Tata Steel Europe stated that it begun talks with workers over a transformation program, which involves up to 3K job cuts, prompting angry response from leaders of the union.
Deere & Co warned of declining profits in 2020 after report of the fall in quarterly earnings affected by trade tensions and slowing equipment purchases by farmers.
Lone Star entered exclusive talks to acquire BASF's construction chemicals unit as Germany's chemicals firm is aiming at more profitable operations, according to Reuters.
On Wednesday, NATO has awarded Boeing $1.0B deal to upgrade its AWACS reconnaissance plane fleet; a contract that showed the transatlantic cooperation's strength days ahead of the London alliance summit.
The world's largest brewer Anheuser-Busch InBev is considering all possible options for the packaging activities, as the company streamlines its portfolio, focusing at the core beverage business, Reuters reported on Wednesday.
The US auto sales are anticipated to increase about 4% this month from the prior year, supported by higher consumer spending and strong discounts.
The world's largest furniture group IKEA stated that it would spend nearly $110M, supporting direct suppliers, as the company switches over to renewable energy use.
The US economic growth rose 2.1% year-on-year in the Q3, rather than slowing as the primary report showed, due to stronger pace of inventory accumulation.
Deutsche Telekom is exploring a potential merger deal with the French peer Orange, according to Handelsblatt's report published on Wednesday, sending Deutsche Telekom's shares up 1.3%.
Xiaomi, the Chinese smartphone maker, reported on Wednesday the slowest-ever revenue growth in Q3 as China's smartphone market struggles with a prolonged hiatus in sales, plunging demand for devices.
Goldman Sachs has acquired $50B of Deutsche Bank's unwanted assets amid lender's ongoing restructuring, according to a Bloomberg report seen on Wednesday.
On Wednesday, Pope Francis has appointed Carmello Barbagallo as new Vatican's financial regulator, Reuters reported.
On Wednesday, the new President of the ECB Christine Lagarde stated that the duty of the ECB is to keep the value of the Euro stable.
Dell Technologies has reduced its full-year revenue outlook, as the company's PC business struggles with a chips shortage from Intel Corp, sending the shares down about 5%.
Tesla has already received 250K orders for its new electric pickup truck launched a couple of days ago, the carmakers CEO Elon Musk stated in his tweeter.
Xerox Corp is preparing to take the $33.5B buyout offer directly to HP shareholders, following the company's refusal to open books for due diligence.
According to data released by the National Bureau of Statistics showed that China's industrial sector profits fell by 9.9% in October.
Asian shares edged higher on Wednesday after the US President Donald Trump said that the United States and China are close to agreement on the first phase of a trade deal.
Xerox Corp announced on Tuesday that it was preparing to take its buyout bid worth of $33.5 billion directly to HP shareholders.
The US Commerce Department announced on Tuesday that the US goods trade balance fell by 5.7% in October.
Audi announced the main restructuring scheme, cutting around 9.5K jobs in 6 years in a bid to adopt production to the era of e-mobility and reach billion-euro cast savings.
The US goods trade deficit fell 5.7% to $66.5B in October, as both imports and exports imports declined, indicating lingering decline in trade flows.
The Mexican government announced the first phase of an infrastructure plan for the private sector, covering a range of transportation and other projects in five years.
Profits across the US banks fell slightly to $57.4B in the Q3 of 2019, as "nonrecurring events" at three big financial institutions restrained sector growth, the FDIC reported.