Procter&Gamble agreed to buy the German Merck KGaA's consumer healthcare business division for around $4.21B in cash; a deal that would help P&G to expand its portfolio of consumer health brands and capabilities.
IFT, Mexico's telecom regulator, stated that it fined America Movil and the company's mobile service part Telcel $5.4M in the antitrust case.
American Express, the credit card issuer, easily topped estimates of the Wall Street for the company's quarterly profit as strong investments in rewards and straightening economy encouraged consumer spending.
Qualcomm begun to cut jobs within the company's promise to investors to diminish annual costs by $1B, the chipmaker stated.
The US President Donald Trump and Japan's Prime Minister Shinzo Abe stated that they agreed to intensify trade negotiations, aiming to expand trade and investment.
Netflix is likely to raise the company's investment in content in Europe, planning to spend nearly $1B on original production in 2018.
Canada and the UK would be able to pursue new trade agreement after Brexit, Canada's PM Justin Trudeau told the UK counterpart Theresa May at a meeting.
The United States hoped to reach an agreement on the revamped NAFTA with Canada and Mexico over the following three weeks.
The Bank of Canada announced its decision to keep the key police rate unchanged at 1.25%, in line with expectations.
On Wednesday, Iran has banned the state officials from using the Telegram messaging app, following a statement from the Supreme Leader's office that cited national security protection as the main reason.
The Cuban Parliament officially proposed Miguel Diaz-Canel on Wednesday to replace Raul Castro as the island's leader; a move that would make him Cuba's first non-Castro President since the 1959 revolution.
The technology companies JD.com, Tencent and TLC are planning to invest $48M each into China's smart-TV unit New Leshi Zhixin to boost the company's operations.
The Chancellor Angela Merkel stated that she expected PSA Group to adhere to its commitments made during the Opel takeover last year, adding that Germany's government must help the French carmaker.
Turkey's Parliament approved the extension of state of emergency for another three months on Wednesday; the move that means the country will hold its Presidential and Parliamentary elections set for June 24 under the state of siege.
The Volkswagen unit Electrify America plans installing the charging stations for electric vehicles at over 100 Walmart stores in 34 US states by the middle of 2019, the companies announced on Wednesday.
The US Senator Robert Menendez stated on Wednesday that he would vote against the nomination of the CIA Director Mike Pompeo as the US Secretary of State set by the President Donald Trump.
On Wednesday, Abbott Laboratories posted the results for its Q1 profit and sales, beating analysts' expectations, but still disappointing some investors by maintaining its annual profit forecast.
The US property investment company Starwood Capital has launched an offer for the Austrian property firms' minority stakes, CA Immo and Immofinanz, seeking for exposure to the EU markets.
The oil company Total is planning to acquire a majority stake in Direct Energie, French electricity retailer, for $1.73B, the company announced on Wednesday.
Lagardere is in talks to sell its French magazines to Czech Media Invest, including its popular "Elle" magazine, as well as Version Femina, France Dimanche, Art & Decoration and Ici Paris.
Russia's Foreign Minister Sergei Lavrov is set to hold a discussion with the United Nation's Syrian peace envoy this Friday, according to the RIA news outlet's report.
British regulator launched seven inquiries into Russia's news channel RT over allegations it had broken impartially rules in its broadcasts since the Salisbury attack on the ex-Russian spy last month.
On Tuesday, the AT&T subsidiary DirecTV asked the Federal Court to be dropped from the antitrust lawsuit, which the US government had filed to halt AT&T intentions to acquire the TV production firm Time Warner.
China's e-commerce firm JD.com made a push on Wednesday to lure more EU luxury brands to the site, vowing it is able to offer better protection against forgeries and faster delivery than its rival Alibaba Group.