IBM reported its Q2 profit and revenue topped analysts' forecasts, driven by the strength of the company's cloud computing business, tumbling its shares 6% on the results.
Walmart Canada is planning to spend C$3.5B in the following five years to bolster its e-commerce business amid the coronavirus pandemic prompting a major shift to online shopping.
China may retaliate against the telecom gear makers Ericsson and Nokia if the EU bloc joins Britain and the US in banning Huawei from 5G networks, according to the Wall Street Journal.
Brazil's planemaker Embraer reported it had delivered only four commercial jets in the Q2, compared with 26 the previous year's same period, blaming the coronavirus pandemic for the collapse.
Aurora, the self-driving start-up, is expanding its vehicle development and testing to Texas, while already testing its cars in Pittsburgh and the San Francisco Bay Area, according to Reuters.
Russia's Sberbank may be able to write off $2B in a state loan from the Russian central bank amid government's support for its largest bank during the coronavirus crisis.
On Monday, Halliburton, the oilfield services giant, reported its third consecutive quarterly loss as the company took a $2.1B impairment charge due to a plunge in oil prices as well as drilling collapse by North America's customers.
Due to the plunge in air travel demand, the price of major US airline companies slipped on Monday, US Global Jets ETF declined 2.6% in the midday.
On Monday, the S&P 500 and technology stocks climbed on encouraging news about the early COVID-19 vaccine test data, countering the fears caused by the rise in infections.
Vodacom Group announced plans to create an app in partnership with Alipay to allow customers in South Africa to pay bills, shop online and send money.
Gatemore Capital took a stake of 3.37% in Superdry, the UK retailer, and anticipated it to profit from modifying consumer trends.
On Monday, Dollar Tree Inc has promoted Michael Witynski, the firm's enterprise president, as its new Chief Executive, replacing Gary Philbin.
The world's largest retail Walmart hs resumed talks over the potential stake sale in its UK supermarket unit Asda, a spokesman for Walmart said on Monday.
Oil major Chevron announced on Monday that it would acquire Noble Energy in the all-stock deal, bringing the value of the Houston-based gas and oil producer to $5B.
Ford Motor is set to collaborate with Intel Corp's Mobileye, the autonomous driving unit, over the upgrade development of its collision avoidance system, the second-largest US carmaker stated on Monday.
On Monday, the CEO of Philips Frans van Houten stated that he expects a recovery of consumer demand in Europe.
On Monday, the French carmaker Renault reported a 34.9% slump in its global vehicle sales in the current year's first half, hit by the coronavirus outbreak, but saw some recovery signs in June.
Japan is planning to invite TSMC or other chipmakers for constructing a joint chip manufacturing plant with the local chip equipment suppliers, according to the Yomiuri daily report.
Ebay Inc has entered the advanced talks over its classified-ads unit sale to Norway's Adevinta, as the company seeks to shift focus to its main marketplace business, according to the Wall Street Journal.
Catalonia's regional government has urged thousands of people to stay-at-home as the COVID-19 cases continued to grow.
According to the Turkish Transport Ministry, Turkey has halted flights to Afghanistan and Iran due to the COVID-19 pandemic.
Emirates REIT, the first UAE Real Estate Investment Trust, announced on Sunday that it was weighing de-listing from securities exchange.
According to the Yomiuri daily report published on Sunday, Japan is planning to invite the Taiwanese Semiconductor Manufacturing Company to build an advanced domestic chip plant.
Despite a third day of negotiations at a summit, EU leaders could not agree upon the form of new economic stimulus measures.