United Airlines announced it was preparing for the 16,370 worker furloughs on October 1 after the federal aid expires, as the COVID-19 pandemic continues to destroy the airline industry.
Amazon.com Inc and Verizon Communications considered more than $4B in investments to buy a stake in India's Vodafone Idea Ltd.
Canada's cable company's top investor rejected Altice USA Inc's $7.9B offer to snap up the Cogeco Inc's US assets and sell the rest to Rogers Communications Inc.
Activity in Japan's services sector weakened in August, with the Services PMI inching down to 45.0, as uncertainty from the COVID-19 pandemic weighed over sentiment.
Mobile gaming company Skillz Inc is set to float shares on the NYSE through the merger with blank-check firm Flying Eagle, which will value the firm at around $3.6B.
Unilever Plc is set to invest €1B to remove fossil fuels from products by 2030, decreasing the carbon emissions created by the chemicals used in production.
Commerzbank became the latest firm to drop Ernst & Young as its auditor, following the Wirecard accounting scandal whose accounts EY signed off.
Ford Motor Co announced its intention to eliminate 1.4K salaried jobs in the US by year-end within a multiyear $11B restructuring.
Ingka Group, one of the owners of IKEA stores, announced plans for sustainability-related investments of €600M over the next 12 months.
Sales of Lego surged 14% in the first six months of 2020, while revenue grew only 7% to nearly $2.5B, the Danish toymaker reported.
Russia's National Media Group and treaming giant Netflix established a partnership to run the US group's service in Russia.
On Wednesday, Walmart's Flipkart has rolled out its online wholesale service on the back of the Indian company's plans to compete with Amazon in the e-commerce market.
Daimler is set to launch its new Mercedes-Benz S-Class sedan on Wednesday, raising hopes the new model will return the German automaker to the profitability in 2021 after weak high-end car demand during the pandemic.
China's Securities Regulatory Commission has granted Citigroup's Chinese unit with a local fund custody licence, according to the lender's statement made on Wednesday.
AT&T is considering to sell Xandr advertising unit due to its restructuring plans to become a media and ad powerhouse transforming from the wireless carrier.
On Wednesday, the German retail sales data revealed a decline in July, which was not expected. Due to that reason a decline in EUR occurred.
On Wednesday, Britain's Domino's Pizza Group has appointed Neil Smith as its permanent interim CFO to succeed David Bauernfeind, who passed away last year.
Nvidia Corp unveiled new powerful gaming chips that had been designed by using Micron Technology's new memory tech and were manufactured by Samsung Electronics.
Ryanair reported the number of passengers it flew surged 59% month-over-month to 7M in August after returning to more regular schedule; however, still marking a weaker reading compared to the prior year's same period.
On Wednesday, Exxon Mobil announced it was considering potential global job cuts, after unveiling a voluntary programme of layoffs in Australia.
Maersk announced on Tuesday that it would slash jobs in a major reorganization that would affect one-third of the company's staff.
According to the ISM data, the US manufacturing activity rose to a reading of 56.0 in August, the highest since January 2019.
According to the Brazilian government statistics agency IBGE, Brazil's gross domestic product declined by 9.7% in the Q2.
Chile's Central Bank announced on Tuesday that economic activity declined by 10.7% in July, as the country remained under COVID-19 lockdown.