The Swiss government plans to strengthen capital requirements for domestic creditors, such as the PostFinance, Raiffeisen and Zuercher Kantonalbank, to protect financial system in case of crisis.
On Wednesday, the AIG shareholders at an annual meeting have approved a $9.58M compensation for Peter Hancock, the formed CEO of the company.
According to the Emmanuel Macron's office, the US President Donald Trump has accepted an invitation to visit France and attend the July 14 celebration of Bastille day.
On Wednesday, crude oil prices fell below $47 a barrel amid the release of report saying that the US stockpiles had increased by 851,000 barrels a week.
The founder of Telegram Pavel Durov on Wednesday agreed to the demands of the Russian authorities that his firm will be registered in Russia. However, he denied the demand to share user data with anyone.
Although oil prices have been falling, ignoring cuts in oil production, and OPEC is losing the battle to increase the price, OPEC countries have increased their profits, compared to previous year. This fact is likely going to force the countries to stick with the production cuts.
The President of the United States Donald Trump has still not replied to the invite of French President Emmanuel Macron to attend the July 14 celebration of Bastille day in France.
BMW has announced that the company will uphold high research and development levels until the year of 2019. In total the company is aiming to spend from five and a half to six percent of total revenue on R&D.
The most recent cyber attack had targeted a Real Estate subsidiary of France's biggest bank BNP Paribas, the company's representative told Reuters on Wednesday.
The Pakistani Planning Minister Ahsan Iqbal assured on Wednesday that the country has been implementing successfully its plan for an economic corridor with the People's Republic of China.
Sabine Lautenschlaeger, a member of the ECB's Executive Board, said on Wednesday that changes in Basel banking rules proposed by the US may pose threat to financial stability.
Indonesian authorities introduced a travel ban on the US President Donald Trump's business partner Hary Tanoesoedibjo over violation of electronic transactions and information law.
A peace talks between the Turkish and Greek Cypriot leaders accompanied by the UN representative and EU officials have been officially started in Switzerland.
Jens Stoltenberg, the NATO Secretary-General, said on Wednesday that Canada and European NATO members are going to increase defense budget by 4.3% in 2017.
Bahram Qassemi, the Iran's Foreign Ministry Spokesman, said on Wednesday that Iran considers Trump's travel ban to be discriminative against the Muslims and promises to take "reciprocal action".
Emmanuel Garcia, the Lieutenant Colonel of the Philippine army, said on Wednesday that bodies of five beheaded and 17 other murdered civilians have been discovered in the Marawi city.
The BoE Deputy Governor Jon Cunliffe said on Wednesday he needed to see more improvements in the economy before deciding to hike interest rates.
On Wednesday, Dixons Carphone said it had posted a 47% surge in the full-year pretax profit on the back of faster revenue growth.
In an attempt to accelerate expansion of the image-guided therapy business, Philips has struck a €1.9B acquisition deal with the US-based medical device maker Spectranetics.
According to Xinhua news agency, the Chinese military launched a brand new class of naval destroyer – a 100,000-tonne warship equipped with new defensive weapons.
On Wednesday, Nepal citizens started turning to polling stations to vote in the second round of the crucial local election ahead of the general election later in the year.
On Wednesday, Toshiba said it was going to sue its US-based joint venture ally Western Digital for $1.07B over its memory chip unit closure.
China's economic growth continued to improve in the Q2 with an increase in corporate profits and hiring, but deleveraging is likely to poses financial risks, a private survey revealed.
JPMorgan is shifting management of air-conditioning, lighting and heating in 4,500 of company's branches to General Electric, aiming to reduce energy consumption.