HP Inc agreed to pay a $6M fine to settle US SEC charges, as it misled investors by failing to reveal the effect of sales practices used to meet earnings and sales targets.
German company Bayer AG announced plans for more than €1.2B cost cuts until 2024 and stated that it is set to take impairment charges over its agricultural business.
IOTA teamed up with corporations, such as NTT Data and Jaguar Land Rover, in the launch of software, which would grant users remote control of appliances, cars and other items.
Rolls-Royce Holdings is expected to announce plans to raise around £2B from investors, in a bid to strengthen the company's balance sheet.
During Wednesday's US trading hours, the US Dollar gained value. The event was attributed to US GDP data.
On Wednesday, US stock indices surged, as buying was caused by a rise in tech and industrial stock prices.
Caesars Entertainment is planning to take over the UK-based gambling firm William Hill in a deal valued at £2.9B, seeking expansion in the American sports-betting market.
The Pound jumped by 100 pips against the US Dollar in less than two hours on Wednesday ahead of the planned conference with the British PM Boris Johnson.
Volkswagen is set to announce new important strategic steps it is planning to make this year, CEO Herbert Diess stated on Wednesday.
Volkswagen's SEAT is expecting its September sales to top the results of the same period last year, the Spanish carmaker's incoming chairman said to Reuters.
Tesla, the US electric carmaker, has launched its Model 3 cars manufactured in China with cobalt-free LFP batteries, Reuters reported on Wednesday.
On Wednesday, Royal Dutch Shell revealed its plans to trim up to 9K job positions, which is more than 10% of the company's workforce amid its low-carbon energy transition plan.
The EU is drafting rules to force large technology groups to share data of their customer with smaller competitors, according to the Financial Times report published on Wednesday.
On Wednesday, Caesars Entertainment, the US casino operator, agreed to acquire William Hill, the UK-based gambling group, in a deal worth £2.9B amid its expansion plans in the rapidly-growing US sports-betting market.
On Wednesday, the President of the European Central Bank Christine Lagarde revealed that a review of ECB policy.
Alibaba's cloud division is expecting profitability within FY2021, a senior executive of the Chinese tech giant said on Wednesday.
On Wednesday, India's Reliance Industries announced that General Atlantic, the private equity firm, is planning to make an investment worth $498.31M in its retail division, sending the company's shares up 1%.
Walt Disney is planning to lay off about 28,000 employees at the company's US theme parks due to the coronavirus pandemic's hit.
EPIC Suisse, the commercial real estate firm, has postponed its initial public offering plans due to market conditions.
On Tuesday, Ironwood Pharmaceuticals announced that it would discontinue development of the treatment, IW-3718 and intended to slash about 100 jobs.
The ADNOC said on Tuesday that UAE's Minister of State Sultan Ahmed Al Jaber met with the Israeli ministers to discuss cooperation opportunities in energy, technology and industry.
According to sources with knowledge of the matter, Alphabet's Google and Fitbit $2.1 billion deal is set to win the EU competition enforcer approval.
TikTok announced on Tuesday that it would launch elections guide to provide users access to information about the US 2020 general elections to help fight misinformation.
The World Bank expects the Malaysian economy to contract 4.9% in 2020, a statement published in its October 2020 Economic Update report shows.