Carlyle Group stated it raised $6.55B for its new Asian private equity fund, which would seek strategic investment and buyout opportunities across a range of sectors within the region.
China-owned Volvo Cars opened a new auto plant in South Carolina, as its executives warned that the US-China trade dispute could undermine plans to create nearly 4K auto jobs in the state.
Restoring full lending power of the US Export-Import Bank is vital to shrinking trade deficits and the country's economic growth, planemaker Boeing stated after Kimberly Reed was nominated as the Bank's President.
China Merchants Port Holding made a $584M payment within a $1.12B deal to operate the deep sea Hambantota port of Sri Lanka, a state-run agency stated.
Facebook-owned social network Instagram stated that it added a section for long videos, expanding in a competition amidst streaming services.
Former Mayor of New York City Michael Bloomberg, a regular critic of Republican President Donald Trump, plans to spend $80M supporting Democratic candidates in the US congressional elections.
A jump in media and technology stocks uplifted the S&P 500 on the third day of a week, pushing Nasdaq to an all-time high, leaving Dow under pressure due to the US-China trade spat.
Germany approved weapons exports worth $7.23B last year, which was down nine percent from 2016, as outlined in a rubber-stamped government report on Wednesday.
The OPEC meets on Friday to make a decision on output policy in the middle of calls from leading consumers like the United States, China and India to cool down prices of oil by producing more.
Tesla company has sued an ex-employee saying that he had hacked the electric automaker's trade secrets and distributed a considerable amount of firm's data to other parties.
Telecom Italia is considering to combine the Italian telephone group's fiber-to-the-home broadband assets with the ones from smaller-scale rival Open Fiber.
The dollar was a little bit changed on Wednesday, balancing near an 11-month high against a stack of leading currencies as China showed stronger yuan which neutralized the conflict of trade.
Walt Disney company raised its offer for the large quantity of 21st Century Fox Incorporation's coveted media assets up to $71.3B on Wednesday, sweetening their deal with cash.
Shares of Starbucks Corp plunged 4% on Wednesday, as sluggish sales forecast increased concerns about the company's ability to sustain growth in the United States and China.
Natural gas production in the United States is expected to increase by 10% in 2018 and expand by additional 60% during the next 20 years, as reported by IHS Markit.
Prior to the OPEC meeting set to occur this week, some media sources reported that Saudi Arabia is struggling to gain support for an oil output increase.
Authorities in China are eyeing a cut in the reserve requirement ratios and various other policy tools to increase credit supply to small firms.
The Truck & Bus division of Volkswagen is set to be renamed into Traton Group. The decision of a rebranding is part of a new global expansion push.
The CEO of the US car maker Tesla announced that Germany is seen as a first choice for a European Gigafactory that would produce electric cars in the EU.
Representatives of the Canadian company Bombardier on Wednesday announced that Delta Air Lines will buy 20 CRJ900 planes from the plane producer.
The policymaker of the European Central Bank Ewald Nowotny on Wednesday announced that the risks for stability in Europe might come from politics not the economy.
The European Commission decided to charge import duties on $3.2B worth of American goods in response to the US President Donald Trump's decision to impose tariffs on European aluminium and steel.
Management of Vodafone announced on Wednesday that it will start testing 5G mobile networks in seven largest British cities, such as Birmingham, Glasgow, London and others in second half of 2018.
The Chinese leader Xi Jinping praised on Wednesday his North Korean colleague Kim Jong Un for successful meeting with the US President Donald Trump in Singapore and promised to continue providing support to its neighbours.