Credit Suisse stated on Wednesday it was expecting the tax rate for 2018 to appear higher than previously forecast, adding it was likely to be hit by the US tax provisions, which were aimed at preventing firms from shifting their profits abroad.
On Wednesday, the German Cabinet is set to hold secret session to discuss the participation of Huawei Technologies in establishing Germany's 5G mobile networks on the back of safeguard measures related to the Chinese giant's allegations of collecting private data.
The activist fund Elliott is expected to boost its stake in the German energy utility Uniper, Reuters reported on Wednesday, but no further details has been provided yet.
Societe Generale, the French bank, agreed on a sale of its majority stake in Moldova unit to the Hungarian OTP Bank, expecting to finalise the transaction within the next months.
Ralph Lauren, the luxury retailer, has topped analysts' estimates, reporting better-than-expected results for its Q4 earnings and sales, sending the company's shares up more than 12% on the news.
The United States warned its EU allies not to use China's Huawei Technologies equipment for building the 5G mobile networks, State Department's official reported.
On Wednesday, it was announced by Tesla that the company is once more cutting its Model 3 car's price due to the end of a customer referral program.
The head of the Australian central bank on Wednesday announced that the bank is considering a possible main rate cut, which would decrease the value of the Australian Dollar.
Toyota Motor Corporation announced their third quarter earnings on Wednesday. The company's profits have continued to increase due to bigger sales in Asia.
On Wednesday, United Airlines announced that the company will offer additional 1,600 premium seats on both domestic and international flights.
Egypt's total foreign debt increased to $93.1B by the end of September last year, up half a billion dollars from the same year's June end, the Central Bank of Egypt stated.
The Iranian Minister stated that his country accepted Russia's proposal to build a sub-sea pipeline to export natural gas to India.
Exxon Mobil and Qatar Petroleum stated that they are set to invest in a $10B project to expand a LNG export plant in Texas, aiming to meet global demand for the fuel.
Walt Disney reported quarterly earnings that handily topped estimates of the Wall Street owing to a booming theme park business and its ABC broadcast network's expansion.
On Tuesday, Fiat Chrysler Automobiles announced about the recall of about 882K pickup trucks globally due to the vehicles pedal and steering issues.
Innogy's Chief Operating Officer Martin Herrmann stated on Tuesday the German energy group would launch a restructuring of its UK retail unit npower, which was likely to trigger new job cuts round, after the failed JV deal with the peer SSE.
General Electric is set to pay $57M as it failed to meet the target of job creation agreed with the French authorities, when the company had acquired Alstom's energy unit, the country's Finance Ministry reported on Tuesday.
On Tuesday, Peter Altmaier, the German Economy Minister, stated Germany was ready to take stakes in firms to protect some major technology areas from foreign takeovers on the back of the country's new industrial strategy.
On Tuesday it was announced that the Chief Executive Officer of Merck intends to testify before the US Senate in a hearing related to drug pricing.
A member of the Federal Open Markets Committee Robert Kaplan announced on Tuesday that most likely US interest rates will remain unchanged for several months.
The National Retail Federation of the United States on Tuesday announced that US retail sales should reach above $3.8 trillion during 2019.
On Tuesday, French officials announced that the country will propose an overhaul of EU competition legislation. The official proposal will occur during the next couple of months.
Russia's oil producer Rosneft may launch a buyback of shares in 2019, the company's official stated on Tuesday, adding that the final decision is depending on various factors.
HSBC is planning to trim dozens of its market business and investment banking jobs, as part of its plan to cut costs to protect the company's dividends.