China Tower, the mobile phone infrastructure firm, is seeking to attract up to around $8.8B from the Hong Kong initial public offering at the valuation of $35B, according to sources familiar with the matter.
Uber Technologies Inc named Simon Hania as their new data protection officer and Ruby Zefo as new chief privacy officer the company spokesman stated on Wednesday.
On Wednesday, Switzerland's Finance Minister Ueli Maurer stated that the EUR/CHF exchange rate is overvalued and said that the country and its companies could live with it.
On Wednesday, Morgan Stanley's CEO James Gorman stated that a subtle peace has been reached in Wall Street's broker recruiting fights.
Morgan Stanley's Chief Executive Officer James Gorman criticized the Federal Reserve's yearly stress tests of the biggest US lenders after the better than expected quarterly earnings.
On Wednesday, US President Donald Trump said that the United States may pursue a separate trade agreement with Mexico.
On Wednesday, London's Heathrow Airport spokeswoman said that full operations have resumed following a brief evacuation of the control tower due to a fire alarm that was activated.
Eurostat reported that annual inflation in the Euro zone increased to 2.0% in the month of June, confirming its flash estimate, while core inflation growth came in at 1.2% in the same period.
The Commerce Department stated that the US housing starts fell to the lowest level in nine months in June, while permits decreased for a third month in succession, lagging the country's economic growth.
A plan to help finance projects across Europe and revive economic expansion exceeded its original funding target of €315B, countering a decline in spending since the financial crisis, the European Commission stated.
Inflation in the United Kingdom grew at a weaker than expected pace of 2.4% in June, missing expectations for a rise of 2.6%, the Office for National Statistics stated.
Russian and Japanese Defence and Foreign Ministers are set to hold a two-plus-two negotiations scheduled for July 31 in Moscow, according to the RIA news outlet's report on Wednesday.
Alphabet's Google stated on Wednesday it would appeal against the $5.04B fine imposed by the European antitrust regulators for illegal restrictions on the Android smartphone producers and network operators.
On Wednesday, Hungary stated it was set to quit the UN migration accord before the final approval, calling the pact a "great threat to the world".
California's cryptocurrency company Stellar received a finance certification from the Islamic scholars for the related cryptocurrency and blockchain platform, as it seeks to integrate the tech into the sharia-compliant finance products field.
Amazon.com is set to provide new real-time graphics and statistics on the live baseball games this season, expanding their cloud computing accord with the US Major League Baseball.
Grab has tied up with the Singapore National University to make a $4.4M worth investment to set up an artificial intelligence laboratory to improve efficiency and vehicle utilisation on the platform.
On Wednesday, Alphabet's Google triggered an artificial intelligence game on Tencent's social media platform WeChat, as it seeks entering the Chinese consumer market.
India's online ticketing portal BookMyShow announced on Wednesday it had raised $100M in the latest funding round from an investor group.
The European Union is expected to fine Alphabet's Google $5.0B over the Android system, according to the Bloomberg's report on Wednesday.
On Tuesday, Uber Technologies stated it had invested over $500M in Mexico since 2013, when it launched the ride-hailing service there.
Munro & Associates head Sandy Munro on Tuesday has called Tesla's Model 3 the most profitable electric vehicle, which generates the net profit margins of over 30%.
Didi Chuxing, China's ide-hailing service, has received a $500M investment from the US travel company Booking Holdings, amid firm's aggressive intention to expand globally.
Engineering group MERMEC and Italy's shipbuilding company Fincantieri said they had made a joint proposal for the technology firm Vitrociset, adding a deal could be signed in the near future.