Purdue Pharma's CEO Craig Landau stated the group was exploring bankruptcy filing due to facing a couple of lawsuits alleging the OxyContin maker had contributed to the US opioid epidemic sweeping.
Toyota Motor and SoftBank Group are in talks to make a $1.0B investment into Uber Technologies' self-driving car unit that could value the firm at $5.0B to $10.0B, according to sources.
Growth in the Chinese industrial output fell to a 17-year low in the first two-month period of the year, suggesting further weakness in the world's second-biggest economy.
Brookfield Asset Management stated that it will buy biggest part of Oaktree in a $4.8B deal, creating an asset manager, which would challenge the likes of industry major Blackstone Group.
Excluding China's Huawei from participation in the Germany's 5G next-generation mobile network's construction is likely to hurt Europe's largest economy, Interior Minister Horst Seehofer stated.
The Monetary Authority of Singapore announced in the report that forecasters downgraded growth forecast of Singapore for 2019 from previously predicted 2.6% to 2.5%.
Austrian wine exports rose 6.9% in the year of 2018 to reach the record of $192.2M in value, the Austrian Wine Marketing Board reported on Wednesday.
German energy firm E.ON achieved the company's profit targets for the 2018 fiscal year and should be on the path for the planned acquisition of Innogy, the green energy company.
EU broadcaster RTL is set to invest $396M in the paid streaming services in the next three years, as the company met the challenge of global streaming majors like Netflix.
Smartphone shipments to China fell to their lowest in the six-year period last month, market data revealed, as consumers kept putting off handset purchases due to a slowing economy.
The US construction spending increased markedly in January, with investments in public projects growing to the strongest level in eight years, which could boost economic expansion estimates for the Q1.
The EZ industrial output was stronger than anticipated in January, data revealed on Wednesday, mainly owing to a solid contribution from energy and in spite of a drop in Germany's production.
Volkswagen announced on Wednesday it is set to postpone preparations for its planned initial public offering of the Traton trucks unit until the market conditions improve, as it is difficult to determine the IPO price.
On Wednesday, Ford Motor confirmed it would trim its salaried jobs in the United States, not specifying the exact number, on the back of the company's global reorganisation launched last year.
Fiat Chrysler Automobiles is set to recall 862,520 gasoline-powered cars in the US, which do not meet the American emissions standards, the EPA announced on Wednesday.
On Wednesday, Verizon Communications stated it would launch the 5G mobile network service in Minneapolis and Chicago, starting April 11 by using any unlimited mobile plans for the $10 cost.
Norwegian Air stated on Wednesday it would demand compensation from the aircraft maker Boeing for loses after the carrier had to ground its fleet of eight 737 MAX planes amid the fatal crash in Ethiopia.
On Wednesday, Insys Theraupetics' auditor raised its doubts over the company's ability to keep going on as an operating business, sending the drugmaker's shares down 10%.
Adidas is seeing supply chain problems to slow its sales growth in this year's first half in North America, the company said on Wednesday, sending its shares down to 3.5%.
The producer price index in the United States increased by 0.1% in February, missing analysts' expectations, according to the Labor Department's report published on Wednesday.
JPMorgan Chase's consumer banking division announced on Wednesday it would open about 90 branches in nine key US markets amid severe competition among three US banks for deposits and loans.
Spotify filed a legal European Union antitrust complaint against Apple Inc., claiming the US tech giant unfairly limits competitors to its Apple Music streaming platform.
The African e-commerce firm Jumia, backed by the German investor Rocket Internet, filed for an initial public offering in New York that could value the company at no less than $1.6B.
On Wednesday, the head of the EU's Brexit negotiation team announced that he doubts that there is a need to extend the UK's Brexit deadline beyond March 29.