Uber announced on Wednesday that it was ready to launch JUMP Bikes, a sharing service of electric bicycles, in the European market.
The Euro surged to a ten-day high of 1.1747 on Wednesday in response to a hawkish comment made by the ECB Chief Economist Peter Praet about strong inflation prospects.
On Tuesday, International Paper has confirmed it would not bid for the Irish packaging firm Smurfit Kappa due to the lack of Smurfit management's engagement.
Northrop Grumman, the US defence contractor, has gained the antitrust approval from the United States to acquire Orbital ATK, the rocket motor supplier, the FTC reported on Tuesday.
On Wednesday, the newspaper publisher Tronc's top shareholder has terminated the company's stake sale to McCormick Media, after the investor firm had breached its obligations.
UBS Group has hired the former Deutsche Bank's managing director to lead its US consumer and retail mergers and acquisitions, the Swiss bank announced on Tuesday.
America Movil, the Mexican telecommunications firm, is set to launch a US-based unit aimed at business customers to offer communications and information technologies, according to the company's website.
Microsoft has decided to expand the programme designed to boost hiring of women who seek returning to work on the back of a surge in complaints over gender discrimination and sexual harassment at the company.
Six new Chinese mutual funds are to be launched next Monday to place China Depository Receipts issued by the country's tech companies, as reported by the Shanghai Securities News.
The British chip manufacturer Arm Holdings is set to sell 51% stake in Arm Technology China to a consortium owned by Hou An Innovation Fund for $775M.
The CEO of Tesla Inc Elon Musk said reaching the Model 3 production target of 5k cars a week until the end of June was ‘quite likely', as the current capacity was 3.5k vehicles.
Employees of Centrale Danone in Morocco protested against job loss late on Tuesday, thus adding pressure to the company which is already suffering from consumer boycott.
Facebook stated that the company had partnerships of data sharing with at least four China'companies, including the third biggest smartphone maker Huawei.
The Governor of Russia's Central Bank Elvira Nabiullina stated that the Bank is set to complete the cycle of cutting rates and switch to a neutral monetary policy.
Inflation-adjusted real wages of Japan's workers were unchanged in April, suggesting that consumer spending is likely to lose momentum.
The Australian Bureau of Statistics stated that the country's GDP expanded 1% in the Q1, above expectations for a 0.9% growth, following an upwardly revised 0.5% in the prior quarter.
Global stocks continued to surge on Tuesday. Namely, an appreciation in tech stocks caused the Nasdaq index to hit a record high.
The President of the US is set to hold talks with trade advisers about the $70B trade offer made by Beijing.
The government of the United States on Tuesday issued a warning to global governments and the corporate sector that it will crack down on all Iranian efforts to support terrorism.
The Prime Minister of Iraq on Tuesday announced that there were violations in the parliamentary elections of the country.
Britain sold 7.7% of its stake in Royal Bank of Scotland, which was rescued by the country in the financial crisis, but took a more than $2.68B loss on the deal.
Samsung Life Insurance put City of London headquarters of Commerzbank AG up for sale for about $570M, sources familiar with the matter stated.
Larry Kudlow, the White House economic adviser, stated that the US President Donald Trump may look forward to separate talks with Mexico and Canada, aiming to get individual deals.
The Institute for Supply Management reported that the US Non-Manufacturing PMI increased to 58.6 in May from 56.8 in the previous month.