a planned meeting between Chinese and Vietnamese Foreign Ministers was cancelled amid rising tensions over the South China Sea between the two countries.
On Tuesday, the UK payments company Wordplay announced it had got the second deadline extension for their acquisition deal with Vantiv as two companies needed more time to come to a final agreement.
Australia's PM Malcolm Turnbull stated on Tuesday that the country was set to vote on whether to approve same-sex marriage in November 2017 as it sought to resolve the long-stalled debate.
China's ride-sharing company Didi Chuxing made an investment in the Middle East's ride-hailing firm Careem, following their partnership agreement formed to boost Careem's services and position in the market.
Mazda Motor Corp has announced that the company will launch a new type of gasoline engine in 2019. This unveils that traditional engines are at the centre of the company's strategy.
The Australian based Commonwealth Bank on Tuesday cut the bonus of the CEO. The reason for the move were the recent allegations that the bank broke various financial laws.
In an aftermath of the issue in Silicon Valley, after a Google engineer published a memo on biological causes for inequality in tech industry, the engineer has been fired.
Tesla representatives have announced that the company is looking into raising around $1.5 billion bu issuing junk bonds.
The international fast-food chain McDonald's revealed its plans to open 2,000 new restaurants in China by 2022.
The US Secretary of State Rex Tillerson has arrived in the Kingdom of Thailand for an official visit. This is the first highest level visit since the military uprising in 2014.
On Tuesday, crude oil prices fell by 0.4% or 23 cents amid a resumption of production at Libya's largest oil field.
According to the US National Hurricane Centre, the tropical storm Franklin is expected to hit the eastern side of the Mexico's Yucatan Peninsula.