Ericcson, the telecoms equipment supplier, topped its quarterly core earnings outlook on Wednesday, driven by margin gains and China's 5G launch, adding it is "more confident" over meeting this year's targets.
During Wednesday's European trading hours, European stock indices declined, as healthcare and construction sectors reported losses.
Spain's renewable energy company Iberdrola announced on Wednesday it was planning an expansion in the United States with n acquisition of the PNM Resources utility through its US arm Avangrid valued at $8.3B including debt.
Snap's shares surged as much as 23% on Tuesday following the Snapchat owner's report of beating revenue and user growth forecasts amid rising demand during the pandemic.
Netflix reported it had added 2.2M paid subscribers globally, missing Wall Street's estimates for 3.4M users and marking the weakest gains in the last four years amid rising streaming competition.
Nestle raised its 2020 guidance for organic sales growth to about 3% after topping the Q3 estimates on Wednesday, reporting a 4.9% growth boosted by higher demand for health products and pet food.
On Tuesday, General Motors announced that it would invest $2B to build electric vehicles factory in Tennessee.
The Brazilian Economy Minister Paulo Guedes stated on Tuesday that Brazil is about to join the Organization for Economic Cooperation and Development in one year.
Spain is thinking to impose a second COVID-19 lockdown to tackle the recent spike in coronavirus cases, the Spanish Health Minister Salvador Illa stated on Tuesday.
On Tuesday, the US Justice Department and 11 states have filed an antitrust lawsuit against Google for allegedly using its market power to fend off competitors.
General Motors announced that it will invest $2B to convert its Tennessee factory to produce electric cars, starting with the new Cadillac Lyriq.
Nokia sought to put into effect an interdict against Lenovo to block sales of the biggest PC maker's products in Germany after the violation of video encoding patent.
Intel's $9B sale of the NAND memory chip unit is expected to help to focus on core business in higher-margin processors after the deal with Hynix, Wall Street analysts revealed.
Spain's telecom major Telefonica is expected to partner with German insurer Allianz to fund a €5B infrastructure investment in Germany.
Swiss electric vehicle start-up Piëch Automotive AG appointed the former CEO of Porsche and Volkswagen Matthias Mueller as the company's new chairman.
Sweden banned over security grounds the use of equipment from China's ZTE and Huawei in its 5G network ahead of the spectrum auction next month.
Cathay Pacific Airways is set to cut about 6K jobs, which is 18% of the carrier's workforce, and axe Cathay Dragon, its regional brand, as part of its battling programme with the coronavirus pandemic.
Microsoft has partnered with Elon Musk's SpaceX with intention to target space customers, according to the Wall Street Journal's report seen on Tuesday.
On Tuesday, Procter & Gamble has raised its full-year profit and sales forecast amid surging demand for the company's Tide detergent, Bounty paper towels and other cleaning products during the pandemic.
On Tuesday, shares of Logitech International surged over 18% amid a big rise in its Q2 profit results as well as higher demand for its products due to higher demand for remote work.
During Tuesday's European trading hours, crude oil prices declined, as the expectations of a drop in demand outweighed OPEC+ measures.
Tesla's car registrations in California plunged as much as 13% in its Q3 compared with the prior year, the data firm Cross-Sell reported on Tuesday.
On Tuesday, UBS reported a 99% surge in its Q3 profit, driven by global markets' heavy turnover, boosting the bank's performance in investment banking.
Didi Chuxing, the Chinese top ride-hailing company, is exploring a potential multibillion-dollar IPO in Hong Kong next year, reconsidering previous plans to list on NYSE due to rising Sino-US tension.