Visa beat Wall Street forecasts for quarterly profit, as the payments network processed higher volume of transactions on the back of increased consumer spending over the holiday season.
Samsung Electronics warned of lower earnings this year, as the company posted a 29% slump in operating profit in the Q4, affected by a slowdown in memory chips demand.
On Wednesday, Saudi officials announced that they have ended the fifteen month long anti-corruption campaign, which impacted many of the country's elite and recovered nearly $106 billion.
The US Department of Agriculture on Wednesday announced that the government workers will resume publishing various US macroeconomic data sets on February 7. The data release might cause a heavy impact on the US Dollar's value.
The Federal Reserve announced simultaneously with its monthly rate announcement that the central bank will be patient in regards to increasing borrowing costs and closely monitor the financial markets.
On Wednesday, the US Federal Reserve made an interest rate announcement. The Fed kept their interest rate unchanged.
AT&T reported weaker increase in wireless customers and broader declines in the pay-TV business than Wall Street anticipated, sending shares down 4%.
The EZ economic sentiment dropped more than anticipated to the lowest level in tow years in January, as all components except the construction sector and consumers became revealed more pessimism about the prospects of the block at the start of the year.
Contracts to purchase previously owned homes declined in December, the NAR stated, in another indicator of weakness in the property market.
The UK Lloyds Banking Group is likely to cut 292 positions across several offices within a lingering cost-cutting drive, the union stated.
EU companies listed on the STOXX 600 Index are set to report 3.6% year-over-year earnings growth in the Q4, sharply below the 4.8% forecast.
The French economy ended 2018 on a stronger footing than anticipated even after protests hit retailers, though growth fell short of the target for the full year.
The e-commerce major Alibaba Group's quarterly revenue rose at the weakest pace in three years, as the impact of the weakening Chinese economy and Sino-US trade war affected consumer spending.
The US mortgage applications to refinance or to purchase a home fell for the second week in succession, as borrowing costs grew in step with increased bond yields, the MBA stated.
The South Korean group Hyundai Heavy, the world's largest shipbuilder, stated it was considering of taking a stake of its competitor Daewoo Shipbuilding & Marine Engineering and had already launched talks over the potential deal.
On Wednesday, Virgin Train USA, the railway system operator, stated it would aim to sell 28.3M shares in its planned initial public offering, in which it sought to raise up to $538M in net proceeds.
On Wednesday, Petroleo Brasileiro, the Brazilian state-run oil firm, stated the talks with Chevron over acquiring its Pasadena refinery were nearly finalised, and the deal awaited to be discussed by the board.
The China-backed successor of the Swedish carmaker Saab has made an investment worth $171M into a joint venture with Sweden's Koenigsegg super car brand, as they plan to develop new electric vehicle models.
UniCredit's CEO Jean Pierre Mustier is exploring international M&A deals, choosing among Spain and England besides France, the company's main shareholder stated on Wednesday.
The US chipmaker giant Intel made a cash-and-stock bid worth up to $6.0B to acquire Israel's Mellanox Technologies, according to the local media report on Wednesday.
Banco Agibank, the Brazilian online lender, is exploring possible options, such as launching the US initial public offering, its CEO Marciano Testa stated.
Siemens CEO Joe Kaeser called on the EU antitrust regulators on Wednesday to approve its planned rail merger deal with France's Alstom.
The Brazilian government aims to sell no less than $20.0B in assets of some of the sate-held firms this year, including Banco do Brasil and Petrobras, Brazil's Privatisation Secretary stated.
Atos, the French IT services firm, is planning to pay its investors with a 23.4% stake in its payments arm Worldline SA, it stated on Wednesday.