During Wednesday's US trading session, the stock price of FedEx plummeted by 9.2%, experiencing the stock's worst day since September.
On Wednesday, the Financial Stability Board announced that it would survey national regulators on their progress to dump the Libor interest rate by the end of 2021.
During late Wednesday trading hours, global stock indices continued to fluctuate near record high levels, as the surge entered fifth session of gains.
Fiat Chrysler and Peugeot auto makers have agreed upon a $50 billion merger deal. The deal would result in a cost cut of $4.1 billion per annum.
On Wednesday, the Norwegian public broadcast company NRK reported that the Oil Minister of Norway Kjell-Boerge Freiberg is stepping down from his post.
During Wednesday's European trading hours, stock market indices recovered. The surge was led by sharp move in Volvo stock price.
Data published on Wednesday revealed that Euro Zone inflation has reached one percent. Food prices were named as the main cause of inflation.
During Wednesday's Asian trading hours, crude oil price benchmarks declined, as US data revealed that the US has larger inventories than previously thought.
On Wednesday, Japanese officials raised the country's next year's annual growth forecast. The main reason for the raise was expected $122 billion in government spending.
On Wednesday, the Yomiuri newspaper reported that Isuzu Motors is planning to partner with Volvo AB to build the next generation truck technology.
According to the Bloomberg report, citing people with knowledge of the discussions, Tesla Inc is planning to cut the price of China-built Model 3 cars by 20% in 2020.
According to the Thomson Reuters/INSEAD survey, Asian Business Sentiment Index, which measures companies six-month forecast jumped by 13 points in the Q4.
On Tuesday, France's trade unions shut down schools and crippled transportation, as hundreds of thousands of protesters took to the streets to oppose the French government's pension reform plans.
According to sources with knowledge of the matter, Russia's officials are in preliminary discussions to transfer the Russian Central Bank stake in Sberbank to a different state entity.
Boeing stock continued to decline on Tuesday after the company announced that it would halt production of 737 MAX jetliner. Its global suppliers' shares were also lower on the news.
Valdis Dombrovskis, the Vice President of the European Union Commission, said on Tuesday that the rigid Brexit time frame set by UK's PM Boris Johnson would limit the scope of a free trade deal.
At the start of Tuesday's US trading session, US President Donald Trump called for a US Federal Reserve rate cut and a boost of quantitative easing.
On Tuesday, Scottish nationalist lawmakers demanded a new Scottish independence referendum. In response, Boris Johnson announced that a majority of lawmakers would resist calls for break up.
On Tuesday, French trade unions began a strike, which shut down vital infrastructure. The strikers demanded the halt of the ongoing pension reform.
During Tuesday's European trading session, German workers union Verdi called for strikes at three Amazon logistics hubs. The strikes should last until Saturday.
During Tuesday's US market trading hours, US stock indices hovered near record high levels, as gains were limited by the decline in Boeing stock price.
On Tuesday, the European Commission urged the governments of the Euro Zone to use their fiscal policies and reforms to strengthen inflation and job creation.
On Tuesday, the China Communications Construction Company and Macroasia won the auction for a ten billion US Dollar airport construction contract in Manila.
The Prime Minister of the United Kingdom on Tuesday addressed the first meeting of Ministers, stating that there is still a lot of work to be done.