Microsoft appointed its CEO Satya Nadella as the company's new chairman, replacing John Thompson, Reuters reported.
The Chinese market regulator launched an antitrust investigation into Didi Chuxing, in the time the ride-hailing firm is planning potentially the largest IPO in the US this year.
TikTok owner ByteDance reported its total 2020 revenue soared to $34.3B, while net loss for the same period widened to $45B, the company's memo showed.
Polestar, the premium EV maker owned by China's Geely and Volvo Cars, is set to build electric SUVs at Volvo's plant in the US starting in the second half of 2022.
Oil and gas producer EP Energy received a takeover bid from private equity companies including Quantum Energy Partners and EnCap Investments, sources said.
Blackstone Group is set to buy all shares in SOHO China for around $3.05B and maintain the company's stock market listing, the Chinese office developer stated.
Alphabet Inc's self-driving division Waymo stated it raised $2.5B in the new funding round this year, following a string of concerns about the technology struggling to scale up.
During Wednesday's US trading hours, stock prices declined due to the announcement of the US Federal Reserve that it could hike rates in 2023.
On Wednesday, the US Federal Reserve announced that it could initiate rate hikes in 2023, as inflation rises.
Vodafone and Amazon Web Services have signed a partnership to roll out the "edge computing" services deemed for Vodagone's business customers in Britain.
Japan's exports surged 49.6% at the fastest pace in 41 years last month, helping the third-biggest economy in the world offset weak domestic demand due to growing activity in its key markets, boosted by COVID-19 vaccinations.
On Wednesday, Toyota Motor's shares reached their record-high level, with the company's president thanking shareholders at the carmaker's annual general meeting.
China's factory output is continuing to decline for the third month in succession, with the 8.8% reading in May, likely tumbled by disruptions related to the COVID-19 pandemic.
The European Central bank will extend the pandemic relief for banks by nine months with the intention to keep credit flowing, according to a Bloomberg report published on Wednesday.
Hyundai Motor Group has entered talks with South Korea's local chip firms, asking for help to cut the reliance on international supplies due to the global chip shortage.
Nvidia Corp may be unable to meet the deadline set for March 2022 for closing the $40B acquisition of Arm, the UK chip technology company, amid EU regulators' unwillingness to consider the deal before the summer holidays.
South Korea's game maker Krafton reported on Wednesday that it targets up to $5 billion in IPO, seeking to reach the top of its range, signalling a potential record for the Asian country.
On Wednesday, Thai Airways International announced the resignation of its acting CEO Chansin Treenuchagron after the company's restructuring plan had been approved.
During Wednesday's European trading hours, global stock indices held near record high levels, as the markets expected late Wednesday's Federal Reserve Meeting Minutes.
EBay is planning a sale of its South Korean unit for $36B to Naver and Shinsegae's E-Mart, according to reports seen on Wednesday.
Blackstone Group is close to ink a deal to acquire Soho China, the office developer, in what could become its largest real estate investment into the Asian country, according to Bloomberg News.
General Motors is set to boost its global spending on self-driving and electric vehicles by 30% to $35B through 2025, according to Reuters.
As reported by the US Commerce Department on Tuesday, US retail sales edged lower by 1.3% in May.
On Tuesday, the European Union and the United States agreed on a long-term truce in the 17-year old feud over Boeing-Airbus subsidies.