During Wednesday's European trading hours, crude oil prices rose almost 3%, as the US President Donald Trump claimed victory in Tuesday's elections.
Chinese regulators shocked retail investors who made bids of a record $3.0 trillion in Ant Group by abruptly suspending the planned stock market debut that deemed to become the world's largest IPO.
On Wednesday, S&P 500 futures turned down in volatile trade following the US President Donald Trump's claims about his victory in the election, despite millions of votes uncounted.
On Wednesday, the United States has formally exited the global climate agreement amid election uncertainty, fulfilling the President Donald Trump's years-long promise to withdraw the second-biggest greenhouse gas emitter in the world from the pact.
On Wednesday, BMW stated its Q3 profit surged nearly 10% on the growing demand for its luxury cars in China, adding it also reiterated its outlook.
On Tuesday, Thomson Reuters said in a statement that its revenue surged by 2% to $1.44 billion in the third quarter.
The United Kingdom and the European Union have failed to bridge the gap to secure a Brexit trade agreement.
As reported by the US Commerce Department on Tuesday, the US factory orders surged by 1.1% in September.
On Tuesday, Ant Group's mega $37 billion IPO in Shanghai and Hong Kong has been suspended by the Chinese regulators.
US stocks closed markedly higher on the country's presidential elections, while investors bet on the decision without a lingering process, leading to a deal on higher fiscal stimulus.
The UK oil major BP was close to selling its London headquarters for about £250M, as the COVID-19 pandemic forced it to cut costs, the FT reported.
Global equity markets jumped on bets of raised stimulus if Democratic nominee Joe Biden wins the US presidential election against Donald Trump.
China suspended $37B stock market listing of Ant Group, after executives were told the company's online lending business would run into tighter scrutiny.
Oil prices grew over 2%, advancing with other markets on the US Election Day, though traders braced for volatility depending upon the voting results.
The US dollar fell on Tuesday, as risk appetite increase over bets that Joe Biden is likely to win the US presidential election and launch a new stimulus package.
Thomson Reuters reported its Q3 revenue surged on its corporates and legal division gains, as cost reductions helped lift the free cash flow forecast for 2020.
On Tuesday, Volkswagen has rolled out two ID.4 electric SUV models in China, taking on Tesla in the largest car market in the world.
PayPal Holdings topped Wall Street's estimates for its quarterly profit and revenue, driven by a sharp rise in digital payments during the coronavirus lockdowns across the world.
On Tuesday, Microsoft Corp stated it had partnered with Bukalapak, the Ant Group-backed Indonesian start-up, seeking to make an investment in the e-commerce platform.
On Tuesday, China's Lenovo Group reported a better-than-anticipated quarterly profit and stated it was continuing to benefit from remote working caused by COVID-19.
During Tuesday's European trading hours, European stock indices surged, as certainty was expected to come from the US Elections.
Oil prices extended the rally ahead of the US Election Day due to the financial markets recovery on Tuesday; however, concerns over rising coronavirus cases across the world threaten further gains.
On Tuesday, British American Tobacco stated it had acquired Dryft Sciences' nicotine pouch business amid its product range expansion, not disclosing financial terms of the deal.
Apple is set to hold a special event scheduled for November 10, not revealing any further details; however, analysts expect the roll-out of new Mac computers.