Iran's non-oil trade with the members of the Organization of Islamic Cooperation reached $29.63B in the first ten months of the fiscal year, the government reports.
The US trade deficit increased to $621B in the year of 2018, the highest level in a decade, data released on Wednesday by the US Commerce Department revealed.
The OECD stated that the anticipated weak economic performance, notably in the EZ, coupled with protectionism risks, is likely to weigh on global growth in 2-19 and 2020.
The US economy was growing at a 0.5% annualised rate in the March quarter, based on the recent monthly data over government spending, the Atlanta Fed's GDPNow forecast model revealed.
Volkswagen was unable to buy the stake in Russia's automaker GAZ, as the company is under the US sanctions and negotiates over a deal that has been suspended, the RIA news agency reported.
The US House lawmakers are set to hold a hearing on March 12 to review the proposed $26M merger deal between Sprint Corp and T-Mobile US, the Congress announced on Wednesday.
China's online retailers have slashed prices on Apple's iPhones for another time during the current year, as the US tech giant struggles with a prolonged slowdown in its Chinese sales.
Delta Air Lines' CEO Ed Bastian stated the company was considering a replacement of about 200 Boeing 767 and 757 aircraft within the next ten years, fuelling the planemakers' appetite.
The industry ministry of Russia is expecting for decisions made by Ford Motors by this year-end, stemming from the revised Russia business plan, related to two plants shutdowns on the back of the carmaker's global restructuring.
Aon Plc is considering a possible offer to acquire its competitor Willis Towers Watson, the insurance brokerage in a potential all-stock transaction.
SOCO International, the gas and oil producer, stated on Wednesday it had no plans to bid for Ophir Energy, following the initial all-share offer had been rejected by Ophir.
Veraison, Ascom's largest shareholder, called on the Swiss communications equipment group to explore a sale as one of the options, as the company is failing to fulfil its potential in the sector of a health care.
On Wednesday, Melrose Industries announced it would sell Walterscheid Powertrain Group, the off-highway powertrain applications unit, to the private equity company One Equity Partners in a deal worth £200M.
On Wednesday, Britain's Provident Financial announced it had outlined an enhance and growth performance plan across its divisions after the lender rejected its rival Non-Standard Finance's takeover bid.
Sweden's Assa Abloy announced on Wednesday it would acquire an extra 54% stake in the Swiss entrance system company agta record in a deal valued at $567.26M.
On Wednesday, the Thai carrier AirAsia stated it was not planning to acquire shares of its rival Nok Airlines, tumbling Nok's shares as much as 12% in the morning trading session.
Japanese Mizuho Financial Group trimmed its annual profit outlook by 86% due to the company's one-time restructuring costs worth $6.0B at its brokerage and bank units, as well as securities portfolio overhaul.
On Wednesday, the packaging firm DS Smith Plc announced it would sell its plastics business to the PE company Olympus Partners in a deal valued at $585M.
Carlyle Group, the private equity firm, is in the final talks to acquire a 30% stake in the Spanish company Cepsa in a possible deal worth $3.4B, with the agreement expected to be reached within the following weeks.
The Tokyo District Court said on Wednesday that the Former Nissan Motor boss Carlos Ghosn has paid $9 million in bail.
On Wednesday, the Australian Dollar declined about 0.7% and reached a two-month low after data shows that Australia's economic growth slowed last quarter.
On Wednesday, the US Dollar hovered near a two-week high, buoyed by the better-than-expected data reports.
John Bolton, the National Security Adviser to the US President Donald Trump said that the United States would impose new sanctions on North Korea if Pyongyang does not denuclearise.
Grab was considering getting more financing from strategic investors, the Southeast Asia's top ride-hailing firm's President stated, after raking in above $4.5B in the region's biggest private financing round.