UBS AG has reached a settlement with the state of New York worth around $230M for misleading investors about subprime mortgage securities prior to the financial crisis in 2008.
The US Justice Department said it was still reviewing Bayer's plan to purchase Monsanto for $62.5B – a deal which was already approved by the EU earlier on Wednesday.
Shareholders of the US-based electric car company Tesla Inc have approved a compensation package worth around $2.6B for the company's CEO Elon Musk.
A US citizen has filed a lawsuit against Facebook and the UK-based Cambridge Analytica consultancy for obtaining personal data from the social media site without permission.
The Canadian mining and metals company First Quantum Minerals Ltd is disputing a $8.07B tax bill by Zambian authorities for unpaid import duties from 2012 until 2017.
The Italian payment services company SIA was not planning an initial public offering in 2018, but intended to grow through acquisitions, as explained by the CEO Massimo Arrighetti.
Shares of Credit Suisse Group fell by 3.6% on Wednesday in response to a comment from the CEO Tidjane Thiam about ‘very confusing' quarter.
Deutsche Bank has decided to narrow the price range for the asset management unit DWS's initial public offering, adding that it would raise less than $2.5B the lender had previously hoped for.
The Italian head of the Vatican Communication department Dario Vigano has stepped down on Wednesday, following a scandal on a doctored letter.
Arizona's officials stated on Tuesday there were no need to severe the rules on self-driving car testing in the region, following the fatal incident involving Uber's autonomous car.
China Southern Airlines had placed a $3.6B order for Boeing's 737 MAX aircraft for the Xiamen Airlines subsidiary, the company reported on Wednesday.
China's Internet company Tencent Holdings considers investing more in payment, artificial intelligence and video areas, after its quarterly net profit bet estimates on the successful IPOs.
On Wednesday, the German drug maker Bayer has won the EU antitrust approval for the $62.5B acquisition deal of the US seed company Monsanto.
Germany's automaker BMW is planning to raise the research and development spending to $8.6B in 2018, as the company seeks to bring electric vehicles to the market by 2025.
Dropbox has made a decision to raise price range for the IPO by $2B amid a strong demand for its public offering, expecting the bid to be priced up to $20 per share.
Foreign direct investment into Pakistan has jumped almost 60% during the year of 2017. However, some western investors are avoiding the country due to a growing Chinese influence.
Oil prices continued to increase on Wednesday and were about to reach a six week high level. Some media outlets mentioned possible Middle East supply disruptions as the reason.
On Tuesday, the US Senator Dianne Feinstein called on the Facebook CEO Mark Zuckerberg to testify in the US Congress over the user data treatment on his social media platform.
FedEx is willing to scan every parcel at its Texas facilities, after one of the packages had exploded on Tuesday, the fifth such an incident in Texas in 18 days.
On Wednesday, Caixin reported that China had appointed Geo Shuqing as a new leader of the recently formed regulator for the insurance and banking sectors.
According to Spotify Technology, the company's CEO and co-founder Daniel Ek has rights to sell around 15.8M shares of the streaming music leader worth up to $2B in its public listing.
Russia's nuclear company Rosatom is planning to start the Turkish Akkuyu plant in 2023, saying that negotiations with potential investors would not affect the construction timetable.
On Wednesday, Chinese automaker Geely Automobile stated its net profit more than doubled in the previous year, boosted by solid domestic sales of the carmaker's popular SUVs.
The Central Bank of Brazil is set to trim interest rates to a new low once again this Wednesday, as the country's inflation underwhelms, derailing its plans to stop monetary easing.