The International Monetary Fund cut the forecast for Germany's GDP growth to 2.2% in 2018, saying that the threat of hard Brexit and rising protectionism exposed the economy to significant short-term risks.
Netflix premiered the first series in India's Bollywood, raising the stakes in the battle with streaming competitor Amazon Prime for the country's more than 1B potential viewers.
The party of the Mexican President-elect Andres Manuel Lopez Obrador could face a $10M fine for campaign finance rules' violations, the national electoral institute stated after the group's wide-reaching election victory.
Britain's largest carmaker Jaguar Land Rover stated that a so-called hard Brexit would cost it £1.2B a year, curtailing the company's future operations in the United Kingdom.
Airbus Chief Executive Tom Enders stated that he was worried that an escalation in the US trade dispute with other countries is likely to trigger retaliation, which could impact air traffic.
On Wednesday, Brazilian police arrested a top executive of General Electric Co in Latin America, Daurio Speranzini Jr, as a part of investigation of medical equipment fraud scheme.
On Wednesday, British Supreme Court dismissed an appeal by Goldman Sachs regarding a compensation for a loan provided to Portugal's Novo Banco's bankrupt predecessor Banco Espirito Santo.
On Wednesday, the World Trade Organisation said in trade restrictions report that current trade tensions, including a trade war between China and the US, could affect the recover of global economy.
On Wednesday, the lawmakers of the EU gave an approval for the European Investment Bank to operate in Iran as a part of attempt to save 2015 Iran nuclear agreement after the US withdrawal from the deal.
On Wednesday, an official of Spanish trade union SITCPLA claimed that coordinated strikes of Ryanair cabin crew in Italy, Spain, Portugal and Belgium will be announced on the next week after the approval by Italian authorities.
On Wednesday, the President of Iran Hassan Rouhani claimed that Iran will remain in 2015 nuclear deal only in case its benefits will be guaranteed by other major powers after the decision of the US to withdraw from the deal.
On Thursday, members of the EU are going to discuss and vote on measures suggested by the European Commission to curb steel imports into the bloc to prevent surge of the imports of steel.
On Wednesday, Volkswagen said that it is planning to launch a car-sharing service with electric vehicles in German cities by the end of next year to compete with Car2Go and DriveNow car-sharing companies.
On Wednesday, Enbridge announced it is planning a sale of its Canada processing business and natural gas gathering to Brookfield Infrastructure Partners in a deal valued at around $3.28B.
Credit Agricole is considering to sell its Polish business unit, France's 13th largest bank by assets, amid a lack of scale to compete with bigger players in an environment of a low interest rate.
Shin Bet, the Israeli local intelligence service, stated on Wednesday it partnered with seven Israeli private start-ups, as it seeks to find some unconventional approaches to the tech challenges.
Uber Technologies has resumed its ride-hailing service in Finland this Wednesday, following a one-year pause, with a plan to benefit from the Finnish transport law reform.
SPF Group and China Merchants Group are joining their forces with the British investment company Centricus, seeking to launch a $15B China New Era Tech Fund.
On Wednesday, the British Supreme Court has rejected Goldman Sachs's appeal for a compensation from the Portuguese bank Novo Banco over the $835B loan to the bank's bankrupt predecessor BES.
Foreign Ministers from Germany, France, Britain, Russia and China are set to meet their Iranian counterpart this Friday in Austria's capital of Vienna to negotiate the 2015 nuclear agreement.
Chevron has launched a sale process of the several gas and oil fields in the central region of the North Sea, a company's spokesman stated on Wednesday.
Japan's Prime Minister Shinzo Abe had to cancel his trip to Iran scheduled for this summer, amid the US President Donald Trump's pressure on Tehran, Kyodo News reported on Wednesday.
Shares in Taiwan's second-biggest chip maker United Microelectrics Corp rose over 2% on Wednesday, following a report on its win of a trade infringement lawsuit with Micron Technology.
On Tuesday, Chile's President Sebastian Pinera announced about his plans to meet the CEOs of Alphabet and Amazon.com next week, seeking to enlist the firms' support for helping the country make technological progress.