On Wednesday, the US Dollar index against a basket of six major currencies edged higher, adding to yesterday's trading session gains.
On Wednesday, crude oil prices extended yesterday's trading session gains. However, concerns about the global economic slowdown in future demand kept the surge in check.
Alphabet's Google planned to announce a memorandum of understanding with Cuba's telecoms monopoly ETECSA to find ways of enhancing connectivity on the island, a source familiar with matter stated.
Australia's Lynas Corp stated that it would not engage with Wesfarmers over its $1.1B takeover approach for the only proven rare earth elements producer outside China.
Daimler AG was nearing the deal of sale of a 50% stake in the small-car brand Smart to China's Geely Automobile Holdings, the Financial Times stated, citing sources familiar with the matter.
Profits at China's industrial companies suffered the worst decline since 2011 in the first two-month period of this year, as increasing strains over the economy facing slowing demand took a toll on businesses.
Alphabet's Google stated that it launched a global council to consider ethical issues over artificial intelligence and other emerging technologies.
The US auto sales are expected to fall about 2.1% in March from a year earlier amid mixed economic data, lower tax refunds and bad weather, according to industry consultants LMC Automotive and J.D. Power.
Volkswagen AG had no plans to produce hybrid or electric cars in Brazil in the following few years, though it is set to start importing them in 2019, a source familiar with the matter stated.
The US homebuilding declined more than anticipated in February, with single-family homes' construction falling to almost two-year low, suggesting higher evidence of a weakening economic activity.
Toyota Motor announced expectations for its sales in the Caribbean and South America to rise 0.9% this year compared with the prior year, the Vice President of Toyota's Brazil operation stated.
The French economy expanded slightly more than anticipated 1.6% in the year of 2018, exceeding the forecast of 1.5% growth, the INSEE statistics agency stated.
Ferrovial, the Spanish construction company, has entered talks with the US metals group Ferroglobe, as it seeks to acquire its hydro-electric power assets.
On Tuesday, China's Huawei has launched its new flagship smartphone in Paris, hoping for the further gains from the European sales on the back of possible scrutiny over security concerns.
A joint venture planned by Lloyds Banking Group and Schroders, Schroders Personal Wealth, has announced on Tuesday its management team, naming James Rainbow as the intermediary co-head, Nick Allen as CEO and Marcus Brookes as CIO.
The EU antitrust regulators have stopped the review process of the planned acquisition of the Innogy's retail and network assets by E.ON, after the German energy firm failed at meeting a deadline that required submitting detailed data sets.
Nexi has priced its initial public offering shares on Tuesday at between €8.50-€10.35 each that values Italy's payments firm at about €6.4B, one of the EU largest listings this year.
On Tuesday, Germany's pharmaceuticals group Merck KGaA stated it had to take its takeover bid for Versum Materials worth $5.9B directly to the US chemical firm's shareholders amid Versum's unwillingness to engage in negotiations.
Wirecard's shares soared as much as 30% on Tuesday after the law firm had cleared the company's head office alleging false accounting and fraud.
On Tuesday, the EU lawmakers conducted a vote against one-hour clock shifts during the spring and autumn periods starting from 2021, after two years the proposal was made.
China's Huawei is seeing little impact on its sales from the US campaign against the company, saying the other countries are unlikely to follow America in banning the Chinese tech giant from establishing the 5G networks.
On Tuesday, Japan's SESC market regulator announced it would seek a $1.2M fine against Citigroup's British unit, alleging manipulations of the JGB future prices.
Citigroup announced on Tuesday it is seeking to boost its client base of the Asian wealth management by 10% this year, as the company picks more advisers and bolster digital offerings.
On Tuesday, Spotify Technology announced it would acquire Parcast, its third podcast firm it is buying during the last two months, as the company seeks to become the Netflix of audio.