On Wednesday, Facebook stated it is unlikely to suggest compensation for the 2.7M EU users affected by the data breach scandal, in which personal data was illegally shared with the political consultancy Cambridge Analytica.
US Senate Committee's official stated that a hearing on the $26.5B merger of the US wireless carriers Sprint and T-Mobile would take place on June 27.
According to the Interfax news agency, Russia is set to deliver ten Su-35 fighter jets to China this year, with China to buy 24 jets in total amid their deal valued at nearly $2.5B.
The Commerce Ministry of China indicated the country's good potential in partnership with Germany in digitalisation, artificial intelligence and new energy cars sectors.
The Trump administration started a national security probe into truck and car imports that could cause implementation of new US tariffs, which would be painful for Asia's automakers.
The Bank of Korea kept the key interest rates unchanged for the sixth month in succession, as inflation growth was still below target, while trade frictions between China and the US raised fears to other economies.
The first private-scoring firm in China started its operations in Shenzhen and is likely to be able to store and collect personal credit information and credit rate ratings and reports.
Indonesia's online payment and ride-hailing firm Go-Jek stated that it would enter Singapore, Thailand, Vietnam and the Philippines in the following months, investing $500M in its international move.
Amazon Web Services was looking for Chile investment in the long-term within a plan for a larger Latin American expansion, a senior executive stated after meeting with the country's President.
Uber Technologies Inc confirmed on Wednesday that it had temporarily shut down its autonomous vehicle program following the fatal crash with one of its cars two months ago.
The US Secretary of State Mike Pompeo explained on Wednesday that the US would not continue nuclear talks with North Korea if ‘the right deal is not on the table'.
In its economic policy recommendations, the European Commission noted that Italy should reduce its heavy public debt in order not to cause significant risk for the Euro area.
According to the Federal Reserve meeting minutes, most policymakers support another interest rate hike in case the US economic outlook remains unchanged.
On Wednesday, Chief Executive Officer of General Electric Co John Flannery stated that a company cannot guarantee 2019 dividend because the capital and power units are still being fixed.
On Wednesday, the Foreign Minister of Germany Heiko Maas claimed that European countries plan to stay united to stick to 2015 Iran nuclear agreement despite the decision of the US to exit the deal.
On Wednesday, The World Bank reported that it has lowered the economic growth forecast of Russia for 2018 from 1.7% to 1.5%, warning about the economic stagnation of Russia in the nearest years.
A spokeswoman of Russian Foreign Ministry Maria Zakharova claimed that the Foreign Minister of Russia Sergei Lavrov is planning to visit North Korea on May 31 before the US-North Korean summit in Singapore.
Duetsche Bank was planning to cut 10K positions, or nearly a one-tenth of its total workforce, within the effort to diminish costs, The Wall Street Journal stated.
Sales of new single-family homes in the US fell less than anticipated in April due to an increase in transactions in Northeast and South, while data for the previous three months was revised down.
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.