On Wednesday, Asian stocks surged to a 7-month high, MSCI's index gained 0.30%, Japan's Nikkei nudged higher, while the Australian benchmark index rose by 0.80%.
The Bloomberg News reported on Tuesday that the US is considering further sanctions on Venezuela to halt fuel transactions.
According to people familiar with the matter, Elon Musk's private rocket company SpaceX raised $1.9B in new funding.
The Japanese government data showed on Wednesday that Japan's exports fell by 19.2% in July.
On Tuesday, Home Depot's sales soared by 23.4% to a record $38.05 billion in the quarter ended August 2, as demand for DIY products surged.
The US Commerce Department announced on Tuesday that the US housing sector accelerated by 22.6% in July, the biggest increase since October 2016.
On Tuesday, S&P Global has downgraded Accor's credit rating to BB+ from BBB- and left it with a negative forecast.
The British retailer Marks & Spencer announced on Tuesday that it would cut additional 7,000 jobs.
The Bank of America published on Tuesday survey results, which revealed that 46% of investors are bullish, compared to 40% a month prior.
On Tuesday, Home Depot announced higher than forecast quarterly earnings, as consumers did more housework during the ongoing pandemic.
The rating agency S&P Global announced on Tuesday that Chinese economic recovery is at risk from rising real interest rates.
On Tuesday, Electrolux revealed that the company's COO Jan Brockmann had decided to leave the company.
It was revealed by Reuters on Tuesday that the new US sanctions are likely to cut off Huawei from even off-the-shelf chips.
On Tuesday, the Norwegian sovereign wealth fund announced a loss of $21.27 billion during the first half of 2020.
The German engineering association VDMA revealed on Tuesday that German engineering exports had fallen by 22.9%.
During Tuesday's European trading hours, global stock indices declined, as an increase of coronavirus cases and US stimulus deadlock paused buying.
On Tuesday, crude oil prices held onto previous day's gains, as OPEC+ announced that members were almost complying with output cuts.
Asian shares edged higher on Tuesday, MSCI's index gained 0.19%, Japan's Nikkei dipped by 0.52%, while The Australian benchmark index rose by 0.12%.
On Monday, the Canadian Minister of Finance Bill Morneau resigned amid a disagreement with Canada's Prime Minister Justin Trudeau.
According to the Financial Times report published on Monday, Oracle Corp has opened a preliminary discussion with ByteDance to acquire TikTok.
On Monday, Epic Games asked a judge to block Apple's removal of Fortnite game from its app store.
On Monday, a federal US court overturned a $21 million Tiffany & Co case against the Costco Wholesale Corp.
EasyJet announced on Monday that the company would close three of its bases that are located in the United Kingdom.
The world's second largest spirit manufacturer Diageo announced on Monday that it would buy Aviation Gin in a deal valued at $610 million.