The President of France Emmanuel Macron stated that there was no necessity for the country's government to lower the stake in Renault, adding that he wanted the alliance of Renault-Nissan to work over strengthening its synergies.
Huawei Technologies stated that it has received more than $1.4B in licensing revenue in more than three years and paid over $6B in royalties to legally implement other firms' intellectual property.
The self-driving vehicle joint venture of Toyota Motor and SoftBank is expected to get investment from a five more Japanese automakers, sources with the knowledge of the matter stated, widening backing for the all-Japan effort.
Supported by improving sales, China's industrial companies' profits increased 1.1% in May to $82.21M after shrinking 3.7% in the prior month, bucking a downtrend, official data revealed on Thursday.
During Wednesday's trading session, crude oil price benchmarks surged by more than two percent and hit a monthly high level due to an unexpected drop in US crude oil stocks.
On Wednesday, the President of the San Francisco Federal Reserve Bank Mary Daly announced that the Fed might fight uncertainty with monetary stimulus.
On Wednesday, US stocks edged higher. This surge was attributed to the remark, made by the US Treasury Secretary Steven Mnuchin, that the US and China were very close to a trade deal.
According to the CNBC report, Steven Mnuchin, the US Treasury Secretary, announced on Wednesday that China and the United States were about 90% close to a trade deal.
The US President Donald Trump and the Russian President Vladimir Putin are scheduled to meet on the sidelines of the G20 summit in Japan on June 28.
Oil prices edged higher on Wednesday. The surge was attributed to a drop in the US crude stockpiles and the refinery disruption on the US East Coast.
On Wednesday, Singapore officials announced that the government intends to create up to 10,000 new tech jobs during the period of next three years.
The Chairman of the Federal Reserve announced on Tuesday that no political pressure will cause a rate hike. Due to the event a decline of global markets started, which lasted into Wednesday.
A senior US administration official announced to Reuters on Tuesday that the US will not negotiate with China any conditions around US use of tariffs.
On Wednesday, the consulting firm Ernst & Young announced that various British banks have resumed the preparations for a Hard Brexit scenario.
On Wednesday, US officials announced that the US government hopes to re-start trade talks with China. The announcement was made after the leaders of the two countries met in Japan.
On Wednesday, Alibaba launched an English language website for the holding's Tmall marketplace. The company intends to attract additional 20,000 brands to the e-commerce marketplace.
The White House senior adviser Jared Kushner opened a two-day international meeting in Bahrain to rally support for $50 billion economic formula for the Palestinian-Israeli peace plan.
On Wednesday, crude oil prices edged higher by 1%, buoyed by concerns about the rising tensions between the United States and Iran.
On Tuesday, Apple Inc confirmed the acquisition of self-driving car startup company Drive.ai, as the company is vying against rivals such as Alphabet Inc's Waymo to develop self-driving cars.
Tesla Inc shares declined by 1.7% on Tuesday after a report showed that the company has only delivered forty-nine thousand cars in North America during the Q2.
According to a CBP official, the acting Customs and Border Protection Commissioner John Sanders is set to resign, as the Trump administration faces fury over the treatment of migrant children.
The top contender to become the next UK's Prime Minister Boris Johnson said he was ready to take UK out of the EU with or without an agreement on October 31, and he warned the EU against Napoleonic tariffs.
Jeremy Hunt, the British Foreign Secretary, said on Tuesday that he believed he can take the UK out of the European Union and unite all units of the Tory Party.
On Tuesday, the Chairman of the Federal Reserve announced in a speech that the Fed is insulated from political pressures, as President Donald Trump has been calling for rate cuts.