United Wholesale Mortgage announced plans to go public by merging with SPAC Gores Holdings in a deal, which will value the wholesale lender at $16.1B.
The head of the US Centre for Disease Control and Prevention Robert Redfield stated on Wednesday that US citizens would be vaccinated against the coronavirus by July.
On Wednesday, the Prime Minister of Canada Justin Trudeau revealed that his government would reveal a new economic revival plan.
During Wednesday's US trading hours, stock prices declined and the US Dollar surged in value, as an asset sell off occurred.
GSMA has postponed the biggest annual gathering in the telecoms industry, the Mobile World Congress Barcelona, until the next year's late June due to the coronavirus pandemic.
Europen Union's antitrust regulators prolonged the inquiry into Fitbit, the Google-owned fitness tracker maker, to December 23, the EU Commission stated on Wednesday.
JPMorgan Chase is eager to transfer about £184B of its assets to Germany from the UK due to Britain's withdrawal from the EU bloc, Reuters reported on Wednesday.
On Wednesday, the Chinese group Zhejiang Geely Holding has launched the first electric car-focused platform aimed at enabling the automakers to roll out new models moe efficiently.
Alexander Klabin, the hedge fund manager, is set to make an investment in Sotheby's, the global art auction house, becoming its art financing business's executive chairman, the company announced on Wednesday.
China's Ant Group is nearing its initial public offering worth $35B by submitting documents for its Shanghai IPO portion's registration, according to Reuters.
On Wednesday, Amazon.com has launched its new climate-friendly programme to assist customers to shop for sustainable products, on the back of the online retailer's commitment to becoming net carbon neutral.
Volkswagen's commercial truck unit Traton will partner with TuSimple, the self-driving technology start-up, over the autonomous truck development, both firms said on Wednesday.
On Wednesday, global stock indices surged, as Tuesday's gains in tech stocks had started a buying spree.
On Wednesday, shares of Sony Corp plunged 2% after Microsoft Corp announced its acquisition of ZeniMax Media, the games publisher Bethesda Softworks's parent, in a deal aimed to boost its games slate amid cloud gaming expansion.
KKR & Co, the US private equity firm, is planning to make an investment worth $755.09M in Reliance Industries's retail arm that will translate to a 1.28% stake in Retail Ventures, according to the Indian conglomerate.
Nike beat expectations for its quarterly revenue and profit results, driven by Air Max sneakers' online sales in North America, and sending the company's shares up 13% on Wednesday.
On Tuesday, an Intel spokesperson said that Intel Corp had acquired US licences to supply some products to Huawei.
Turkey's presidency said in a statement on Tuesday that Greece and Turkey have agreed to resume exploratory discussions over maritime boundaries.
Charles Michel, the European Council President, has postponed the EU leaders summit to October 1-2, after going into quarantine.
On Tuesday, the Federal Reserve Bank of Chicago President Charles Evans said that the US economy risks a slower and longer recovery without fiscal aid.
Delta Air Lines postponed its pilot furlough decision until November 1, the pilot union reported on Tuesday.
On Tuesday, Ralph Lauren announced 15% global job cuts by the current fiscal year's end as the luxury brand aims to reduce its costs and cope with the impact on its sales triggered by the COVID-19 pandemic.
Ford Motor is planning an investment worth $1.46B in its Canadian factories, Windsor and Oakville, as part of its deal with the country's Unifor union.
On Tuesday, Reuters revealed that its source had reported that Siemens evaluates Siemens Energy at 17 billion Eur.