Indian company Reliance Communications stated that it anticipates to finish the sale of assets to Canada's Brookfield and Reliance Jio Infocomm in coming weeks.
China is set to diminish tariffs on imports of a row of consumer goods including cosmetics, apparel, fitness products and home appliances from July 1, the government stated.
The Central Bank of Russia stated that the country's financial sector is facing higher market volatility risks along with lower prices of oil.
The US economy showed sightly weaker expansion pace than initially anticipated in the Q1 due to downward revisions to consumer spending and inventory investment.
AirAsia Group shares decreased after India's Federal Police filed the case against the company accusing the airline of corruption, threatening to delay Indian unit's IPO and international expansion.
Adidas have declared themselves winners in a competition against its rival Nike. Adidas have sold more World Cup shirts.
The Beijing security fairs was at its peak on Wednesday, as various firms presented products from surveillance cameras to instant phone hackers.
Various hedge funds are expressing different views on how to manage billions of US Dollars that they have bet on the Italian banking sector.
The ECB announced on Wednesday that the central bank sees no need to react to the Italian political developments.
India's ICICI Bank Ltd will open an inquiry into allegations that an anonymous whistle-blower made against its Chief Executive Officer Chanda Kochhar.
India and Indonesia have agreed to strengthen their defence and maritime cooperation by constructing a naval port in the Indian Ocean and developing an economic zone at Sabang.
The Turkish Foreign Minister Mevlut Cavusoglu told media on Wednesday that Turkey would get jets elsewhere if the US government blocked its purchase of Lockheed Martin F-35s.
Greece has sold a 5% stake in the country's biggest telecommunications operator OTE to Deutsche Telekom for €284M.
The Japanese investment bank Nomura has pushed back the estimated timing for a rate hike by the European Central Bank from March 2019 to September 2019.
The Federal Statistical Office of Germany reported that inflation in five German regions, including North Rhine-Westphalia and Bavaria, exceeded the ECB target rate of 2% in May.
The Chinese authorities on Wednesday scolded the renewed US trade threats, which come just before the US Commerce Secretary visits China.
The International Monetary Fund on Wednesday announced that trade frictions are creating a significant risk for the Chinese economy.
Bayer has won the US approval for the planned Monsanto takeover, after it had agreed to sell around $9B in assets, clearing major impediments for the $62.5B deal.
On Tuesday, WellCare Health stated it was set to acquire Meridian Health Plans of Illinois and Michigan in a deal valued at $2.5B in cash, seeking to become the key Medicaid provider.
China's Hong Kong Airlines is planning an initial public offering in the near future, tapping investors to attract about $350M by selling its new shares and convertible bonds, an official document showed.
The German carmaker Daimler has invested $175M into the Estonian taxi service and Uber's rival Taxify, which operates across the Central and Eastern Europe and Africa, two companies stated on Wednesday.
The US-listed Cigna Corp is set to acquire a New Zealand life insurance unit from ANZ Bank New Zealand in a deal valued at $482.4M.
On Wednesday, the global miner BHP Billiton stated its joint venture with Mitsubishi unit was set to sell an Australian coal mine to the Japanese firm Sojitz for $74.89M.
The US-based electric auto manufacturer Green4U Technologies is to invest $20M in an assembly plant in Honduras within the following five years.