According to report published by Bloomberg, Taiwan's Foxconn intends to lower expenses next year by $2.88B amid an uneasy and highly competitive year.
It was revealed on Wednesday that Wells Fargo is fighting to cut off some customers of the plan to compensate nearly 600,000 car insurance purchasers, which were falsely pushed into buying the insurance.
On Wednesday, it was announced that the Nissan-Renault alliance is under threat due to the arrest of the common chairman of the companies Carlos Ghosn.
The German Chancellor Angela Merkel said on Wednesday that her government would back agreement negotiated with Theresa May and expressed hope that clash with Spain over Gibraltar could be resolved by Sunday.
The CEO of German Freenet Christoph Vilanek stated on Wednesday that the company maintained intention to make investment into biggest consumer electronics retailer in Europe Ceconomy.
The Premier for British Columbia stated on Tuesday the government was set to introduce a legislation starting next year that would require all new vehicles sold by 2040 to be zero-emission or electric cars.
On Tuesday, Instacart announced it had hired the Instagram manager, Bangaly Kaba, as the grocery delivery company aims to boost growth.
The largest investment firm in the Gulf state, Kuwait Projects, has selected Goldman Sachs as the adviser on its controlling stake sale in the pay-TV operator OSN.
On Wednesday, Australia's Coles Group has started trading at A$12.49, bringing the company the market value of A$17.27B and beating analysts' expectations.
The health insurer Humana and Walgreens Boots Alliance have entered preliminary talks to acquire each other's equity stakes, according to the Wall Street Journal.
The private equity group Blackstone and the US retailer Amazon.com are among bidders for the Walt Disney's 22 sports networks, including Yes Network that focuses on New York.
The US banking sector reported $62B in profits in the Q3, up 29.3% from the same period in 2017, according to the quarterly statament released by the FDIC.
Santander Consumer USA is likely to pay $11.8M to settle claims that the company misled customers about the terms and cost of auto insurance and loans, the US consumer watchdog stated.
The US companies' borrowing to spend over capital investment grew 6% in October from a year before, as the firms signed up for $8.9B in new loans, the ELFA stated.
Singapore's authorities were investigating Noble Group for suspected misleading and false statements, days before the Singapore-listed firm was to complete $3.5B worth debt restructuring deal to prevent its collapse.
The United Nations Secretary-General Antonio Guterres appointed Miguel Angel Moratinos Cuyaube as his representative for the UN Alliance of Civilizations.
The World Trade Organization needs to restore its ability to settle disputes, the Chinese ambassador to the WTO Zhang Xiangchen says.
Russia's GDP expanded 1.5% the first nine months of 2018, compared to the same period the previous year, Russia's Federal Statistics Service reports.
The Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, Sheikh Mohamed bin Zayed Al Nahyan, will visit France on Wednesday to discuss bilateral cooperation.
Iran vows to overcome US sanctions imposed after US withdrawal from the nuclear deal in May, the Iranian defence minister Amir Hatami says.
The Czech Prime Minister Andrej Babis met with the Chinese Vice Premier Sun Chunlan in Prague to discuss bilateral ties.
US privately-owned housing starts increased 1.5% to 1.228M in October from the previous month, the US Department of Commerce reports.
China and the Philippines on Tuesday agreed to improve their ties in the framework of the Belt and Road Initiative, the Philippine President Rodrigo Duterte says.
The US homebuilding rose in October due to a rebound in projects of multi-family housing, though single-family homes construction decreased for a second month in succession.