The US import prices dropped for a second month in succession in December, as the petroleum products' cost tumbled, causing the largest year-over-year drop since 2016.
Infor, the cloud technology firm, announced on Wednesday it had received a $1.5B more in funding from its two shareholders, the PE group Golden Gate Capital and Koch Equity Development, ahead of its planned IPO in 2019-2020.
Farallon Capital Management, the US hedge fund, is nearing a deal to acquire a majority stake in the Brazilian conglomerate Odebrecht's toll road operator for about $403.58M.
Fiserv, the US financial technology provider, announced on Wednesday it would acquire First Data, the payment processor in the $22B all-stock deal, one of the biggest takeovers in the fintech sector.
On Wednesday, Ford Motor said it saw a weaker-than-expected Q4 results, and faced an uncertainty in 2019 amid trade disputes and Britain's withdrawal from the EU, sending the carmaker's shares down 2%.
The US import prices plunged 1.0% in December, tumbled by petroleum products cost and a strong US dollar that curbed other goods prices; thus, causing the biggest annual fall in over two years.
On Wednesday, Goldman Sachs bet analysts' forecasts on its overall trading revenue by showing a 2% rise and a 17% jump to $1.60B in its equities trading revenue, becoming the only WS bank to report growth in the Q4 trading revenue.
The CEO of Magna, Don Walker, urged the vehicle and auto parts makers to cut back their investments and establish more partnerships, if they seek to capitalise on EVs and self-driving cars.
Ties between Verizon Communications and Apple Inc deepen, as the telecommunications firm is set to launch a subscription to free Apple Music for some of the US customers.
Microsoft Corp and Walgreens Boots Alliance, the drugstore chain, have signed a seven-year-long deal to develop new digital healthcare services and platforms that run on electronic devices.
On Tuesday, Facebook announced it would implement stricter rules for political advertising this year in the European Union, Ukraine and Nigeria to halt any election interference.
Tim Stone, Snap's Chief Financial Officer is planning to resign from his position, sending the camera company's shares down 8% to $6.02 in the after market trading on Wednesday.
Netflix is lifting the monthly fees for the American subscribers by 13%-18%, the company's first price increase in about two years, amid rise in its spending on international expansion and original content in recent years.
Internet Gold-Golden Lines has failed to sell its stake in B Communications, which controls the biggest telecoms group in Israel, Bezeq, the US regulatory filing showed.
Salesforce.com has entered talks to take over the US-Israeli software maker ClickSoftware Technologies in a deal worth about $1.5B, according to the Calcalist news website's report published on Wednesday.
On Wednesday, the Danish freight firm DSV has made a bid to acquire its Swiss rival Panalpina for about 4.0B Swiss francs or 170 Swiss francs for a share.
Rubrik, the Data management start-up, attracted $261M in its latest Bain Capital Ventures-led round of funding, valuing the firm at $3.3B.
The family office of Ralph Winter, Germany's real estate investor, agreed to make a $300M worth investment within the next three years to develop about 1,300 US units of shared housing conducted under Medici's Quarters brand.
Sage Group is planning a sale of its US payroll outsourcing division for $100.08M, as the software provider seeks focusing on subscription services and move the majority of products to its cloud.
Shares and bonds in PG&E Corp fell sharply, losing 71% of their value since the beginning of the year, as the US power utility announced it would likely to file for the Chapter 11 bankruptcy protection.
CVS Health Corp announced its partner Walmart is set to leave its network for the Medicaid and commercial prescription drug plans due to a pricing dispute, as two firms failed to reach an agreement on the issue.
Payless ShoeSource, the US discount retailer, has hired the investment bank PJ Solomon, as the company seeks exploring all strategic options, including restructuring or sale, less than 1.5 years after the firm emerged from bankruptcy.
The private equity firm Apollo Global Management is getting closer to sign a deal to acquire Arconic, the US aluminium products maker, for more than $10B or $21-$22 per share, according to the WSJ.
The European Union will collapse unless it reviews the migration policy, the Italian Prime Minister Giuseppe Conte says after a meeting with the European Commissioner for Migration, Home Affairs and Citizenship Dimitris Avramopoulos.