Swedish authorities have launched a search of the Swedbank head office this Wednesday on the back of an inquiry into the lender's handling of allegations of money laundering within its Baltic branches.
Alphabet's Google launched an advisory council globally to explore some ethical issues over artificial intelligence and various other technologies, pledging to release a report by this year's end.
Banco Santander Brasil tied up with Natura Cosmeticos about offering banking services to cosmetics brands' sellers, seeking to provide 1M of them with digital checking accounts via Natura's online app.
Lufthansa is planning to merge its EU operations of the LSG catering unit with a peer, asking potential bidders to propose their offers until April, as the company faces low margins in the competitive market, sources reported.
On Wednesday, the US health insurer Centene confirmed it would acquire its small rival WellCare Health Plans in a stock-and-cash deal worth $15.27B, amid Centene's intention to boost its healthcare business backed by the government.
On Wednesday, Australia's Cromwell Property confirmed it had approached the UK-listed RDI Reit over a potential takeover bid as it seeks expansion in Europe and Britain.
The US online mattress retailer Casper Sleep is planning to hire underwriters to help if with the company's initial public offering after it had been valued at $920M in the latest private round of fundraising in 2017.
Southwest airlines on Wednesday announced that the company is cutting its forecast for performance revenue measure. In simpler terms, the company expects smaller profits. The news are bound to decrease the stock value of the company.
On Wednesday, the Prime Minister of the United Kingdom was expected to announce her retirement date as a part of a deal that would get her twice rejected Brexit deal approved.
Australia's Lynas has rejected a $1.1B takeover proposal made by Wesfarmers, sending its shares up to 35.1% on the news.
Nebras Power, the Qatari energy investment firm, is exploring a potential stake sale worth $1.0B in the Indonesian biggest independent power producers Paiton Energy, according to a Bloomberg report seen on Wednesday.
On Wednesday, Steinhoff, troubled South Africa's retailer, announced it has attracted $332M from the 26% stake sale in KAP Industrial to pay off its debt and boost its finances, sending the company's shares up over 6%.
Mercuria Energy Group, the global energy trader, is set to acquire Aegean Marine Petroleum within a week, which had filed for bankruptcy last year, after the US Bankruptcy Court approved the deal.
The British sportswear company Sports Direct has proposed a potential offer for Debenhams on Wednesday, valuing the department store at £61.4M with five pence per share in cash.
On Wednesday, Cathay Pacific Airways announced it would acquire HK Express Airways from the struggling China conglomerate HNA Group in a deal worth $628M, paving the way to expansion in the fast-growing travel market.
Beijing Kunlun Tech, the Chinese gaming company, is planning to sell its gay dating app Grindr, after the US national security panel expressed concerns over its ownership, claiming Kunlun's ownership constitutes national security risk.
France's Renault is planning to resume merger talks with the Japanese carmaker Nissan Motor within a year, after which it seeks to set sight on acquiring Fiat Chrysler Automobiles, according to a Financial Times report.
Asian shares declined on Wednesday, as investors and traders worried about the US economy and the sharp shift in US bond markets.
On Wednesday, the President of China's Development Bank Zheng Zhijie said that the bank would provide $190 billion for Belt and Road infrastructure projects.
On Wednesday, the US Dollar index against a basket of six major currencies edged higher, adding to yesterday's trading session gains.
On Wednesday, crude oil prices extended yesterday's trading session gains. However, concerns about the global economic slowdown in future demand kept the surge in check.
Alphabet's Google planned to announce a memorandum of understanding with Cuba's telecoms monopoly ETECSA to find ways of enhancing connectivity on the island, a source familiar with matter stated.
Australia's Lynas Corp stated that it would not engage with Wesfarmers over its $1.1B takeover approach for the only proven rare earth elements producer outside China.
Daimler AG was nearing the deal of sale of a 50% stake in the small-car brand Smart to China's Geely Automobile Holdings, the Financial Times stated, citing sources familiar with the matter.