South Korea's Hyundai Motor reported that the company swung to a net loss in the fourth quarter, missing analysts' forecasts for a profit.
Microsoft's Bing search engine was blocked in China, the company stated, making it the most recent foreign technology service to be closed behind the local Great Firewall.
Philippine economic expansion slipped to the weakest annual pace in three years in 2018, though it improved in the fourth quarter, giving the country's Central Bank little reason to continue with hiking rates.
Ford Motor reported a lower-than-anticipated operating profit in the fourth quarter, as losses in every region except North America weighed over the company's results.
The US businesses' borrowing to spend over capital investment declined 1% in December from a year earlier, the ELFA stated.
The UK employers offered staff the biggest pay increases in ten years in 2019, adding to signs that the country's historically low unemployment started to translate into stronger wage growth.
The Australian employment rate jumped in December, while the country's jobless rate declined surprisingly, the report showed, confirming that the labour market remained one of the strongest parts of the economy.
ArcelorMittal's prolonged offer to acquire the debt-laden Essar Steel postponed the world's largest steelmaker's planned joint venture with the state-held Steel Authority of India, SAIL's chairman said on Wednesday.
Colony Capital, the US investment unit, agreed to acquire the Abraaj Group's private equity business unit in Latin America, both companies announced on Wednesday, not disclosing the financial terms of the deal.
On Wednesday, Canada's Husky walked away from the hostile bid for its competitor MEG Energy, the Canadian oil producer, despite nearly 60% support received from MEG shareholders, saying it was "insufficient" to sign a merger deal.
Arconic, the US aluminium products maker, stated it is no longer selling the company, as Elliott Management failed to make an acceptable bid, sending its shares down as much as 21%.
The hedge fund Citadel hired Goldman Sachs' Executive Director and the head of cross macro investments, Gilberto Marcheggiano, as it seeks to establish a unit that would take financial positions according to forecasts about the major macro events.
Germany's Innogy is considering to sell its stake in the British offshore wind project Sofia, once it secures a subsidy, the company's COO for renewables announced on Wednesday.
Barclays economists stated that they reduced the outlook over the US economic growth in the Q1 to an annualised rate of 2.5% from an earlier 3.0% projection, affected by the shutdown of the federal government.
The Governor of the Bank of CanadaStephen Poloz stated the country's economy was in good shape, though low prices of oil were delivering material shock, which would cut growth pace this year.
Canada's core retail sales declined more than anticipated in November, while total retail sales were below expectations, official data revealed on Wednesday.
The US mortgage applications dropped from the highest level in 11 months last week, as home borrowing costs rose amid encouraging domestic economic reports, the MBA stated.
India was poised to increase the subsidies for the largest food welfare program 6.5% for the fiscal year starting on April 1, the smallest increase in three years, in the country's interim budget next month.
Euro zone consumer confidence increased in the months of January from a sharply revised December's number, the report published on Wednesday showed.
Geely's Volvo Cars announced on Wednesday it would voluntarily recall more than 200K vehicles, as the carmaker's engineers had found an issue, which could potentially lead to fuel leakage into the engine compartment.
On Wednesday, United Technologies, the US industrial conglomerate, reported a higher-than-expected Q4 profit, estimating the current year's earnings above forecasts, and sending its shares up 4.6% to $116.25 in the early trading.
On Wednesday, Singapore's GEAR stated it would seek a position in the board of the Australian Stanmore Coal, despite failing to win the A$240M takeover bid.
Green Growth Brands, the US cannabis retailer, claimed it would launch the second all-stock hostile takeover bid for the pot producer Aphria, valuing the Canadian firm at around C$2.35B.
On Wednesday, Heidelberger Druckmaschinen stated it had agreed to sell an 8.5% stake to China's Masterwork, following the cash capital increase scheduled for the on-going quarter.