Apple Inc will have to pay around $38B in tax payments to move funds stored overseas back to the United States.
Apple is expected to pay $38B in tax to return funds kept overseas to the US under the country's new tax law, the company stated.
On Wednesday, Mazda said that despite deepening cooperation with Toyota, it would remain an independent company.
The Federal Reserve reported today that the US industrial production jumped 0.9% over the course of December, topping economists' expectations for a 0.4% rise.
At the last policy meeting, the Bank of Canada decided to increase its overnight rate target by 25 base points to 1.25%, adding more hikes are likely coming this year.
According to the data released by the Federal Reserve on Wednesday, capacity utilisation increased to 77.9%, topping analysts' expectations for a surge to 77.3%.
Shares in IBM surged 2% on Wednesday after Barclays's double-notch upgrade for the tech company ahead of the Q4 results on Thursday.
The Turkish Foreign Minister Mevlut Cavusoglu and his Russian counterpart Sergei Lavrov discussed Syria by phone on Wednesday, seeking for a solution to its crisis and humanitarian situation.
On Wednesday, shares of Rolls-Royce surged to 7.2%, following the company's announcement about possible sale of its struggling commercial marine unit as part of the restructuring into three main units.
Britain's government needs to give companies more time to preserve Carillion-linked jobs, following the infrastructure firm's collapse on Monday.
The European Union is likely to impose sanctions on seven senior Venezuela' s officials starting the next week amid bloc's intention to pressure the President Nicolas Maduro over political crisis.
Britain and France are planning to sign a new immigration agreement during the President Emmanuel Macron's visit to Britain on Thursday.
The Swiss food group has decided to sell its confectionery business to Ferrero. The deal is set to be worth $2.8 billion.
The recent Euro appreciation has started to threaten the profitable bond traders, as European overseas investors see their profits eroded.
According to General Electric's statement, the industrial conglomerate appointed Peter Stracar as its new CEO and President of the European region.
On Wednesday, Standard Chartered announced it had created a new business unit called Dubbed SC Ventures with intention to promote innovation and invest in financial technology.
The President of the European Commission Jean-Claude Juncker stated on Wednesday he would like Britain to rejoin the bloc after the next year's Brexit.
The US DoJ charged the former Barclays foreign exchange trader Robert Bogucki over the alleged role in a fraud scheme towards bank's client.
The Catalan Parliament is eager to meet on Wednesday, making its first step towards local government's formation, following December's elections, despite an obscurity on its plans to split from Spain.
Volkswagen reported a 4.3% gain to 10.7M vehicles in 2017 sales, as the company seeks to reach the top of the world's largest carmaker list.
On Wednesday, Russia called the Afghan government and the Taliban for urgent talks over the civil war, adding it could host negotiations, if needed.
On Tuesday, twenty nations agreed to consider imposing severe sanctions on North Korea amid its nuclear weapon programme, warning its refusal to negotiate could trigger military response.
On Wednesday, the President of Indonesia Joko Widodo replaced the Cabinet's social affairs minister and picked a new head of staff in his five-year term's modest reshuffle.
On Tuesday, the US Senate advanced a bill in order to resume the National Security Agency's Internet surveillance programme, as privacy advocates aim to derail the rule that appeared one vote short.