Here are the top 10 business news from around the world:
- Global stock markets experience fluctuations due to COVID-19 pandemic.
- Tesla becomes the world’s most valuable carmaker, surpassing Toyota.
- Amazon, Apple, Facebook, and Google CEOs testify before US Congress on antitrust concerns.
- Microsoft acquires gaming company ZeniMax Media for $7.5 billion.
- TikTok faces potential ban in the US due to national security concerns.
- Airbnb files for an IPO despite the pandemic’s impact on the travel industry.
- Chinese economy shows signs of recovery with a 3.2% GDP growth in Q2 2020.
- The European Union agrees on a historic €750 billion stimulus package to aid member states affected by COVID-19.
- The United States reaches a $1.5 billion settlement with German automaker Volkswagen over emissions scandal.
- Indian government bans 118 Chinese apps, including popular game PUBG, citing national security concerns.
