Toll Collect is to reimburse the German government €3.2B in order to settle a dispute over delayed introduction of a satellite truck toll system.
The US-based department store chain Macy's Inc raised on Wednesday its yearly profit forecast in response to strong tourism spending and gains from a wider product assortment.
The European Bank for Reconstruction and Development is willing to lend more funds to Western Balkan countries to boost reforms and attract investment, the Bank said today.
The President of the Federal Reserve Bank of St. Louis James Bullard said further interest rate increases would slow the US economic growth and reduce inflation.
The Facebook CEO Mark Zuckerberg is set to meet European Parliament leaders to answer questions about the improper handling of users' private data by Cambridge Analytica.
According to a recent poll by Reuters, the price of Brent crude is likely to remain above $70 a barrel, as the new US sanctions on Iran should tighten the oil supply.
The Swiss luxury goods company Richemont has launched a watch brand Baume which is priced considerably lower in an attempt to attract younger customers.
UK stocks ended the trading session on Wednesday at a four-month high, boosted by the strong appreciation of Paddy Power Betfair and Burberry.
The President of France Emmanuel Macron is set to hold tough negotiations with the CEO of Facebook Mark Zuckerberg on data privacy and tax within a tech firms' summit.
Home Capital Group, Canada's alternative lender backed by Berkshire Hathaway, was committed for the two-year credit line from to Canadian banks, as Buffet's bail out expires next month.
The US top grain exporter to Mexico, Bartlett and Company, is set to merge with the logistics firm Savage Companies as part of consolidation to hit struggling agriculture sector.
DEPA, the Greek largest gas company, has agreed to sell its 51% stake in Thessaloniki-Thessaly Gas to the Italian firm Eni, which already has a 49% holding in the company.
Voters of Burundi were set to vote on Thursday in a referendum, which would allow the residing president Pierre Nkurunziza to stay in power until 2034.
Various leaders of the European Union on Wednesday gathered to discuss how to keep the Iranian nuclear deal intact after the US withdrew from the deal.
Saudi British Bank has agreed with Alawwal Bank on a merger worth $5B to establish the third largest lender in Saudi Arabia, both banks announced on Wednesday.
On Wednesday, the German Chancellor Angela Merkel has backed the Iran nuclear accord, after the United States rejected it, arguing the agreement is the best option to tackle concerns over Tehran's role in its nuclear missile programme.
Paddy Power Betfair is reviewing to but FanDuel, the fantasy sports firm, as it seeks targeting the US sports betting market, Ireland's bookmaker stated on Wednesday.
On Wednesday, Pizza Hut stated it had clinched a franchise accord with the Madrid-based Telepizza Group, seeking to establish the biggest pizza chain in the Caribbean and Latin America.
On Wednesday, the Vietnamese trade ministry stated it was eyeing to lunch a formal inquiry into Grab's takeover of the Uber Technologies' Southeast Asia unit over possible violation of antitrust law.
On Wednesday, Volkswagen's CFO of its truck and bus unit Matthias Gruendler quitted, citing personal reasons, the company's spokesman stated, adding his successor has not been named yet.
The Iranian President Hassan Rouhani noted on Wednesday that Iran would not concede to US demands; a day after the US imposed new sanctions on the country.
Deutsche Boerse favours acquisitions as an expansion strategy, with priorities being fixed-income securities, currencies and others, the CEO Theodor Weimer said on Wednesday.
Felix Ehrat, the Novartis General Counsel, is set to leave his position at the Swiss drugmaker due to his role in a $1.2M contract with the US Personal Donald Trump's personal lawyer.
On Wednesday, Guatemala has opened its embassy in the Israeli city of Jerusalem, a few days after the US moved there its embassy from Tel Aviv.