On Wednesday, the Chinese President Xi Jinping asked BRICS nations not to accept unilateralism caused by US tariff threats, as a global trade war would 'leave no winner'.
The Energy Information Administration reported that US crude inventories fell by 6.1M barrels during the previous week which exceeded the estimate of -2.3M.
The carmakers General Motors Co and Fiat Chrysler Automobiles NV have reduced their full-year profit forecast, naming trade tariffs as one of the factors causing this cut.
Shares of the plane-maker Boeing Co declined 2.2% on Wednesday in response to the company cutting the operating margin forecast for its defence business to 10-10.5%.
China's government is planning to pull the approval for Facebook's planned venture in Zhejiang, according to the New York Times report.
On Wednesday, Check Point Software, the network security provider, posted a better-than-expected Q2 net profit, doubling its overall share buyback plan to $2.0B.
Alphabet's Waymo is launching trials with the self-driving cars set to ferry Walmart's shoppers to its stores in Arizona's Phoenix, the company announced on Wednesday.
On Tuesday, Verizon Communications reported its quarterly revenue and profit bet analysts' estimates, while its monthly subscriber reading missed the forecasts amid dearth of the special promotions.
Audi, the luxury automaker, announced on Tuesday it had launched a serial production of the electrical engines at the company's Hungarian plant.
On Wednesday, an advisor to the European court recommended the judges to rule against the EU veto of the UPS-TNT merger deal.
Tages Group, the alternative asset manager, announced on Wednesday it would acquire a 34% stake in the private equity firm VAM Investments with a possibility to buy the entire group within three years.
On Tuesday, Ford Motor announced it was establishing a separate $4B worth unit to house the self-driving car operations, in a similar to its rival General Motors's move made late in May.
Germany's Daimler stated it is eager to deepen its alliance with the Chinese firm Baidu on the vehicle connectivity services and automated driving platform Apollo, established last year.
The Deputy Governor of the Bank of England Sam Woods said less than 5k financial jobs are expected to leave the United Kingdom by the first day of Brexit.
The Ifo Institute for Economic Research reported on Wednesday that its German Business Climate Index fell slightly to 101.7 in June, compared to 101.8 during the preceding month.
On Tuesday, the EU antitrust regulator has fined the consumer electronics firms Philips, Pioneer, D&M and Asus a total $130M for imposing minimum or fixed online prices for the products.
The Chinese e-commerce giant JD.com has received a regulatory approval for a 30% stake in the global insurance titan Allianz China's unit, becoming the leading investor in a new fundraising round.
The Chinese top state chipmaker Tsinghua Unigroup clinched a deal to buy France's smart chip component manufacturer Linxens worth about $2.6B, sources reported on Wednesday.
The investment company Partners Group Holding is getting closer to acquire the data analytics firm Information Resources Inc from New Mountain Capital in a deal worth over $2.0B.
Russia's petrochemical firm Sibur is getting ready for its initial public offering potentially valued at $2.0B to $3.0B that may take place by this year's end.
The International Monetary Fund reported that the Philippines is expected to maintain the economic growth of 6.7% until 2019, boosted by solid investment and consumption.
The South Korean electronics company LG Display Co plans to reduce its investment plans by $2.7B during the following two years due to uncertainty in the smartphone market.
The US President Donald Trump has called ‘disgraceful' the decision of the Federal Communications Commission not to approve Sinclair Broadcast Group's acquisition of Tribune Media.
Oil prices continued to increase gains for the second consecutive session on Wednesday in response to lower-than-expected US crude inventories.