On Wednesday, Volkswagen announced it would cut up to 7K jobs, as it sought to lift productivity and reach a gold of €5.9B annual savings by 2023 at its VW brand with intention to increase the carmaker's operating margin to 6%.
China's Huawei Italia CEO Thomas Miao stated on Wednesday there seemed no impact from the on-going US dispute, but clients were concerned.
On Wednesday, the board of Sigma Healthcare, Australia's pharmacy operator, rejected a A$727M take-over proposal made by Australian Pharmaceutical Industries, as the bid was not in the shareholders' best interests.
On Wednesday, major Japanese companies offered smaller wage hikes at the yearly wage discussions, as the economy wobbles.
The Pound Sterling rose on Wednesday after the UK Parliament voted against Prime Minister Theresa May's EU exit agreement.
On Wednesday, crude oil prices edged higher. The surged was attributed to OPEC supply cuts and the US sanctions against Venezuela and Iran.
The US Ambassador to Australia Arthur Culvahouse said on Wednesday that China is using payday loan diplomacy to exercise its influence in the Asia-Pacific.
The UK would need to overhaul competition rules to tackle the tech giants', such as Google, Facebook and Amazon, dominance and increase consumers' choice, a government review showed.
Chemical production in Germany dropped 10% and ended in the "very weak" Q4, the country's chemical industry association announced.
Honda was recalling more than 83K vehicles in Canada amid possible explosion risks of Takata air bag inflators, the CTV stated.
Japan's machinery orders dropped in January at the strongest pace in the four-month period, as the US-China tariff war affected global trade, with falling demand from the country's manufacturing sectorss.
On Tuesday, Royal Dutch Shell called on the Trump Administration to severe the rules on greenhouse gas emissions that result from gas and oil production, instead of the initial plan to weaken them, drawing more attention to climate problems.
Wirecard has suspended its accounting manager in Singapore until the end of an inquiry launched on the back of creative accounting and fraud allegations, the company's CEO Markus Braun stated on Tuesday.
Citigroup has accelerated its plans for this year to trim expenses via "simplification" of the organisation and its internal processes improvements, the company's CFO Mark Mason stated at investor conference on Tuesday.
The EU largest biotech company by staff numbers BioNtech hired JPMorgan and Bank of America for its initial public offering worth up to $800M scheduled for this year, according to sources familiar with the matter.
On Tuesday, Taiwan's Foxconn rejected the patent infringement lawsuit brought by Microsoft last week, denying it should pay royalties being a contract manufacturer for the US company's software.
Uber Technologies is set to pay $20M in a settlement after its drivers brought a legal lawsuit about six years ago, resolving a battle with the ride-hailing firm's employees just before the initial public offering scheduled for this year.
Sprint and T-Mobile US Chief Executives head back to the US Capitol Hill again on Tuesday, to defend their potential $26B deal, as both companies are seeking for a merge.
On Tuesday, the German Verdi labour union opposed strongly to a potential merger deal between Commerzbank and Deutsche Bank, claiming that the newly formed group could become an attractive target for any foreign hostile takeover.
Verizon Communications reported on Tuesday it managed to fix the issue, which triggered a widespread outage affecting its text services for some clients at the US East Coast this morning.
On Tuesday, the Japanese space agency and Toyota Motor stated they had agreed on a partnership to develop the manned lunar rover ran by fuel cell technologies.
On Tuesday, Smith & Nephew, the UK medical products maker, announced it would acquire the US regenerative medicine developer, Osiris Therapeutics, in a deal valued at $660M, as it sought to boost the company's profit margins.
E.ON is planning a temporarily supervisory board expansion to tap the estimated integration of its peer Innogy, whose retail and networks activities should pass to E.ON amid the breakup deal.
China's start-up Luckin Coffee chairman has tapped banks, such as Morgan Stanley and Goldman Sachs, for at least $200M loan in exchange for their role in the company's planned initial public offering.