The investment banking arm of Deutsche Bank is set to cut costs by nearly one billion Euros, the bank's CFO announced on Wednesday.
Volkswagen representatives announced on Wednesday that, due to new testing rules, the company's car production will experience bottlenecks.
Opponents to the updated Enbridge Canada-US oil pipeline have been reportedly preparing for a last effort to convince the Public Utilities Commission of Minnesota to stop the project.
As Nasdaq tech index was in its fourth consecutive session of gains, Tesla stock as being praised as the main mover of the index.
The Chief Financial Officer of Fitbit has quit to join an autonomous vehicle start up. The company's stock dropped 6.8% on the news.
The common European currency rose to a two-week high level on Wednesday due to ECB officials commenting that its stimulus program might get decreased.
On Wednesday, the European Investment Bank announced that it can't ignore the potential sanctions that the US is set to put on Iran.
The Chief Executive Officer of Athenahealth Jonathan Bush left the company, on Wednesday. Moreover, the company announced that it might be up for sale.
It was announced on Wednesday that the government of Israel will invest 30 million Israeli Shekels into transportation technology start-ups.
The new government of Italy is set to review the shake-up of mutual and co-op banks, which was conducted by the previous government.
After the recent surge of tech stocks, the sector started Wednesday's trading session mixed mainly due to the decline of Facebook shares.
Two key lawmakers of the United States on Wednesday pressured Facebook about not being transparent enough over sharing data with Chinese companies.
Alibaba Group Holding's Cainiao joint venture is set to make an investment worth $1.53B in Hong Kong's new logistics centre, seeking to expand the company's global delivery network.
Australia's property developer and landlord Mirvac Group announced on Wednesday it would acquire a 50% stake from Blackstone Group's LP-managed fund in its Sydney property.
Uniper's CEO Klaus Schaefer stated on Wednesday he would try to maintain his energy firm independent, a few weeks ahead of its rival Fortum to take the majority stake in the group.
On Wednesday, Air China and Air Canada have established a joint venture to expand their cooperation that would significantly raise Air Canada's presence in China's market, making it the largest by 2022.
On Wednesday, Devon Energy, the oil and gas producer, stated it would be selling the interests in EnLink Midstream to Global Infrastructure Partners in an all-cash deal worth $3.13B.
On Wednesday, FCA said it would launch an investigation into the British bank TSB over its IT outage, criticising its head Paul Pester.
On Wednesday, Israeli Innoviz Technologies has partnered with China's car products supplier HiRain Technologies to provide laser-based sensors to the Chinese carmakers.
Siemens experts have launched an inquiry into a fatal crash of an electric aircraft in Hungary that claimed lives of two people, a pilot and a passenger.
Uber announced on Wednesday that it was ready to launch JUMP Bikes, a sharing service of electric bicycles, in the European market.
The Euro surged to a ten-day high of 1.1747 on Wednesday in response to a hawkish comment made by the ECB Chief Economist Peter Praet about strong inflation prospects.
On Tuesday, International Paper has confirmed it would not bid for the Irish packaging firm Smurfit Kappa due to the lack of Smurfit management's engagement.
Northrop Grumman, the US defence contractor, has gained the antitrust approval from the United States to acquire Orbital ATK, the rocket motor supplier, the FTC reported on Tuesday.