Buyout company Apollo Global Management invested $1.75B in Albertsons Companies, indicating confidence in the US supermarket chain, whose fortunes picked up during the crisis.
Norway's oil production grew 4.5% month-over-month to 1.78M bpd in April, beating official forecasts, the Norwegian Petroleum Directorate stated.
The Polish government approved regulations aimed at prevent non-EU investors from taking over firms cheaply that Poland considered strategic for the economy.
Harley-Davidson Inc is set to reopen factories this week at diminished production rates and send fewer motorcycles to its dealers in the US, the WSJ reported.
Xiaomi Corp reported a 13.6% increase in Q1 revenue, thanks to higher sales of phones, including higher-priced 5G models.
Euro zone yearly inflation rate was revised down to 0.3%, as energy prices declined more than anticipated, final data released by Eurostat revealed.
On Wednesday, the food giant Nestle announced about its plans to invest $103.58M into building a plant-based food facility located in China, as the Swiss group seeks to expand its footprint in the Asian country.
Walmart's stores and online sales surged to their record in Q1, driven by higher demand for cleaning supplies and food that grew during the lockdowns, sending the company's shares up 3.4%.
Britain's Rolls-Royce is planning to slash at least 9K jobs, which is over a sixth of the company's workforce, in the air travel slump caused by the coronavirus pandemic.
The Chinese smartphone maker Xiaomi Corp reported on Wednesday its Q1 revenue rose as much as 13.6%, despite falling demand for its phones due to the coronavirus crisis.
On Wednesday, the European Securities and Markets Authority stated that companies should provide coronavirus impact assessments in their half-year reports.
On Wednesday, Alibaba Group Holding stated it would invest $1.41B into a system of artificial intelligence and Internet of Things for its smart speaker Tmall Genie, as the e-commerce giant pushes into new tech and business sectors.
Johnson & Johnson will stop its talc Baby Powder sales in Canada and the United States, as demand plunged due to "misinformation" over its product's safety, with the company facing over 19K lawsuits from consumers.
Facebook Inc is set to launch a new feature called Shops, a shopping service that allows businesses to sell products on the biggest social network platforms in the world, its CEO Mark Zuckerberg stated.
The world's largest personal computer maker Lenovo Group posted a deep fall of 64% in its Q4 profit to $43M amid disruptions triggered by the coronavirus pandemic, but still beat analysts forecasts.
Shares of US airlines soared on Tuesday after major US airlines and the Canadian Airlines reported fewer ticket cancellations.
According to a Reuters survey, published on Tuesday, Mexico's annual inflation accelerated in early May due to a surge in the cost of some foodstuffs and gasoline.
According to preliminary data, released by the Russian Federal Statistics Service on Tuesday, Russia's economic growth slowed to 1.6% in the Q1.
On Tuesday, Ecuador's President Lenin Moreno announced a new cut on public spending by $4B, as the Latin American nation faces a fresh debt crisis.
On Tuesday, Microsoft Corp announced it would roll out an updated version of the cloud software modified to suit healthcare organisations' needs.
The Asian Development Bank approved a $300M loan to Pakistan to help the country combat the COVID-19 pandemic, a statement issued by the bank shows.
The German auto-parts supplier Continental issued €1.5B worth of debt to increase liquidity reserves, a statement published by the company shows.
UK unemployment claims soared by 69.1% in April, compared to the prior month, a statement published by the Office for National Statistics shows.
German economic sentiment improved in May, compared to the prior month, data published by the Leibniz Centre for European Economic Research show.