On Wednesday, shares of Cara Therapeutics soared more than 20%, as it had signed a licensing deal with Vitor Fresenius that could provide the US drug maker with up to $470M in milestone payments.
Royal Air Maroc and Alitalia have clinched a code sharing accord to bolster air links to 29 from the current seven between Morocco and Italy, RAM stated on Wednesday.
China's Qumei Home Furnishing has made an all-cash proposal for the Oslo-based furniture maker on Tuesday, valuing the Norwegian company at $630.75M, both firms confirmed in a joint statement.
Bain Capital Credit has won a $1.06B rescue deal of the Italian engineering firm Trevi, as the company is deeply mired in debt, which became a reason for a sale.
On Wednesday, Comcast confirmed it is getting ready to make an offer for the 21st Century Fox's businesses, which Fox had already agreed to sell to the entertainment giant Walt Disney.
Nissan and Renault are revising their carmaker alliance's ownership structure, but their merger into the single listed company is highly unlikely in the following two years, the CEO Carlos Ghosn stated on Wednesday.
IBM has announced about its plans over new hiring in France, ahead of the Microsoft and IBM CEOs' meeting with the President Emmanuel Macron.
On Wednesday, Malaysia's Transport Minister Anthony Loke stated that the search for Malaysia Airlines flight MH370 that went mysteriously missing in 2014 should end next week.
Tesla had to cut up to $14K off Model X in China, following Beijing's announcement about major tariff trims for imported vehicles.
The Chinese port operators Dandong Port Group reported on Wednesday that its assets worth $422.87M had been frozen due to a securities dispute.
According to a recent poll by Reuters, the industrial production in Singapore likely expanded by 8.3% year-on-year in April, boosted by a rise in pharmaceuticals output.
On Tuesday, Yelp announced it had resumed its EU antitrust complaint against Google, as it sought to receive traction on an accusation that Google unfairly pushes its own services in the results.
On Wednesday, shares of Australia's SeaLink Travel surged 12.3% following its rejection of a takeover bid worth $363.64M from an undisclosed potential buyer, the firm confirmed.
On Wednesday, Australia's SeaLink Travel confirmed it had rejected an unsolicited takeover offer for the company worth $363.64M from an undisclosed potential buyer.
Vista Oil & Gas, the Mexican energy investment company, has signed a deal with Jaguar Exploracion y Produccion over three onshore projects, acquiring 50% of shares with the initial payment of $27.5M.
Bayer has received the Indian antitrust regulator's approval to acquire the US seed giant Monsanto, in a step that brings the pharmaceuticals company closer to finalise its $62.56B deal.
Poland's largest oil refiner PKN Orlen is set to buy out the remaining 5.97% in the Czech unit Unipetrol for 380 crowns per stake to complete the takeover, the company stated late on Tuesday.
Santos shares plunged 9%, after Australia's gas producer had rejected a $10.8B takeover proposal from Harbour Energy late on Monday, holding up better than it had been expected.
On Wednesday, SoftBank Group stated it would sell its 20% stake in India's e-commerce company Flipkart to Walmart, the first public Vision Fund divestment.
The Official Monetary and Financial Institutions Forum said investor assets in the public sector surged 7.3% to $36.2T in 2017, boosted by the price of gold and equity market gains.
The Bank of Korea is likely to keep its benchmark interest rate unchanged at 1.50% during its meeting on Thursday, a recent poll by Reuters showed on Wednesday.
According to Bloomberg, the Chinese telecommunications company ZTE Corp suffered losses of at least $3.1B due to the US imposing a ban on its American suppliers.
Shares weakened in the Asian session early on Wednesday in response to fading optimism about progress made on trade talks between the United States and China.
The government of Japan is expected to push back the timeframe for reaching a balanced budget in five years to fiscal 2025, but set a temporary target to assess progress in getting it in order.