The UK chip designer ARM halted its relations with Huawei in order to comply with the US blockade of the firm, potentially crippling the China's company's ability to produce new chips for future smartphones.
The UK inflation increased at a yearly 2.1% pace less than the Bank of England and investors expected in April, though still hit the highest level in 2019, supported by a growth in energy bills, the ONS stated.
The average property price in the United Kingdom fell slightly 0.2% to $287.3K in March this year, compared with the prior month, the Office for National Statistics said.
Japan reported that its trade surplus tumbled 90.3% year-on-year to $546M in the reported month, due to falling exports amid lingering global trade issues, the country's government stated.
Austria's Raiffeisenbank is seeking to clinch acquisition deals in Croatia as its organic growth alone would not be sufficient to bolster the company's market share, CEO of the bank's Croatia unit stated on Wednesday.
The Italian antitrust regulator has imposed three-year-long restrictions on Sky's Italy unit, banning it from sharing exclusive contents on the company's online service platform of video-streams due to the Mediaset pay-TV deal.
Ford Motor has partnered with the developer of the walking robot, Agility Robotics, aiming to help its automotive delivery vans drop the packages at the homes' doorsteps.
On Wednesday, Canopy Growth announced it would acquire the skincare firm This Works in a deal valued at $55.2M, adding sleep and beauty products to the Canada weed producer's cannabis oil, medical capsules and hemp portfolio.
The EU largest copper smelter Aurubis announced on Wednesday it agreed to acquire the Belgian-Spanish recycling firm Metallo Group in a $424M deal.
The US Justice Department's antitrust unit staff is recommending to block the T-Mobile's $26B worth takeover of the smaller competitor Sprint, according to sources reporting on Wednesday.
Pret A Manger acquire its smaller competitor EAT, the UK coffee and sandwich shop chain, seeking to capitalise on the vegetarian and vegan market via its Veggie Pret unit.
Sony is seeing the mobile device business as indispensable to the company's brand portfolio, its Chief Executive Kenichiro Yoshida stated on Wednesday, refusing investor calls that the Japanese group should scrap the struggling business.
Germany's payments firm Wirecard stated on Wednesday it was planning to team up with India to ease the tax ID cards issuing process required to open a bank account, transfer money or finalise business transactions.
The UK largest mobile operator EE is set to roll out the 5G services already next week, not planning to offer its customers Huawei handsets due to the US trade restrictions imposed by Washington, which made the company's future unclear.
Nuvei, the US payments technology company, stated it would acquire Britain's SafeCharge International Group in the all-cash deal worth $889M, as the company sought to expand its footprint in the electronic payments industry.
On Wednesday, SoftBank's budget mobile brand Ymobile stated it would postpone the rollout of the Huawei P30 Lite phone due to the US trade restrictions imposition on the Chinese producer.
On Wednesday, German government approved the draft of a 1.25 billion euro program, which will support corporate research.
In the aftermath of the collapse of talks with Deutsche Bank, the CEO of Commerzbank Martin Zielke announced that the bank will adjust its operating strategy.
Three Chinese largest airlines have sought compensation from the US jetmaker Boeing over losses they caused due to delayed deliveries and grounding of the 737 MAX aircraft.
On Wednesday, the biggest biotechnology firm in the world, Amgen, stated it had made an offer to acquire Nuevolution, the Scandinavian biopharmaceutical company, for $166.8M.
The competition authority of El Salvador rejected a bid made by the Slim family-controlled Mexican telecoms company, America Movil, to acquire the local arm of Telefonica, it stated on Wednesday.
Natura Cosmeticos SA, the Brazilian make-up brand, agreed to acquire Avon Products in a stock deal worth over $2.0B, according to a Financial Times report seen on Wednesday.
Fortum made a progress in discussions over cooperation with the energy group Uniper, where it holds a 49.99% stake, after the activist fund stood off from boosting its pressure on Finland's utility utility to gain full control.
Portugal's EDP and French utility Engie are set to make an investment worth $16.7B in a joint venture, seeking to become second-biggest offshore wind developer oil the world after Denmark's Orsted.