On July 2, 2018, Best Buy announced it was cutting the amount of store space devoted to selling physical music, citing the popularity of streaming services as having reduced sales.
On 8 July 2018, Erdogan sacked 18,000 officials for alleged ties to US based cleric Fethullah Gülen, shortly before renewing his term as an executive president. Of those removed, 9000 were police officers with 5000 from the armed forces with the addition of hundreds of academies.
After eight days of transfer speculation concerning Italian club Juventus, on 10 July 2018, Ronaldo signed a four-year contract with them after completing a €100 million transfer, which included an additional €12 million in other fees and solidarity contributions to Ronaldo's youth clubs. The transfer was the highest ever for a player over 30 years old, and the highest ever paid by an Italian club.
On July 11, 2018, news outlets reported that during a conference call with Papa Johns' marketing agency Laundry Services, Schnatter had used the word "nigger" by saying "Colonel Sanders called blacks niggers and Sanders never faced public backlash." Schnatter alleged that referencing the quote by the KFC founder was meant to convey his dislike for racism. After the call, the owner of the marketing agency moved to end their contract with Papa John's. Schnatter resigned as chairman of the board on the same day the incident was reported.
In July 2018, the UK government published the Chequers plan, its aims for the future relationship to be determined in the negotiations. The plan sought to keep UK access to the single market for goods, but not necessarily for services, while allowing for an independent trade policy. The plan caused cabinet resignations, including Brexit Secretary David Davis and Foreign Secretary Boris Johnson.
FARC dissidents are a group formerly part of the Revolutionary Armed Forces of Colombia, who have refused to lay down their arms after the FARC-government peace treaty came into effect in 2016. On 15 July 2018, the Colombian and Peruvian governments launched a joint military effort known as Operation Armageddon to combat FARC dissidents. Peru issued a 60-day state of emergency in the Putumayo Province, an area bordering both Colombia and Ecuador. On the first day alone, more than 50 individuals were arrested in the operation, while four cocaine labs were dismantled. The group has attempted to recruit locals in the Putumayo Province in Peru to take up their cause.
After Trump met Putin at the Helsinki Summit on July 16, 2018, Trump drew bipartisan criticism for siding with Putin's denial of Russian interference in the 2016 presidential election, rather than accepting the findings of the United States intelligence community.
On July 18, Facebook established a subsidiary named Lianshu Science & Technology in Hangzhou City, China, with $30 million of capital. All its shares are held by Facebook Hong. Approval of the registration of the subsidiary was then withdrawn, due to a disagreement between officials in Zhejiang province and the Cyberspace Administration of China.
A series of wildfires in Greece, during the 2018 European heat wave, began in the coastal areas of Attica in July 2018. As of May 2019, 102 people were confirmed dead. The fires were the second-deadliest wildfire event in the 21st century, after the 2009 Black Saturday bushfires in Australia that killed 180.
On July 26, Facebook became the first company to lose over $100 billion worth of market capitalization in one day, dropping from nearly $630 billion to $510 billion after disappointing sales reports.
On July 26, 2018, John Schnatter filed a lawsuit against Papa John's Pizza to give him access to the company's books and records after they fired him from the company after the teleconference call scandal. He describes the company's procedures as an "unexplained and heavy-handed way" to cut ties between him and the company that he founded. In addition to preventing him from accessing information, the corporation has also implemented a poison pill strategy in order to limit Schnatter's chances of buying back a majority stake in the company.