Ryanair announced on Wednesday that the company would cut its 2020 passenger target by additional ten million.
On Wednesday, a leaked internal memo of the Renault Chief Executive Officer of Luca de Melo revealed that the company is considering additional cost cutting.
The British banking group Lloyds Banking Group announced on Wednesday that it would cut additional 865 jobs.
On Wednesday, Reuters revealed that a number of e-commerce delivery companies are looking to acquire fleets of electric delivery vans.
The French luxury giant LVMH revealed on Wednesday that it would drop its plans to take over Tiffany.
On Wednesday, AstraZeneca stock price plunged, as the company announced a pause of its coronavirus vaccine testing.
As natural gas prices plummeted on Wednesday, Poland called for a halt of the Nord Stream 2 gas pipeline project.
The government of the United Kingdom announced on Wednesday that it would soon reveal additional details for its post-Brexit plan.
On Wednesday, Samsung announced that it would stop supplying Huawei with displays due to US restrictions.
On Wednesday, Virgin Australia announced that it would return one third of its Boeing 737 fleet.
The expected new Prime Minister of Japan Yoshihide Suga stated on Wednesday that he would put growth ahead of fiscal reform.
During Wednesday's trading hours, crude oil prices continued to decline, as a drop in demand was expected by market participants.
On Wednesday, it was revealed that during the recent tech stock rout SoftBank has experienced a stock value decline of $15 billion.
The US Stock market ended Tuesday's trading with a decline, which was fuelled by a larger tech stock sell-off.
The Russian Finance Minister Anton Siluanov announced on Tuesday that Russia's gross domestic product is expected to decline by approximately 4% in 2020.
On Tuesday, Ryanair launched an 850M euro ($1B) bond sale. The company hired BNP Paribas, Citi and Barclays for the trade.
According to sources with knowledge of the matter, Germany's Chancellor Angela Merkel has rejected the possibility to halt the Nord Stream 2 pipeline project.
Shares of Nikola soared more than 30% on Tuesday after General Motors announced that it was buying an 11% share in Nikola.
Boeing revealed on Tuesday that it had received 17 airplane order cancelations in August, which brought the total for this year to 445.
On Tuesday, Uber announced that it would provide 800 million USD for their drivers to switch to electric vehicles by 2040.
During Tuesday's trading hours, crude oil prices dropped below the $40 level. The price decline was caused by a reduction of prices done by Saudi Aramco.
On Tuesday, the Nasdaq Composite declined another 3%, as fresh tensions between Washington and Beijing weighed on the global equity markets.
On Tuesday, global equities and crude oil prices edged lower, as concerns over Brexit trade talks and the US-China tensions weighed on the market sentiment.
The US Senate Majority Leader Mitch McConnell announced on Tuesday that the US Senate would vote on coronavirus aid package this week.