The UK workers received the biggest pay increases in 11 years, as the total earnings growth grew 4% year-on-year, while the jobless rate fell back to the lowest since 1970.
German HDE retail association confirmed its expecations that sales ar elikely to increase 2% this year to $593.34B to mark a tenth year of growth in succession.
On Tuesday, Mallinckrodt Plc stated it was set for its BioVectra unit sale to the private equity group H.I.G. Capital in a deal worth up to $250M, after the drugmaker played down its bankruptcy concerns due to opioid litigation uncertainties.
Hungary may roll out its high-speed 5G service already this year if the business goes according to a plan, the UN internet and telecoms agency's head stated on Tuesday.
During Tuesday's Asian trading session, stock indices declined due to the publication of a decline of Chinese producer prices.
On Tuesday, Germany's Finance Minister Olaf Scholz stated an agreement in the US-China trade dispute was urgently needed, as companies across the world were seeking for an improvement sign.
On Tuesday, Boris Johnson, the recently-elected British Prime Minister, stated he would not delay Brexit planned for October 31, despite the lawmakers have rejected his request for an early national election for the second time this week.
Repsol SA, the Spanish oil giant, has entered talks to acquire Exxon Mobil's deepwater assets in the US Gulf of Mexico in a potential deal worth around $1.0B, according to sources with the knowledge of the matter.
On Monday, a US Federal Judge issued the order to Facebook to face most of its US lawsuits that seek compensation for private data being sold to third parties.
On Tuesday, Reuters published the opinion of an Australian asset manager, which stated that nearly $168 billion of pension fund money would flow abroad due to lack of local investment options.
During Tuesday's Asian trading session, crude oil price benchmarks reached a six-week high level.
Bloomberg and Goldman Sachs Group are teaming up to feature the investment lender's trading analytics on a service, launched on Monday by the financial information firm, for forex trades that are made by using algorithms on Bloomberg's terminal.
Uber Technologies' restaurant delivery business Uber Eats announced on Monday it would discontinue its service in South Korea due to toughening competition in one of the world's largest online food delivery markets.
The British airline easyJet has confirmed its interest on Monday in the collapsed carrier Aigle Azur-owned operations at the Paris Orly airport, as the airline had filed for bankruptcy, suspending its flights last week and leaving 19K of passengers stranded.
The UK economy expanded more than anticipated July,with a 0.3% rise in output, the ONS reported on Monday, dampening fears of the first recession since the crisis as the Brexit crisis escalated.
The IMF suggested that Saudi Arabia should consider an increase in the value added tax from 5% to 10% from the current 5%, stressing the importance for the country to enhance the fiscal position due to lower crude prices.
Two of the Chinese largest telecom companies, China Unicom and China Telecom, are set to team up to establish a 5G mobile network on the back of the cost-cutting venture, which could potentially crimp vendor orders.
WeWork is planning to proceed with its initial public offering launch as soon as next week, despite the valuation concerns it can gain in a listing, Reuters reported on Monday citing sources familiar with the situation.
On Monday, Elliott Management Corp, the AT&T shareholder stated the wireless carrier was "deeply undervalued" and urged its business restructuring that would include cost cuts in units.
Finland's Kone has selected Hengeler Mueller, the German law company, right ahead of its planned takeover of the Thyssenkrupp-owned elevator division, which is likely to be valued at about $19B.
During Monday's Asian trading session, global stock indices surged. The move was attributed to expectations of global monetary stimulus.
The Spanish repeat election could boost traditional mainstream parties; however, it will bring no clarity, the poll suggested on Monday, two weeks before Pedro Sanchez, the Socialist acting premier, must form the government.
On Monday, Tokyo Century Corp announced it would acquire the rest of 75.5% in the US aircraft leasing company Aviation Capital Group from its current owner Pacific Life Insurance in a deal value at $3.0B.
JPMorgan Chase & Co is highly likely to win the lead advisory role in Saudi Aramco's IPO, Reuters reported citing sources with a knowledge of the matter.