Billionaire Warren Buffett proposed to make $3B investment in Uber Technologies, though the talks failed on disagreements about the deal's terms, sources familiar with the matter stated.
China's manufacturing sector expanded at the strongest pace in eight-month period in May, blowing prior expectations and weakening concerns about a slowdown of economic growth.
The Cairo-based Arab League condemns Israeli plans to build thousands of new settlements in Jerusalem, the assistant secretary general Saeed Abu Ali says.
Egypt's total foreign debts rose to $82.9B in end of the year 2017, a 4.9% increase compared to the previous six months, the Central Bank of Egypt says.
The South Sudanese President Salva Kiir on Wednesday arrived to Addis Ababa, Ethiopia for a state visit, media reports.
Lithuania plans to conduct the largest military drill, named Thunder Storm 2018, in the country's history amid security tensions in the region, the country's Defence Ministry says.
The Bank of Canada announced its decision to keep interest rates unchanged, but signalled future rate hikes to come in the next meeting, sending the Loonie higher.
Mapping startup Mapbox stated that it was teaming up with Intel, Microsoft and Softbank Group's ARM Holdings' chip unit to strengthen its push into securing maps for self-driving vehicles.
J.P. Morgan updated its forecast for the US economic expansion in the June quarter to 2.75% from 2.25% after the trade balance data release for April.
Indian company Reliance Communications stated that it anticipates to finish the sale of assets to Canada's Brookfield and Reliance Jio Infocomm in coming weeks.
China is set to diminish tariffs on imports of a row of consumer goods including cosmetics, apparel, fitness products and home appliances from July 1, the government stated.
The Central Bank of Russia stated that the country's financial sector is facing higher market volatility risks along with lower prices of oil.
The US economy showed sightly weaker expansion pace than initially anticipated in the Q1 due to downward revisions to consumer spending and inventory investment.
AirAsia Group shares decreased after India's Federal Police filed the case against the company accusing the airline of corruption, threatening to delay Indian unit's IPO and international expansion.
Adidas have declared themselves winners in a competition against its rival Nike. Adidas have sold more World Cup shirts.
The Beijing security fairs was at its peak on Wednesday, as various firms presented products from surveillance cameras to instant phone hackers.
Various hedge funds are expressing different views on how to manage billions of US Dollars that they have bet on the Italian banking sector.
The ECB announced on Wednesday that the central bank sees no need to react to the Italian political developments.
India's ICICI Bank Ltd will open an inquiry into allegations that an anonymous whistle-blower made against its Chief Executive Officer Chanda Kochhar.
India and Indonesia have agreed to strengthen their defence and maritime cooperation by constructing a naval port in the Indian Ocean and developing an economic zone at Sabang.
The Turkish Foreign Minister Mevlut Cavusoglu told media on Wednesday that Turkey would get jets elsewhere if the US government blocked its purchase of Lockheed Martin F-35s.
Greece has sold a 5% stake in the country's biggest telecommunications operator OTE to Deutsche Telekom for €284M.
The Japanese investment bank Nomura has pushed back the estimated timing for a rate hike by the European Central Bank from March 2019 to September 2019.
The Federal Statistical Office of Germany reported that inflation in five German regions, including North Rhine-Westphalia and Bavaria, exceeded the ECB target rate of 2% in May.