On Wednesday, the IMF announced in its World Economic Outlook that a small fraction of companies in wealthy countries should be regulated, as they can hurt investment, monetary policy and labor. It could be made out from the report that the IMF investigated tech giants like Google.
A think tank on Wednesday announced that financial jobs are still moving from the United Kingdom to other European Union financial hubs. Moreover, the think tank announced that this process is unlikely going to stop unless Brexit is cancelled.
On Wednesday, PMI data released in Brazil revealed that the Brazilian economy is picking up. It indicates that the Brazilian currency will appreciate in value during the near future.
On Wednesday, the ousted chairman of Nissan-Renault appeared on Twitter. The chairman announced his intentions to reveal previously unknown information about the financial scandal that plagues the company.
Representatives of the European Commission on Wednesday announced that Romania should not consider pardoning corrupt politicians. The event signals that the EC intends to enforce the rule of EU laws.
On Wednesday, the Economic Adviser of the White House Larry Kudlow announced that the US-China trade talks have made progress and a new round of negotiations will occur in Washington.
The Economic Adviser of the White House Larry Kudlow announced on Wednesday that a clear Brexit would help the US negotiate a new trade deal with the United Kingdom.
On Wednesday, it was announced by the British Prime Minister Theresa May that she will seek a Brexit compromise by negotiating with the opposition leader Jeremy Corbyn.
BlackRock has been given more time to make an offer for the struggling Italian lender Carige, as it remained the only potential buyer of the company.
On Wednesday, India's Tata Steel supported the logic of the joint venture deal with ThyssenKrupp, a few days after the firms had submitted their proposals to the EU Commission to receive approval to the partnership.
On Wednesday, the US radio firm iHeartMedia filed for an IPO with the SEC to list its common Class "A" shares, as the company is nearing bankruptcy exit.
Viacom has tied up with T-Mobile US over a content distribution deal under which media firm's brands, such as Nickelodeon and MTV, would be available to T-Mobile's 80M customers.
CMC Markets shares plunged over 10% on Wednesday, following the company's estimates of an income slump in the preceding year to March on the news the online trading platform's CFO was set to leave and new regulations hit client activity.
On Wednesday, thee major carmakers Ford, General Motors and Toyota have joined their forces to help advance the safety standards for autonomous vehicles that could result in creating regulations in the United States.
Ford Motors is planning to roll out over 30 new car models in China during the following three years with several of them to be electric, as the US carmaker seeks to boost slumping sales in the Asian market.
Searchlight Capital Partners, the investment company, agreed to acquire a 26% stake in France's aeronautics firm Latecoere in a deal valued at about $106.8M.
During the European trading hours on Wednesday stocks reached an eight month high level. The surge could be most likely attributed to the monetary stimulus of the ECB.
The stock price of Superdry plummeted by eleven percent on Wednesday. The decline was caused by recent inside politics at the company, as a founder has achieved his way back into the company.
Hitecvision, the private equity firm, agreed to take over 100% of shares of Solveig Gas, the No. 2 biggest owner of Norwegian offshore gas pipeline system.
German supermarkets chain Metro is still negotiating a potential sale of its Real hypermarkets with several investors, seeking for a deal worth about $1.0B.
The Norwegian Air CEO Bjoern Kjos stated on Wednesday he had held optimistic meetings with the US jet maker Boeing over its 737 MAX 8 planes grounding, following the fatal crash that involved Ethiopian Airlines last month.
On Wednesday, Dubai's Emirates NBD announced it would acquire Turkey's Denizbank in a revised deal with Russia's Sberbank worth $2.8B.
Japan Display Inc is set to supply OLED screens for Apple Watch starting this year, paving its way to the OLED display market on the back of cash issues in the company.
Roche Holding has decided to prolong its $4.3B offer for the US gene therapy company Spark Therapeutics until May 2, after the Swiss drugmaker got only 29.4% of specialist's shares in a deal originally due to complete on Wednesday.