Toys ‘R' Us being bankrupt was preparing to close or sell all 885 stores in the US, risking nearly 33K jobs, as it failed to reach an agreement on restructuring billion-dollar debts.
Samsung stated that it would start building the company's new memory chip line in China later this month, strengthening efforts to boost NAND technology to meet demand further.
The WTO Director-General Roberto Azevedo reported on Wednesday that the Brazilian government told him that it had not responded to US steel and aluminium tariffs yet.
On Wednesday, the Republican US Senator Rand Paul reported that he would oppose the US President Donald Trump's nomination of the CIA Director Mike Pompeo as the new Secretary of State.
Major US stocks plunged on Wednesday after the US President Donald Trump said he would impose new tariffs on China, intensifying trade war worries.
Chipotle Mexican Grill reported that its Chief Marketing and Strategy Officer Mark Crumpacker resigned on Wednesday, nine days after the appointment of Brian Niccol as the CEO.
The US economic analyst and television commentator Larry Kudlow stated that he accepted Donald Trump's offer to become the top economic adviser of the White House.
Alphabet's Google stated on Wednesday that it would ban advertising of cryptocurrencies and related products starting in this year's June.
The ECB is on the way to gradually normalise the policy, as the bloc's economic growth is strong and consumer inflation is moderately rising, Francois Villeroy de Galhau stated.
Goldman Sachs stated that it kept expecting broad weakness in the Greenback and saw emerging market currencies outperforming in 2018 due to concerns over escalating trade tensions.
Russia's gross domestic product gained 2% year-over-year in January, following a gain of 1.4% in the prior month, the country's Economy Ministry stated.
The World Bank announced plans to raise India lending by $1B every year in the following five years to $3.5B, the bank's country director for India stated.
The US retail sales growth weakened for the third month in succession in February, as households reduced purchases of big-ticket items, indicating economic slowdown in the Q1.
The Labour Department reported that the US producer prices increased 0.2% in February, while economists anticipated a 0.1% rise in the reported period.
The White House pressed China over cutting its trade surplus with the US by $100B, the Trump Administration's spokesman stated on Wednesday.
On Wednesday, Ford Motor stated it was recalling 1.38M cars in North America over alleged loose steering wheel bolts, which were potentially detached.
Britain would expel 23 Russia's diplomats, following a chemical attack on the Russian former spy in the Southern England, the Prime Minister Theresa May stated on Wednesday.
On Wednesday, Walmart announced it was planning to expand its grocery home delivery and pickup services to over 100 metro areas in 2018, as it sought to fight its rival Amazon.com.
On Wednesday, Angela Merkel was re-elected to her fourth term as the German Chancellor, after lawmakers voted 364-315 in favour of Merkel, with nine abstentions.
The board of Unilver is set to finalise their decision on Wednesday to shut down the consumer giant's headquarters in London, according to Sky News report on Wednesday.
The Italian defence group Leonardo agreed to act as a prime contractor in the €3B Qatari helicopter deal, which the Gulf state's Defence Ministry had signed with the NHI Consortium.
On Wednesday Nissan Motor named the company's Chief Performance Officer Jose Munoz as its China operations head to lead the carmaker's expansion into the world's biggest auto market.
On Wednesday, Broadcom has ended its $117B bid to acquire the US chipmaker Qualcomm, following the US President Donald Trump's order to halt the deal over national security concerns.
The French Finance Minister Bruno Le Maire stated France would sue Apple and Google over the contractual terms that the tech giants had imposed on start-ups and developers.