On Wednesday, the US radio firm iHeartMedia filed for an IPO with the SEC to list its common Class "A" shares, as the company is nearing bankruptcy exit.
Viacom has tied up with T-Mobile US over a content distribution deal under which media firm's brands, such as Nickelodeon and MTV, would be available to T-Mobile's 80M customers.
CMC Markets shares plunged over 10% on Wednesday, following the company's estimates of an income slump in the preceding year to March on the news the online trading platform's CFO was set to leave and new regulations hit client activity.
On Wednesday, thee major carmakers Ford, General Motors and Toyota have joined their forces to help advance the safety standards for autonomous vehicles that could result in creating regulations in the United States.
Ford Motors is planning to roll out over 30 new car models in China during the following three years with several of them to be electric, as the US carmaker seeks to boost slumping sales in the Asian market.
Searchlight Capital Partners, the investment company, agreed to acquire a 26% stake in France's aeronautics firm Latecoere in a deal valued at about $106.8M.
During the European trading hours on Wednesday stocks reached an eight month high level. The surge could be most likely attributed to the monetary stimulus of the ECB.
The stock price of Superdry plummeted by eleven percent on Wednesday. The decline was caused by recent inside politics at the company, as a founder has achieved his way back into the company.
Hitecvision, the private equity firm, agreed to take over 100% of shares of Solveig Gas, the No. 2 biggest owner of Norwegian offshore gas pipeline system.
German supermarkets chain Metro is still negotiating a potential sale of its Real hypermarkets with several investors, seeking for a deal worth about $1.0B.
The Norwegian Air CEO Bjoern Kjos stated on Wednesday he had held optimistic meetings with the US jet maker Boeing over its 737 MAX 8 planes grounding, following the fatal crash that involved Ethiopian Airlines last month.
On Wednesday, Dubai's Emirates NBD announced it would acquire Turkey's Denizbank in a revised deal with Russia's Sberbank worth $2.8B.
Japan Display Inc is set to supply OLED screens for Apple Watch starting this year, paving its way to the OLED display market on the back of cash issues in the company.
Roche Holding has decided to prolong its $4.3B offer for the US gene therapy company Spark Therapeutics until May 2, after the Swiss drugmaker got only 29.4% of specialist's shares in a deal originally due to complete on Wednesday.
Royal Dutch Shell Plc became the first oil and gas company to leave the US refining lobby, citing climate differences.
Global equity markets hit a six-month high on Tuesday, as investors and traders took a brief pause from three days run of gains.
The Algerian President Abdelaziz Bouteflika has resigned from office after 20 years rule, amid pressure from the country's powerful military.
Crude oil prices reached 2019 high level on Tuesday. The surge was attributed to OPEC supply cuts and the US sanctions against Venezuela and Iran.
Major automakers reported weak sales in the US for the periods of March and the first quarter, pointing to a rough start to the year, though said a strong economic growth and labour market should support sales.
Toyota Motor announced plans to provide royalty-free access to the company's hybrid-vehicle technology patents this year, the Nikkei Asian Review stated.
Canada's auto sales dropped 2.5% percent in March from the prior period, marking 13 months of declines in succession, according to industry data.
Activity in the Chinese services sector jumped to a 14-month high last month amid improved demand, a private survey showed, suggesting that government stimulus measures were gradually kicking in.
The head of the Federal Reserve is expected to brief the Democrats of the House of Representatives about the economy next week. Meanwhile, the head of the Fed has been criticised by the President of the US.
The Prime Minister of the United Kingdom announced on Tuesday that she will seek a further Brexit delay. Moreover, the PM intends to work out a deal with the opposition.