On Wednesday, Benjamin Netanyahu, the Israeli Prime Minister, was reelected to his position by the Israeli Parliament. It indicates that the current policies of the Presidential cabinet will continue.
French officials proposed on Tuesday to the European Union financial controllers to reconsider the planned Brexit stock ban. The ban would forbid thousands of EU stock from being traded in the UK. That would hurt the stock prices, as demand would decrease.
French Financial Minister announced on Wednesday that the trade war escalating between Airbus and Boeing is bound to help the Chinese airplane makers.
The statisticians of the United Kingdom on Wednesday published the monthly UK GDP data. The economy grew by 0.2%. The number was forecast by the Bloomberg survey of various market participant firms.
On Wednesday, Alphabet and Facebook representatives appeared before US congress. The representatives were defending the efforts that the companies have taken to get rid of hate speech on social media.
On Wednesday, the Swedish government presented its budget for spring, which included additional 2 billion Swedish crowns to combat the negative consequences of climate change.
The Finance Minister of Turkey Berat Albayrak stated on Wednesday that the government would increase banks' capital and adjust taxes in order to give stimulus to the country's fragile economy.
The Japanese carmaker Infiniti stated on Wednesday that it plans to launch its first electric vehicle (EV) produced in China in 2022.
According to sources familiar with the matter, the price of Saudi Aramco's issued 30-year bonds on Wednesday morning increased by 1%, thus showing better performance compared to the company's short-term bonds.
The German Finance Minister Olaf Scholz stated on Wednesday that he remained confident that the British Parliament would eventually approve deal on Brexit.
According to reports coming from Brussels, the European Union leaders are ready to approve another delay on Brexit, though there is a high chance that they would ask Theresa May to accept a longer extension and conditions.
On Wednesday, crude oil prices edged higher. The surge was attributed to OPEC supply cuts and the US sanctions against Venezuela and Iran.
The White House has increased pressure on senior Department of Homeland Security officials, as the DHS struggles with a flood of immigrants in the Mexico-US border.
On Wednesday, Asian stocks retraced from an eight-month high level, as IMF lowered its global growth forecast and a new trade war front opened between the US and the EU.
According to Channel 12 TV, the Israeli Prime Minister Benjamin Netanyahu has won the country's national election.
Haruhiko Kuroda, the Bank of Japan's Governor stated that the Central Bank was seeking to create conditions in which an acceleration in price growth is accompanied by increases in corporate profits and wages.
Uber Technologies announced its decision to seek to sell around $10B worth of stock in its IPO, and will make public the offering's registration on Thursday, sources familiar with the matter stated.
Japan's machinery orders marked the first monthly increase in the four-month period to February amid improved demand from the telecommunications and energy sectors.
Qualcomm revealed its new chip for extending artificial intelligence work in a bid to diversify beyond the company's stronghold in mobile phone chips and into the market dominated by Intel and Nvidia.
On Tuesday, American Airlines Group has cut its Q1 revenue estimates after cancelling over 2K flights amid the Boeing 737 MAX planes' global grounding; however, the total cost of halted operations is not known yet.
Deutsche Boerse is set to acquire Axioma, the risk management software firm, in a deal valued at $850M, as the SE operator is planning to combine the company with its index business to establish a new analytics business.
Bruno Le Maire, France's Finance Minister, stated he was exploring all potential options for the St Gobain Pont-A-Mousson factory, including deals with a US fund or a Chinese partner.
The Qatari sovereign wealth fund's plan to invest in the German lender Deutsche Bank stalled, as Qatar's officials have not yet provided necessary documentation that could derail the potential investment.
Italy's Newlat expressed its interest in purchasing Plasmon, the infant food brand held by the US giant Kraft Heinz, Newlat's adviser stated on Tuesday, adding the company seeks to expand its food brands portfolio.