Singapore's telecoms operators announced on Wednesday that they had selected Ericsson and Nokia to build 5G networks.
Gold prices edged higher to nearly eight-year highs on Wednesday, as concerns about a second wave of the COVID-19 pandemic kept investors and traders on edge.
Crude oil prices edged lower on Wednesday, the Brent crude was down by 1.9%, to $41.82 per barrel at 11:48 GMT, while the US West Texas Intermediate crude declined by 2.2%, to $39.46 a barrel.
The World Bank approved a $55M loan to Somalia to support fiscal and economic policy reforms, a statement published by the bank shows.
German crude steel production declined 27% to 2.6M tons in May, compared to the same period the previous year, the German Steel Federation reports.
The German economic sentiment improved further in June, data published by the Ifo Institute for Economic Research show.
Google is set to invest $1.5B to $2B in Poland's data centre to deal with cloud computing services, the Puls Biznesu daily stated.
Volkswagen AG was in talks to acquire Europcar Mobility Group SA, the car rental firm, in a deal, which would allow the car maker to better capitalize over its fleet.
Grab postponed partnership with Wirecard, days after the German payments firm revealed a $2.B financial hole threatening its future.
On Tuesday, the Indonesian ride-hailing company Gojek announced that it would cut 9% or 430 of its workers.
According to sources with knowledge of the matter, Germany's Bayer is close to reaching a $8-10 billion settlement with the US plaintiffs over claims its glyphosate-based Roundup weedkiller causes cancer.
Italy's tax authority arrested the executives of the French Alstom and the German Siemens over the Milan subway deals, the Italian prosecutors announced on Tuesday.
The Brazilian electric motor producer WEG has acquired 51% stake in startup Mvisia, the company announced on Tuesday.
On Tuesday, Meng Xing, the Chief Operating Officer of the Chinese ride-hailing firm Didi Chuxing, said that the company plans to deploy over 1 million robotaxis on its platform by 2030.
Tesla, Google and Amazon have criticized the US President Donald Trump decision to temporarily suspend the entry of certain foreign workers on H-1B visa into the United States.
The US President Donald Trump has suspended the entry of some foreign workers on H-1B visa into the United States.
Global trade contracted 18.5% in the second quarter of the current year, compared to the same period the previous year, the World Trade Organization reports.
The World Bank approved a loan of $500M to support reforms in Morocco, data published by the World Bank show.
Bank of Italy calls for a "well-constructed plan" to restart the economy, the Governor of the Bank of Italy Ignazio Visco says.
The Brazilian economy is expected to contract 6.5% in 2020, a statement published by the Central Bank of Brazil shows.
The US economy is expected to expand at a slower pace than previously expected, a senior US Federal Reserve official says.
Consumer prices in Singapore declined 0.8% in May, compared to the prior month, the Ministry of Trade and Industry and Monetary Authority of Singapore reports.
The shares of China coffeehouse chain Luckin Coffee dropped 18% on repeated de-listing warning from NASDAQ, company to hold an urgent general meeting.
On Tuesday, the US President Donald Trump assured the trade deal between the US and China is unblemished, causing oil prices to rise near 2%.