Shares of CVS Health Corp were up by 5% on Wednesday after the company reported better-than-expected Q2 results and raised its 2019 profit forecast.
President Donald Trump rejected concerns over a protracted trade war with Beijing, as China warned that the US decision to label the country a currency manipulator would hurt global financial markets.
On Wednesday, Japan's Toshiba reported a ten-fold hike to $73.49M in its Q1 operating profit, as the Japanese company sped up its cost cuts across units, but still missed analysts' forecasts.
Walt Disney Co announced it would launch a bundle of three streaming services, which includes its family-friendly digital offering Disney+, the sports service ESPN+ and Hulu, at a price of $13 starting from November, seeking to lure audience from Netflix.
An Irish government minister stated he assumed that Britain would leave the EU bloc in October without a deal, triggering a tough economic shock, which could require the pan-European financial support for some countries, including Ireland.
The US electric carmaker Tesla is exploring an option to increase prices on its vehicles in China starting from September due to yuan-related uncertainty, sources close to the matter reported to Reuters.
British Airways' IT systems issues created chaos for thousands of passengers due to flight delays, cancellations and long airport queues in the carrier's third major computer glitch in almost two years.
Payments processor Mastercard is planning an acquisition of a majority part of the Scandinavian payments firm Nets's corporate services businesses, in a deal worth $3.19B, as it seeks to accelerate its expansion in the Nordic markets.
By the middle of Wednesday's trading session, crude oil price benchmarks had reached a seven month low level. The move was attributed to various factors without highlighting a certain reason.
On Wednesday, the Reserve Bank of India downgraded the INREPO=ECI interest rate by 35 basis points to 5.40% in an attempt to boost growth of the economy.
Shares of Walt Disney dropped as much as 5% in after-hours trading to $135 after the company announced missed earnings.
The US Dollar edged lower against the Japanese Yen and the Chinese Yuan weakened, as traders and investors remain cautious about the People's Bank of China currency policy.
On Wednesday, crude oil prices remained stable after falling at the beginning of the Asian session, as the US-China trade war remains in focus. The international benchmark Brent crude was at $58.97 a barrel.
On Wednesday, the Central Bank of New Zealand surprised the markets, by cutting its official cash rate by 50-basis points. The surprise move by the RBNZ sent the New Zealand Dollar to a ten-month low.
On Tuesday, the US President Donald Trump shrugged off trade war concerns, as China warned that the US decision to label Beijing a currency manipulator could lead to market chaos.
Online payments company Klarna, announced on Tuesday that it had raised $460m in an equity funding, at a post valuation of $5.5 billion, making the firm, as the largest private fintech startup in Europe.
Walt Disney missed Wall Street forecasts for quarterly profit, earning $1.35 per share, compared to $1.75 expected. The company's shares declined 5% to $135 on the report.
Payments processor Mastercard announced on Tuesday that it i set to buy the main part of the corporate services businesses of Nets, the Scandinavian payments group, for about $3.19B, furthering the push into the markets in the Nord.
Glencore is expected halt production at its mine in Mutanda, the world's biggest cobalt mine, from the 2019 end after a drop in cobalt's prices, Financial Times reported.
Snap Inc on Tuesday stated that it is set to raise $1B in short-term debt and announced plans to invest more funds into augmented reality features, media content and consider buying other companies.
Car production in Brazil increased 14.2%, while sales rose9.1% in July from June, the strongest monthly performance since 2014, the Anfavea stated on Tuesday.
Daimler stated on Tuesday that customers of Mercedes-Benz in Germany could apply for a $3,350 subsidy to update the older diesel cars' exhaust filters, the latest effort between German car producers to avoid bans.
On Tuesday, Amazon.com has cut the price for the company's paid music streaming service from $4.99 to 99 cents/month for students who have got its Prime subscription, allowing new members to get a subscription to Amazon Music Unlimited.
On Tuesday, Olaf Scholz, the German Finance Minister, stated that escalation in the trade dispute between China and the United States would further hurt the global economy.