Workspace operator WeWork was in talks with banking institutions to raise $2.75B billion in debt before its initial public offering, Bloomberg reported, citing sources familiar with the matter.
The central government of Brazil reported a primary $1.64B budget surplus in April, the Treasury stated, less than the forecast in a Reuters poll.
Oil and gas major Royal Dutch Shell is set to disclose how much of taxes paid in each country, where it operates, the company's executive told a Dutch parliamentary panel, in the report to be published later in 2019.
AVEVA announced its expectations to meet the medium-term target after a 20% increase in annual earnings, supported by demand for the firm's technology. Shares rose to a record high of 3,530 pence on Wednesday, then fell 1.7% by mid-morning.
Chipmaker NXP Semiconductors stated it is set to buy Marvell Technology Group's business of wireless connectivity for $1.76B in cash. Shares of Marvell grew 3.84% at $22.17, while shares of NXP declined marginally.
On Wednesday, the US banking service reported $60.7B in profits in this year's Q1, marking a 8.7% or $4.9B jump from the previous year, according to the Federal Deposit Insurance Corporation.
Samsung Electronics is planning to double its online sales of smartphones in India to $1.0B in 2019, boosted by its new budget device range, the company's CEO Asim Warsi stated on Wednesday.
German prosecution is probing Oliver Blume, the Chief Executive Officer of the Volkswagen-owned Porsche business, over potential fiduciary trust breach related to the payments made Porsche's labour council member.
Italy's biggest commercial broadcaster Mediaset announced on Wednesday it had established a 9.4% stake in Germany's peer ProSiebenSat.1, in a move towards potential creation of the pan-EU TV player, lifting Prosiebensat shares up 6.9%.
On Wednesday, the Bank of Japan published its biggest annual profits in two decades. The bank made two trillion yen.
The French consumer price index fell more than estimated in May to the lowest level in about two years of 1.1%, according to the preliminary data provided by the INSEE statistic agency.
China announced on Wednesday it is ready to hit back at the United States with rare earth amid their almost a year-long trade war, escalating tensions between the two largest economies in the world.
Qualcomm has called on the US judge to postpone her verdict on the case, where the company illegally took out their competitors in the phone chips market, seeking for an appeal filing, which could last over a year.
Several potential buyers are planning to make their bids for Boost Mobile, the prepaid wireless brand owned by Sprint and T-Mobile, in a sale worth up to $3.0B.
Asian shares traded sideways on Wednesday, as investors and traders switched to bond, driven by fears that the US-China trade war shows no sign of ending.
The People's Bank of China said on Wednesday that it would inject about $39.09 billion into the market for the day, through the seven days reverse bond repo operations.
The Deputy Prime Minister of Italy Matteo Salvini stated on Tuesday that the European Commission was considering the imposition of a €3B fine for excessive debt and structural deficit levels.
On Tuesday, all 12 regional banks of the US Federal Reserve voted for keeping steady the interest rate charged for the provision of urgent loans.
According to sources with the knowledge of the matter, the Canadian government is planning to present the Parliament the new North America Trade Agreement's (NAFTA) draft bill on Wednesday.
Beyond Meat stated it would start producing plant-based meats in Europe in 2020, in a bid to expand production outside the US. Shares grew 7%, as J.P. Morgan marked the firm's "extraordinary" growth potential.
Taiwan's Pegatron signed the letter of intent showing its intention to invest $695M to $1B in an Indonesian plant to assemble chips for Apple's smartphones.
Household lending reached its post-crisis high with 3.4% increase in April, while corporate lending rose 3.9%, at its strongest rate this year, the report by the ECB revealed, easing fears that banks were shutting off credit due to growth slowdown.
General Electric is planning to cut over 1K jobs in France, increasing the risk to set the American firm on the collision course with France's government, as it had consistently asked GE not to trim French jobs.
The US car sales are seen to plunge 2.1% in May from the previous year, affected by higher prices that spooked potential buyers, according to the data released by the industry consultants LMC Automotive and J.D. Power on Tuesday.