Volkswagen's core car brand is set to pull out the Paris motor show scheduled for October 2-3 this year, saying it would host "various communications activities" in the French capital instead of attending the event.
The 21st Century Fox's CEO James Murdoch is eager to step down after the firm sells off its film and TV assets in a deal with Walt Disney and will be replaced by his brother Lachlan Murdoch.
Zoetis, the top animal health firm, is set to acquire the veterinary diagnostics company Abaxis in a deal that was valued at $1.9B, as it seeks to expand in diagnostics services at the fast-growing market.
On Wednesday, Google's YouTube said it would trigger a new music streaming platform called YouTube Music on May 22, adding it would also reveal a premium service soon that would charge more for the original shows.
Intel's Israel-base self-driving unit Mobileye stated it had clinched a deal to supply 8M vehicles with its autonomous driving technology to the European carmaker, not disclosing the further details.
Harbour Energy, the US investment fund, formalised its $10.3B bid for Australian company Santos, though investors indicated that the firm might be worth more.
Chinese northern city of Tianjin revealed its intention to set up $16B worth fund to support the industry of artificial intelligence, news agency Xinhua stated.
The Central Bank of Mexico stated that a cyber attack which affected a payment system within a country, hit five companies and that estimated $15.33M of irregular transactions were detected.
The British firm Mothercare is set to close 50 stores in the country and reappoint Mark Newton-Jones as its CEO within a restructuring plan to be revealed on Thursday.
The US and China are expected to launch trade negotiations on Thursday, aiming to avert damaging tariff conflicts, senior Trump administration's officials stated.
Shares of Tencent Holdings opened 7% higher in Hong Kong, following the company's report of better-than-anticipated results in the March quarter.
Whole Foods debuted a loyalty program for Prime customers, which would test whether Amazon's $13.7B deal intensifies price war in the industry dominated by Kroger and Walmart.
Japan was considering slapping retaliatory tariffs on the US exports worth $409M against aluminium and steel import tariffs imposed by Donald Trump.
Toll Collect is to reimburse the German government €3.2B in order to settle a dispute over delayed introduction of a satellite truck toll system.
The US-based department store chain Macy's Inc raised on Wednesday its yearly profit forecast in response to strong tourism spending and gains from a wider product assortment.
The European Bank for Reconstruction and Development is willing to lend more funds to Western Balkan countries to boost reforms and attract investment, the Bank said today.
The President of the Federal Reserve Bank of St. Louis James Bullard said further interest rate increases would slow the US economic growth and reduce inflation.
The Facebook CEO Mark Zuckerberg is set to meet European Parliament leaders to answer questions about the improper handling of users' private data by Cambridge Analytica.
According to a recent poll by Reuters, the price of Brent crude is likely to remain above $70 a barrel, as the new US sanctions on Iran should tighten the oil supply.
The Swiss luxury goods company Richemont has launched a watch brand Baume which is priced considerably lower in an attempt to attract younger customers.
UK stocks ended the trading session on Wednesday at a four-month high, boosted by the strong appreciation of Paddy Power Betfair and Burberry.
The President of France Emmanuel Macron is set to hold tough negotiations with the CEO of Facebook Mark Zuckerberg on data privacy and tax within a tech firms' summit.
Home Capital Group, Canada's alternative lender backed by Berkshire Hathaway, was committed for the two-year credit line from to Canadian banks, as Buffet's bail out expires next month.
The US top grain exporter to Mexico, Bartlett and Company, is set to merge with the logistics firm Savage Companies as part of consolidation to hit struggling agriculture sector.