On Wednesday, the US-Israeli mobility technology firm Optibus announced it had attracted $40M in a private round of funding led by the private equity fund Insight Venture Partners.
Samsung Electronics is planning to shut down its mobile phone manufacturing factory in China's Tianjin amid plunging sales in the world's largest smartphone market, as competition with the local lower-cost rivals rise.
ABB has entered talks with the Japanese group Hitachi over the Swiss engineering firm's power grid business it is considering to sell, as the company seeks focusing on more profitable subsidiaries.
On Wednesday, the Federal Communications Commission voted on the US media ownership rules new review opening to consider ending the ban on merger deals among the country's biggest broadcast networks.
On Wednesday, BHP stated it had called off the sale of Chile's copper mine Cerro Colorado, valued at $320M, to the private equity group EMR Capital due to financing problems.
Parker Drilling, the oilfield services provider, announced it had filed for the Chapter 11 bankruptcy on Wednesday under the deal with the debtor group that would allow its quick reorganisation.
The German government is in the process of negotiating a possible merger between Commerzbank and Deutsche Bank. The market started buying DB stock, as the Deutsche Bank's performance has been lacking since the crash of 2008.
As the confidence vote approached in the UK Parliament, betting odds at bookmakers indicated a 60 to 89 percent chance that Theresa May will win the confidence vote.
On Wednesday, as the confidence vote on Theresa May was set to take place between 18:00 and 20:00 GMT, the Prime Minister announced that she has secured at least 185 votes, which are enough to win the vote.
On Wednesday the US Ambassador to the WTO announced that the proposals to reform the World Trade Organization will not deal with problems identified by the United States.
After another red session on Tuesday, on Wednesday US stock market indices opened one percent higher than the previous close. Although, it was still far away from the previous month's average levels.
On Wednesday, the warring parties in Yemen agreed upon reopening Sanaa airport. Moreover, the conflicting sides intend to reopen the city's port.
Jin Jiang International-led consortium signed a deal to acquire the rest of stake in the Swedish hotel chain Radisson Hospitality for $774.3M, it announced on Tuesday.
On Wednesday, Spain's Liberbank and Unicaja confirmed they had entered talks over a potential merger deal, sending their shares up on the news.
Goldman Sachs, the investment bank, has purchased a minority stake in the Dogan Holding real-estate unit Hurriyet Emlak; however, the takeover deal is still a subject to a competition approval.
CVC Capital Partners is seeking to buy back Sweden's Ahlsell, two years after its initial public offering, valuing the construction tools and products distributor at around $2.65B.
Salini Impregilo, the Italian construction company, could tie up with its Italian partners in a bid or the struggling builder Astaldi, the group's CFO stated.
Britain's private equity firm Apax is set to acquire Trade Me Group, the New Zealand key online marketplace, in a deal valued at $1.8B, after matching the rival offer.
The British unit of the South African group Famous Brands, Gourmet Burger Kitchen, shut down 14 of its underperforming stores after its creditors had approved the restructuring plan.
Quaker Chemical has received the EU antitrust approval to acquire Houghton International, owned by Hinduja Group, saying the deal could trim competition in some of the markets.
The Prime Minister of the United Kingdom announced on Wednesday that she will fight for her post. Moreover, the PM issued a warning that a Brexit deal is in peril.
On Wednesday, German officials announced that a fatal helicopter crash in Mali was caused by an Airbus staff error.
Two British supermarkets Sainsbury's and Asda called for more time to consider and provide all evidence in the launched competition probe into their merger deal.
On Wednesday, the business daily Kommersant reported that negotiations on a potential deal between Gazprom and Royal Dutch Shell to swap assets had been suspended.