Tesla company has sued an ex-employee saying that he had hacked the electric automaker's trade secrets and distributed a considerable amount of firm's data to other parties.
Telecom Italia is considering to combine the Italian telephone group's fiber-to-the-home broadband assets with the ones from smaller-scale rival Open Fiber.
The dollar was a little bit changed on Wednesday, balancing near an 11-month high against a stack of leading currencies as China showed stronger yuan which neutralized the conflict of trade.
Walt Disney company raised its offer for the large quantity of 21st Century Fox Incorporation's coveted media assets up to $71.3B on Wednesday, sweetening their deal with cash.
Shares of Starbucks Corp plunged 4% on Wednesday, as sluggish sales forecast increased concerns about the company's ability to sustain growth in the United States and China.
Natural gas production in the United States is expected to increase by 10% in 2018 and expand by additional 60% during the next 20 years, as reported by IHS Markit.
Prior to the OPEC meeting set to occur this week, some media sources reported that Saudi Arabia is struggling to gain support for an oil output increase.
Authorities in China are eyeing a cut in the reserve requirement ratios and various other policy tools to increase credit supply to small firms.
The Truck & Bus division of Volkswagen is set to be renamed into Traton Group. The decision of a rebranding is part of a new global expansion push.
The CEO of the US car maker Tesla announced that Germany is seen as a first choice for a European Gigafactory that would produce electric cars in the EU.
Representatives of the Canadian company Bombardier on Wednesday announced that Delta Air Lines will buy 20 CRJ900 planes from the plane producer.
The policymaker of the European Central Bank Ewald Nowotny on Wednesday announced that the risks for stability in Europe might come from politics not the economy.
The European Commission decided to charge import duties on $3.2B worth of American goods in response to the US President Donald Trump's decision to impose tariffs on European aluminium and steel.
Management of Vodafone announced on Wednesday that it will start testing 5G mobile networks in seven largest British cities, such as Birmingham, Glasgow, London and others in second half of 2018.
The Chinese leader Xi Jinping praised on Wednesday his North Korean colleague Kim Jong Un for successful meeting with the US President Donald Trump in Singapore and promised to continue providing support to its neighbours.
Italy's Banco BPM is going to offer for sale their debt collection unit in case suitors bid for a majority of all the bad loans that it has offered for sale, its CEO said on Wednesday.
Hyundai settled a deal with carmaker Audi on Wednesday to team up on developing a hydrogen car technology, aiming to lift up an energy field which has lagged behind electric vehicles.
According to India's Minister of Civil Aviation Suresh Prabhu, India has abandoned its plan to privatise Air India due to lack of potential buyers and high oil prices.
The Malaysian Consumer Price Index rose by 1.8% year-on-year in May, driven by an increase in transportation and food costs, the Department of Statistics reported on Wednesday.
The Chinese stock market fell considerably on Wednesday morning, as increasing US-China tensions weighted heavily on Asian equities for the second consecutive session.
The Thomson Reuters/INSEAD Asian Business Sentiment Index, which represents an outlook from 61 Asian firms, dropped to 74 during Q2Y2018 due to concerns of a China-US trade war.
Goldman Sachs Group is expected to pump $500M into businesses founded, led or owned by women, aiming to close the gender investing gap, the Wall Street bank stated.
German arms exports approved by the government worth nearly 9% less last year, falling to $7.23B in 2017, government sources stated, citing the report to be approved by the Cabinet.
The economic growth of France is expected to slow in 2018 due to stronger Euro, higher prices of oil and unclarities about trade protectionism, the INSEE stated.