Global markets are up on the news that the U.S. will delay by two weeks the tariff increases it has in store for Chinese products. The Trump administration's move follows China's decision to waive tariffs on selected U.S. goods. The expressions of good will may have something to do with both countries' weak economic data. CNN
As markets wait for the European Central Bank to unveil an anticipated stimulus plan today, some unwelcome news on the industrial output front: production in the Eurozone fell by more than expected in July—its second month of contraction. On the plus side, June's production drop has been revised, ending up at 1.4% rather than 1.6%. Reuters
Oracle co-CEO Mark Hurd is taking a leave of absence for health reasons. Founder and CTO Larry Ellison will step in to handle his responsibilities. Oracle's stock dropped in extended trading following the news. CNBC
OxyContin maker Purdue reached a tentative settlement yesterday that would involve a structured bankruptcy and the payout of as much as $12 billion, a quarter of which would come from Sackler pockets. But states such as Connecticut, Iowa, New York and Wisconsin aren't on board, so even if the deal is finalized, it doesn't end the matter. AP
Two decades after big data entered the lexicon, many companies are still not making the most of their analytics, according to a Deloitte study. Those with a holistic model where all employees are responsible for data are more likely to exceed goals.
AROUND THE WATER COOLER
The U.K. government is reportedly cool on the idea of Hong Kong Exchanges & Clearing buying the London Stock Exchange, because of the importance of the latter to the British financial infrastructure. U.S. regulators are apparently also likely to express concerns over the deal, should it proceed, as the London exchange has employees in major American hubs. But will it proceed at all? Initial signs say no. Wall Street Journal
The Hong Kong IPO of brewing giant AB InBev's Asia Pacific unit is apparently back on. A couple months back, AB InBev scrapped its plan to raise up to $9.8 billion in the flotation. Now "people with knowledge of the matter" say the IPO is scheduled for later this month, with the aim of raising around $5 billion. Reuters
The Pentagon is reportedly drawing up a list of Chinese firms with military ties, in order to stop them getting their hands on sensitive U.S. tech and to keep them out of American military supply chains. Financial Times
One of the world's more flamboyant CEOs, Zozo's Yusaku Maezawa, is stepping down as he sells his 30% stake to Yahoo Japan in a deal worth $3.7 billion. The online fashion retailer has recently seen its share price fall dramatically following experiments with things like custom-fit clothing. Internationally, the former punk drummer is best known for signing up to be SpaceX's first moon tourist and paying $110 million for a Basquiat. BBC
This edition of CEO Daily was edited by David Meyer. Find previous editions here, and sign up for other Fortune newsletters here.