SSE stated that it would cut 444 positions or 5% of all employees in its customer service, metering teams as the company faces a stiff competition and a weak interest for its devices that could help diminish energy emissions.
The UK annual home price growth accelerated more than anticipated 5% year-on-year last month to reach its highest level in more than two years, Halifax stated.
The UK tobacco company Imperial Brands revealed weaker-than-anticipated sales of e-cigarettes, citing a lingering slowdown in the US, helping to send the company's shares to the lowest level this year.
Honda Motor announced its expectations for a 6% rise in operating profit for the 2019 fiscal year amid cost reduction efforts and production network's restructuring in Europe.
On Wednesday, Thomson Reuters reported a better-than-expected profit for a quarter, driven by strong demand for its information aimed at legal professionals, reaffirming its 2019 year's forecast.
Capitol Hill's US lawmakers and Sheryl Sandberg, Facebook's Chief Operating Officer, were set for a meeting on May 7 to discuss legislation on settling the standards for social media users privacy.
Match Group reported its quarterly revenue and profit results beat forecasts on a surge in the number of subscribers to the company's popular dating application Tinder, surging shares as much as 8% in extended trading.
Meng Wanzhou, Huawei's Chief Financial Officer, is set to attend a Canada court this Wednesday to launch a legal battle against the US request to extradite her to face the fraud charges.
On Wednesday, Tesla announced it had closed the $2.7B mixed offering of convertible notes and stock, giving the electric vehicle maker necessary amount of cash, as it sought to boost production.
China's AI start-up Megvii, also known as Face++, announced on Wednesday it had raised $750M in the latest round of funding ahead of its planned initial public offering in Hong Kong.
On Wednesday, Marathon Petroleum, the US oil refiner, stated that MPLX would acquire Andeavor Logistics in a $9.0B, merging the company's two midstream divisions that store, transport and market refined products and crude oil via terminals, pipelines and trucking operations.
On Thursday, Uber drivers went on strike in the United Kingdom to protest the sums that the investors will make on the company's IPO. It seems to Dukascopy analysts that the drivers do not grasp the basic concepts of economics, as the pay of drivers has little to do with the IPO.
The shopping centre operator Arabian Centres announced on Wednesday that it is valuing its initial public offering at the low end of the indicative price range. The company wants to raise only $659 million.
On Wednesday, Japan's SoftBank is set to spend $4.0B to increase its Yahoo Japan Corp's stake and turn the unit into a subsidiary, seeking to bolster its profit by 24% this year.
Schaeffler, the German bearings maker, sold the Barden plant located in Plymouth to an HQW Precision GmBH unit, securing about 400 job positions.
Waterton Global, the private equity company, announced it had agreed not to raise its Hudbay Minerals stake over 15%, after settling a proxy contest with Canada's miner.
Siemens decided to spin off its struggling power and gas business, as it had dragged on the engineering company's performance due to an increase of renewable power that hit demand for the gas turbines.
Hapvida Participacoes e Investimentos, the Brazilian healthcare provider, aims to sign more acquisition deals in near future, following a takeover of its rival Sao Francisco Saude in a $1.26B deal, the group's CEO Jorge Pinheiro stated.
Singapore's ride-hailing firm Grab is exploring a spin-off of its financial and payments services business, seeking to raise its capital for two businesses separately, to divide one or both of them later, according to a Financial Times report seen on Wednesday.
On Wednesday, Australia's competition regulator stated it had opposed the proposed $11B merger deal between Vodafone Group's Australian division and TPG Telecom, sending TPG's shares down to eight-month low.
Asian shares declined on Wednesday, as investors and traders switched to safe-haven bonds, driven by fears that the United States and China trade war could escalate.
Some Uber drivers in the United Kingdom and the United States announced they would strike on Wednesday, as drivers and regulators around the world have criticised Uber's business tactics.
Nestle, the world's largest packaged food producer, said that it would launch a new baby formula, focusing on smaller cities, often in China's western provinces.
On Wednesday, the Central Bank of New Zealand, cut its interest rate for the first time since 2016, sending the New Zeeland Dollar to a six-month low.