On Wednesday, The We Company has launched a real-estate investment platform worth $2.9B called Ark with intention to develop and acquire the commercial properties across the world.
Singapore's real estate company City Developments announced on Wednesday it was planning to make a $1.0B investment in China, including the acquisition of the Sincere Property Group's indirect stake.
Centrais Eletricas Brasileiras, Brazil's state-owned power holding firm, is planning a sale of 45 stakes in windfarms and other companies in this year's second half, the CEO Wilson Ferreira Jr. stated.
UniCredit is preparing to make a possible bid for the German lender Commerzbank by luring bankers into an investment, including the former key German official, sources reported on Wednesday.
On Wednesday, Australia's St Barbara gold miner announced it would acquire Canada's peer Atlantic Gold in a deal valued at C$722M, a second foreign acquisition for the cashed-up Australian producers.
The world's largest retailer Walmart is considering to launch an initial public offering for its UK supermarket arm Asda, after the British regulator blocked Asda's attempt to merge with its competitor Sainsbury's last month.
Crude oil prices remained stable on Wednesday, as data showed a shock rise in the US oil stockpiles. However, the price was supported by tensions in the Middle East.
On Wednesday, the Saudi Arabian government announced that armed drones attacked two of its oil facilities. The attacks took place against a backdrop of US-Iran tension.
On Wednesday, shares in Asia bounced from a three-and-a-half month low, as the US President Donald Trump seems to desire a compromise helped ease concerns about the China-US trade war.
Apple's supplier Japan Display was considering slashing about 1K jobs, or about a 20% of the company's parent-only workforce, eyeing a bailout from consortium of China and Taiwan, the Nikkei reported.
China reported surprisingly slower growth in retail sales and industrial production in April, reinforcing anticipations that Beijing would need to roll out additional stimulus measures, as the trade war with the US escalates.
United Company Rusal reported that its first-quarter net profit halved year-over-year, as depressed global prices and lingering effects of the US sanctions hit the aluminum giant.
Ralph Lauren beat its quarterly profit estimates, benefiting from higher demand, though weak sales in North America disappointed investors, sending shares 8.2% down.
Norway is likely to spend more than preliminary planned from the country's sovereign wealth fund this year, the government stated, raising the likelihood for interest rate increase.
India's automobile sector kept weakening for the fifth month in succession in April with 20% decline in car sales and 16% fall in two-wheeler sales, compared with the same month last year.
The climate cabinet of the German government held ntense discussions over the country's path towards its climate neutrality to be reached by 2050, Chancellor Angela Merkel stated.
Microsoft is set to invest $100M to open an African technology development hub with sites in Nigeria amd Kenya in the next five years, the company stated on Tuesday.
Nissan Motor stated that the company's net profit for the fiscal year through March declined to the nine-year low amid sluggish sales in the US and compounded by a lingering scandal involving Carlos Ghosn.
Vietnam imported almost 2M tons of plastic worth nearly $2.9B in the first four-month period of 2019, gaining respective year-over-year rises of 14.7% and 3.9%.
Growth in Italy's bank lending to non-financial companies and households weakened in April, while the loans' cost remained stable, banking lobby ABI stated on Tuesday.
Alphabet's Google is set to start featuring advertisements on the homepage of its smartphone app and mobile website later in 2019, giving the company a large new ad slots' supply to increase revenue.
The Euro zone's industrial output declined in March for a second month in succession, as production declined in Italy and France, but recovered in Germany, data from Eurostat revealed on Tuesday.
The US import prices grew less than anticipated in April, as rises in the cost of food and petroleum were tempered by the biggest decrease in the capital goods' price in the 10-year period, suggesting inflation is likely to remain tame.
Walt Disney has signed an agreement on Tuesday to assume the full operational control over Hulu from Comcast Corp, effective immediately, Disney announced in a statement.