Ride-hailing application Uber is set to spend $40M in the next five years to open the third support centre in Latin American city Bogota in September, creating 600 jobs, the company stated.
Brazil's Natura stated that it reached an agreement to acquire rival Avon Products via its share swap, creating the fourth-largest beauty company focusing on direct sales, with investors cheering consolidation putting shares in both firms 9% higher.
Activity in the Japanese manufacturing sector swung back into contraction this month, as export orders declined at their fastest pace in the four-month period, underlining why investors and policy makers remain anxious over the rising economic impact of the Sino-US trade war.
The UK employers offered their staff pay increases averaging 2.5% within wage settlements in the three-month period to April, industry data revealed, matching the prior trend seen in 2019.
Germany's financial markets watchdog ordered N26 to take some measures against money laundering, including catching up on the backlog of IT monitoring and reidentifying existing customers.
Apple stated its browser engine Webkit is likely to launch a new feature for tracking advertising clicks and clarifying whether they lead to purchase of a product.
IBM and Cera Care announced plan for a pilot to test to clarify whether lidar laser sensors could enable elderly people to remain in their houses for longer - without compromising their privacy.
The German cabinet adopted its plans to provide €40B of financial aid to federal states going through the structural changes necessary to reach its planned phase out of coal in 10 years.
The UK chip designer ARM halted its relations with Huawei in order to comply with the US blockade of the firm, potentially crippling the China's company's ability to produce new chips for future smartphones.
The UK inflation increased at a yearly 2.1% pace less than the Bank of England and investors expected in April, though still hit the highest level in 2019, supported by a growth in energy bills, the ONS stated.
The average property price in the United Kingdom fell slightly 0.2% to $287.3K in March this year, compared with the prior month, the Office for National Statistics said.
Japan reported that its trade surplus tumbled 90.3% year-on-year to $546M in the reported month, due to falling exports amid lingering global trade issues, the country's government stated.
Austria's Raiffeisenbank is seeking to clinch acquisition deals in Croatia as its organic growth alone would not be sufficient to bolster the company's market share, CEO of the bank's Croatia unit stated on Wednesday.
The Italian antitrust regulator has imposed three-year-long restrictions on Sky's Italy unit, banning it from sharing exclusive contents on the company's online service platform of video-streams due to the Mediaset pay-TV deal.
Ford Motor has partnered with the developer of the walking robot, Agility Robotics, aiming to help its automotive delivery vans drop the packages at the homes' doorsteps.
On Wednesday, Canopy Growth announced it would acquire the skincare firm This Works in a deal valued at $55.2M, adding sleep and beauty products to the Canada weed producer's cannabis oil, medical capsules and hemp portfolio.
The EU largest copper smelter Aurubis announced on Wednesday it agreed to acquire the Belgian-Spanish recycling firm Metallo Group in a $424M deal.
The US Justice Department's antitrust unit staff is recommending to block the T-Mobile's $26B worth takeover of the smaller competitor Sprint, according to sources reporting on Wednesday.
Pret A Manger acquire its smaller competitor EAT, the UK coffee and sandwich shop chain, seeking to capitalise on the vegetarian and vegan market via its Veggie Pret unit.
Sony is seeing the mobile device business as indispensable to the company's brand portfolio, its Chief Executive Kenichiro Yoshida stated on Wednesday, refusing investor calls that the Japanese group should scrap the struggling business.
Germany's payments firm Wirecard stated on Wednesday it was planning to team up with India to ease the tax ID cards issuing process required to open a bank account, transfer money or finalise business transactions.
The UK largest mobile operator EE is set to roll out the 5G services already next week, not planning to offer its customers Huawei handsets due to the US trade restrictions imposed by Washington, which made the company's future unclear.
Nuvei, the US payments technology company, stated it would acquire Britain's SafeCharge International Group in the all-cash deal worth $889M, as the company sought to expand its footprint in the electronic payments industry.
On Wednesday, SoftBank's budget mobile brand Ymobile stated it would postpone the rollout of the Huawei P30 Lite phone due to the US trade restrictions imposition on the Chinese producer.