The mood among Germany's investors slumped in August to the most pessimistic of -44.1 points from -24.5 in the prior month, since the peak of the EZ debt crisis, a survey revealed on Tuesday, heightening concerns that the economy was heading for recession.
The US consumer prices grew broadly 0.3% in July, though the signs of a rise in inflation are expected to do little to change expectations that the Fed will cut rates next month due to worsening trade tensions.
Profit at Mears Group decreased 10% to £17.1M in the first half of 2019, as the company scaled back home development business, though the order book was still strong awing to contributions from acquisitions and a government contract win.
Taiwan's Foxconn, which produces smartphones for Apple and others, reported a 2.5% decline in quarterly profit to £450M on Tuesday, a slightly smaller decrease than analysts' anticipated.
On Tuesday, Snap announced it would launch its Spectacles sunglasses' new version with a capability of taking photos or videos and uploading the captures directly to the Snapchat app, amid the tech company's intention to develop augmented reality features.
One of the EU largest banks ING stated on Tuesday it assumed the Brexit would be postponed, with a 40% chance of the United Kingdom's national election.
The British pay growth, including bonuses, has risen by 3.7% year-on-year in the second quarter, in line with Reuters analysts' forecasts, while job creation has also beaten estimates with 115K jobs created, bringing the employment level to a record 32.811M.
On Tuesday, Reliance Industries announced that it aims to reach zero debt and increase dividend pay-outs. The announcement caused a twelve percent jump of the company's share price.
Trafigura Group is planning a tie-up with the shipping companies Frontline and Golden Ocean to build a venture to supply shipping fuels, right before the planned 2020 regulations shake-up that could trigger fuel delivery disruption and price hikes.
On Tuesday, China's state planner has granted an approval for the airport project worth $155.68M in the Sichuan province, according to the National Development and Reform Commission website.
On Monday, India's Reliance Industries announced it had signed a partnership with Microsoft's Azure cloud platform, seeking to deepen the Jio telecoms unit's offerings, while posing a threat to Amazon.com and Alphabet's Google, the company's rival cloud services operators.
Verizon Communications announced it is likely sell Tumblr, its blogging website, to Automattic, which is the owner of WordPress.com.
Foreign direct investment in China grew 7.3% year-over-year to $75.56B in the first seven-month period of this year, the Commerce Ministry stated.
Singapore slashed its economic growth forecast for 2019 to 0%-1% from the prior 1.5%-2.5% expectation, as global conditions worsened and data confirmed the weakest growth pace in a decade due to mounting fears of recession.
Colombia's commerce regulator stated it would fine Uber Technologies more than $629K for obstructing a 2017 regulatory visit.
The Argentine Peso fell by 30.3% to a record low against the US Dollar on Monday, as the country's primary vote suggests a return to interventionist economics.
According to sources with knowledge of the matter, South Korea plans to drop Japan from its fast-track trade white list.
Diageo Plc, the British beverage giant, has signed an agreement with Cuba's Ron SA to market the Cuban rum. The deal comes at a time when the US is trying to dissuade investment in Cuba.
Italy's political parties were expected to meet on Monday to discuss whether to recall the parliament immediately, as the right-wing party's leader Matteo Salvini election bid meets resistance.
On Monday, Rite Aid Corp has appointed Heyward Donigan as the company's new Chief Executive Officer, seeking to halt sales declines, triggered by intense competition, with her competence in managing healthcare firms.
Deliveroo, the UK food delivery service, is set to halt its operations in Germany by the end of this week, shifting its focus to other markets, the Amazon-backed company's spokesman stated on Monday.
Germany's exports to Iran halved by 48% to $758.8M in the year's first half, according to data seen on Monday, tumbled by sanctions against Tehran reimposed by the United States.
Iberdrola, the Spanish energy company, is planning a 40% stake sale in East Anglia One, the UK offshore wind project, to Green Investment Group in a deal valued at $2.0B, Iberdrola stated on Monday.
The short-video app TikTok owner ByteDance, has released to China its new search engine, entering the sector dominated by its rival Baidu.