Morgan Stanley boosted its long and short-term operating targets, as the coronavirus-caused volatility in the financial markets resulted in the bank's quarterly profit to be above estimates.
Kinder Morgan, the pipeline operator, topped Wall Street's outlook for quarterly results, reporting its revenue surged to $3.12B, above the forecast of $3.05B.
British Airways and Iberia owner IAG agreed to purchase Spain's Air Europa for €500M, after the price was cut in half in the pandemic.
HSBC is set to cut up to 340 manager positions within a shake-up of the UK branch network, a source familiar with the situation told Reuters.
Amazon sued the EU antitrust regulators for letting Italy's competition watchdog continue its own investigation against the US online retailer over the way it chooses sellers.
Daimler's Mercedes-Benz revealed the EQA, the new electric SUV, within a strategy to take on Tesla and offer more emission-free cars and meet targets in China and Europe.
Shares of Netflix, the world's biggest streaming service, soared as much as 13% in the premarket trading on Wednesday on the company's statement it no longer needs borrowing of billions of dollars in order to finance its content.
On Wednesday, Wall Street main indexes were about to open close to their record highs, as Joe Biden was ready to take the office as a new US President, Reuters reported.
On Wednesday, it was revealed that the US President Joe Biden would impose curbs on US oil industry.
The government of Bahrain revealed on Wednesday that it would raise $2 billion in a government bond sale.
On Wednesday, crude oil price benchmarks reached above the $56 level, as the new US administration was expected to reduce supply and increase demand.
During Wednesday's European trading hours, stock indices surged, as a surge was attributed to a rise in luxury stock prices.
On Wednesday, the Founder of Alibaba Group Jack Ma had his first public appearance since October.
The US auto safety regulator called on Ford Motor to recall 3M vehicles over potentially faulty Takata air bags, rejecting the carmaker's bid to avoid the recall.
Elliott Management is shuttering the 20-strong office based in Hong Kong, as the US hedge fund moved responsibility for the Asia investment decisions to Tokyo and London.
Best Inc, the Chinese logistics company backed by Alibaba Group, is exploring a sale amid a strategic review, Reuters reported on Wednesday.
The California-based electric vehicle startup Rivian announced on Tuesday a $2.65B investment, led by funds and accounts recommended by T. Rowe Price Associates Inc.
On Tuesday, Joseph Simons, the Chairman of the US Federal Trade Commission, announced that he would step down on January 29.
On Tuesday, Janet Yellen, President-elect Joe Biden's incoming Treasury Secretary, said that the value of the US Dollar should be determined by the financial markets.
On Tuesday, Antony Blinken, President-elect Joe Biden's nominee for Secretary of State, said that he would work to build the damaged US diplomacy.
The economy of China expanded 2.3% in 2020, compared to the previous year, data published by the National Bureau of Statistics show.
A total of $34.7B worth of tobacco products were sold in Germany in 2020, an increase of 5% from the prior year, the Federal Statistical Office Destatis reports.
SF Holding, China's express delivery giant, announced 30.77% revenue growth to $2.27B in December, compared to the same period the prior year, a statement published by the company shows.
The economy of Belarus contracted 0.9% in 2020, compared to the previous year, data published by the National Statistics Committee show.