European Union officials on Wednesday revealed that the bloc is working on short-term measures to solve possible issues with financial services, air traffic and trade in case of a no deal Brexit in March.
On Wednesday, the Italian sovereign debt bond yields declined, as the country made a budget deal with the EU. It indicates that the risk premium is declining, as it is more likely that the country will responsibly repay their debt.
On Wednesday, the European Commission announced that it reached a compromise with the Italian government about the country's 2019 fiscal budget.
Although the immigration status of EU migrants was already arranged with the EU in Theresa May's Brexit deal, the Prime Minister on Wednesday made a contradicting announcement. Namely, that net migration will be reduced to tens of thousands.
Facebook Inc on Wednesday announced that Facebook did not give user data to various companies without the permission of the users. The announcement came in the aftermath of New York Times revealing that Facebook allowed Microsoft's Bing to access all user's friends without consent from the users.
On Wednesday, Reuters revealed that Renault-Nissan executives worked on a plan to pay out the ex-Chairman's compensation through Dutch holding companies.
Throw-away plastics, such as polystyrene cups, straws, are expected to be banned in the EU by 2021, EU officials agreed, passing measures to diminish plastic use, aiming to reduce marine litter.
Royal Dutch Shell agreed to acquire a 49% stake in Asia-focused company Cleantech Solar, the energy firm's second investment in solar powerin 2018.
Cheaper petrol, video games helped to push the UK inflation rate to the lowest level since 2017 last month, official data revealed, suggesting some relief to consumers.
FedEx stated that slashed the forecast for 2019 after the EU economy weakened and the US trade row exacerbated China's slowdown, sending the company's shares more than 6% down.
On Wednesday, Estonian police arrested 10 people who worked in Danske Bank's local branch in 2007-2015, suspecting that they were connected to money laundering scheme amounting to $229B.
The Trade Minister of Turkey Ruhsar Pekcan stated on Wednesday that the country won its first claim at the World Trade Organization (WTO) related to tariffs on steel imports imposed by the United States.
On Wednesday, Japanese Taisho Pharmaceutical Holdings made an offer to Bristol-Myers Squibb to sell its French OTC medicine business UPSA for $1.6B.
The UK Prime Minister Theresa May stated on Wednesday that she would try persuade Northern Ireland, Wales and Scotland to listen to arguments of British businesses and back her Brexit deal.
On Wednesday, the Central Bank of Singapore has issued a lifetime banned to former Goldman Sach's banker Tim Leissner.
On Wednesday, the Indian Federal Regulator would take Johnson & Johnson's baby powder samples for testing.
On Wednesday, the US Federal Reserve is expected to hike interest rates, as the Fed Chairman Jerome Powell is scheduled to hold a press conference half an hour later.
Tesla's CEO Elon Musk has unveiled his company's first completed 1.14-mile route tunnel in Hawthorne, Los Angeles.
After declining for three consecutive trading sessions oil prices slightly recovered on Wednesday. The recovery was considered normal after the previously experienced sharp drop.
Market participants were expecting the Federal Reserve rate hike, which the market consensus forecasted to occur at 19:00 GMT. The hike was set to increase the value of the US Dollar.
On Wednesday, the share price of SoftBank plummeted after the IPO of the bank. Namely, the stock price declined by 12%.
On Wednesday, it was revealed that the Elon Musk's Boring Copany will reveala new Los Angeles area tunnel.
The US chipmaker Micron Technology announced quarterly profit and sales forecasts well below Wall Street expectations, citing a memory chips' market glut, as consumer and business demand for computers and phones was weakening.
The Japanese export growth weakened to a crawl last month, as shipments to China and the US fell sharply, suggesting slowing external demand.