Starbucks' sales in China increased 6% in the second quarter of 2019 and net income reached $1.3B for Asia-Pacific region, the Starbucks CEO and President Kevin Johnson says.
The French President Emmanuel Macron plans to meet with Britain's new Prime Minister Boris Johnson to discuss ties between the two countries after Brexit.
Google's parent company Alphabet revenue increased 19% to $38.94B in the second quarter of 2019, compared to the same period in 2018, exceeding market expectations, the company reports.
Beijing's foreign trade expanded 6.8% to $201B in the first half of this year, compared to the same period the prior year, the Beijing Customs Office reports.
Intel Corporation's revenue declined 3% in the second quarter of the current year to $16.5B, compared to the same period in 2018, the Intel CEO Bob Swan says.
China plans to expand investment in small and medium-sized enterprises in Saudi Arabia, the Chairman of the Council for Promoting South-South Cooperation Lv Xinhua says.
Employment in Singapore expanded at a slower pace in the second quarter of 2019, compared to the first quarter of 2019 and the same period in 2018, Singapore's Ministry of Manpower says.
The US Secretary of State Mike Pompeo plans to visit Thailand, Micronesia and Australia in the beginning of August, the State Department reports.
Macao's unemployment rate remains unchanged at 1.7% in the second quarter of 2019, compared to the first quarter of 2019, the administrative region's statistic service reports.
Argentina's economic activity expanded 2.6% in May, compared to the same period in 2018, the first expansion in over a year, the National Institute of Statistic and Census reports.
The Moroccan government forecasts an economic expansion of 3.7% in 2020, an increase from a 2.9% growth forecast for 2019, the Minister of Finance Mohamed Benchaaboun says.
Portuguese startups have generated €2.2B in sales of goods in 2018, a 1.1% of the total economic activity, the Portuguese Minister of Economy Pedro Siza Vieira says.
The US economy expanded 2.1% in the second quarter of 2019 after a 3.1% expansion in the first quarter of the same year, the US Department of Commerce data shows.
Apple plans to purchase Intel Corporation's smartphone modem unit for $1B to facilitate production of its own 5G modem for next generation smartphones, the company reports.
Amazon's sales increased 20% to $63.4B in the second quarter of 2019, compared to $52.9B the same period the previous year, the Chief Financial Officer Brian Olsavsky says.
John Glen, the UK Economic Secretary to the Treasury, has retained his position after the new British Prime Minister Boris Johnson reshuffled ministerial roles.
The US Commerce Department announced on Friday that the US GDP product increased at 2.9% in 2018, which missed the Trump administration's 3% target.
According to a source with knowledge of the matter, Italy has hired Deloitte consulting firm as its financial adviser to create five hundred-million-euro real estate fund, which will be called Dante.
On Friday, the British Prime Minister Boris Johnson told Germany's Chancellor Angela Merkel that the European Union must abandon the Irish backstop if it wants Brexit deal.
John Glen, the UK Economic Secretary to the Treasury, has retained his position after the new British Prime Minister Boris Johnson reshuffled ministerial roles.
Twitter Inc shares edged higher by 10% on Friday, after the company announced a better than forecast Q2 earnings.
France's Societe Generale has agreed to sell its trailer and truck rental firm PEMA to the infrastructure investment group I Squared Capital's division, as SocGen is moving towards its restructuring plan, which is aimed at selling the non-core assets.
On Friday, Twitter In posted better than forecast second quarter earnings. The event caused a surge of five percent.
On Friday, Huawei Technologies has launched the first 5G smartphone in China, adding it would soon roll out smart TVs that are equipped with Huawei's Hongmeng operating system.