The Portuguese budget deficit reached $2.4B in the third quarter of 2020, or 3.8% of gross domestic product, data released by the National Statistics Institute show.
The economy of China will expand 2% this year and 7.9% in 2021, faster than previously expected, a report published by the World Bank shows.
The economy of Canada expanded 0.4% in October after a 0.8% growth in September, data published by the Statistics Canada show.
Economic activity in Bolivia contracted 9.56% between January and October, compared to the same period in 2019, the National Statistics Institute reports.
Uzbekistan attracted $6.6B in foreign direct investment in 2020 and wants to increase it to $7.6B in 2021, data published by the government show.
China launched an antitrust probe into Alibaba Group and will summon the company's Ant Group affiliate to meet in following days, regulators stated.
Apollo Global Management said that its institutional investors' group would buy a stake of 49.9% in AB InBev's metal container plants based in the US for about $3B.
Vodafone offered more than €2B or $2.5B to buy out Kabel Deutschland's minority shareholders and end a legal battle over the cable firm with Elliott and others.
South-Korean vehicle maker Hyundai Motor completed the acquisition of a GM factory in Russia's St. Petersburg.
Siemens Energy stated that it has no plans to sell Siemens Gamesa, the CEO told Handelsblatt, following prior reports that it had received approaches for the wind turbine business.
Cairn Energy announced that it won an arbitration case against the government of India on a tax dispute and was awarded damages of $1.2B plus interest and costs.
Tokyo Gas announced that it would invest nearly 20B yen or $193M in the UK retail energy firm Octopus Energy and that they would form a JV in Japan to supply power to retail customers.
Telecom Italia is set to keep Nokia as its supplier and diminish Huawei's share of equipment purchase for building 5G network.
Swedish real estate company SBB raised its stock and cash bid for Norway's Entra to 34.6B Norwegian crowns or $4.0B, exceeding an offer by Castellum.
IBM agreed to pay $24.25M to resolve investigations by the Federal Communications Commission on subsidies awarded to connect libraries and schools to broadband.
China's Ant Group has reduced borrowing limits for its Huabei young users, the company announced on Wednesday, following a suspension of the fintech titan's $37B IPO by the Chinese government last month.
The German airline Lufthansa agreed to secure pilot jobs until the end of March 2022 and cut costs by $548M, according to the pilots union VC's statement made on Wednesday.
Daimler, the German luxury carmaker, is preparing for its truck business stock market listing, according to a Handelsblatt report.
On Wednesday, Merck & Co stated it is set to supply around 60K-100K doses of its treatment against COVID-19 to the US government for nearly $356M.
On Wednesday, Unilever stated it was expanding its tie-up with Burger King, as it sought to launch Whopper in China, Latin America and the Caribbean.
The head of European Commission Ursula von der Leyen is expected to have another call with the UK Prime Minister Boris Johnson regarding the Brexit trade deal this week.
Pfizer is planning to supply 100M more doses of the COVID-19 vaccine to the United States by July 2021, the US drugmaker stated on Wednesday.
On Wednesday, US stock index futures increased slightly ahead of the weekly unemployment claims data as well as consumer spending data.
On Wednesday, China's autonomous vehicle company WeRide reported it raised $200M from the bus developer Yutong Group to build self-driving buses together.