Hilco Redevelopment Partners, the real estate developer, entered into a $240M deal to buy the Philadelphia Energy Solutions oil refinery.
Rogers Communications is set to spend up to C$2.9B in 2020 to expand the company's communications infrastructure in Canada, including for 5G.
Fiat Chrysler's CEO Michael Manley has highlighted on Wednesday the merger talks between the Italian-American corporation and France' PSA Group to build the world's No. 4 automaker were progressing well, expressing hopes for a deal to be signed in 12-14 months.
On Wednesday, Tesla Inc has become the first publicly-listed US automaker to race past $100B in market valuation, making its stock more than doubling in the last three months.
Toyota Motor is planning a recall of 3.4M vehicles across the world amid an electronic defect, which can pose a threat of airbags not deploying in crashes.
Buyout fund Eurazeo hired Evercore and Citigroup to prepare the sale of payments company Planet, where the firm could be valued at up to €2B.
Canada's December inflation rate remained unchanged at 2.2%, supported by higher prices of energy and balanced by weaker gains in food and car prices.
Various companies, such as Grab, Razer, AirAsia, Axiata and CIMB, are among bidders to apply for the Malaysian digital banking, Reuters reported on Wednesday.
Boeing Co agreed with Israel's Tactical Robotics to consider the development of a new technology of ducted fan propulsion to use in the autonomous and piloted light aircraft, the planemaker stated on Wednesday.
Alphabet's CEO Sundar Pichai stated on Wednesday he was expecting the major opportunity for using AI in healthcare during the following 5-10 years that would improve outcomes.
Toyota Motor is set to recall 3.4M vehicles across the world due to an electronic defect, which can result in airbags not deploying in crashes.
On Wednesday, Bank of America announced that it would hire 50 new bankers for deal making in Asia in 2020.
On Wednesday, shares in Alstom, the French train manufacturer, surged 2%, hitting their record-high in nearly two years, on a report of the potential deal with Bombardier, in which the Canadian jet maker seem to combine its rail business.
BlackRock Inc built a stake worth 5.12% in Toshiba Machine, the former subsidiary of Toshiba Corp that had been targeted by the Japanese prominent activist investor, the US asset manager reported on Wednesday.
South African Airways said in a statement that flights to all its destinations continue to operate normally after bailout talks collapse.
Richard Lark, the CFO of Brazil's low-cost airline GOL, said that the company expects to be flying Boeing 737 MAX jetliner by April.
Facebook is planning to hire 1K people in London in 2020 for such roles as safety and product development on the back of continuing growth of its largest engineering centre located outside the US.
Honda Motor is set to join a rising number of firms signing the White House initiative to boost the US job training opportunities, seeking to provide them to 50K of its workers by 2025, the third-largest Japanese carmaker said.
Starbucks Corp is looking at adding more plant-based drinks and food to its menu, shifting from plastic and single-use cups to reusable packaging and investing in the better waste-management, the company's CEO said on Tuesday.
Flutterwave, the African fintech firm, announced a $35M fundraising round, adding it had also signed partnerships with Visa and WorldPay, as the start-up sought expansion in the Francophone and northern Africa.
Apple Inc has cancelled its plans for allowing iPhone users to fully encrypt their devices' back-ups in the Apple iCloud service due to FBI complaints that such a move could harm investigations, Reuters reported.
On Tuesday, Walt Disney Co announced it would launch Disney+, the video streaming service, a week earlier than it was planned on March 24 in Western Europe's regions and the United Kingdom.
Uber Technologies has put a new feature on a test, which allows some of its Californian drivers who are ferrying passengers from the Sacramento, Santa Barbara and Palm Springs airports, to set their own fares, up to five times the ones set by Uber.
France proposed to suspend the digital services tax imposed on large internet firms due in April amid efforts to resolve the US dispute over the levy, France's Finance Ministry source reported on Tuesday.