The International Air Transport Association reported on Wednesday that demand for air freight expanded by limited 1.7% in March due to reduced global trade.
The US government has called off trade talks with Brazil and reinstated quotas and tariffs on its steel and aluminium imports.
On Wednesday, Apple shares rose 3%, following its quarterly report and the iPhone sales estimates for the current period, which calmed down the tech giant's investors over potential slowdown in its flagship product sales.
India's Larsen & Toubro agreed to sell its automation and electrical business for $2.1B to Schneider Electric, to combine the unit with its industrial automation and low voltage products business in India.
Britain's government is set to pass its verdict on the Rupert Murdoch's pursuit of Sky by June 13, determining which of the bidders, Comcast or Fox, will acquire the company's majority stake.
Nokia announced on Wednesday it would sell its digital health venture to the co-founder Eric Carreel, including smartwatches and activity trackers, as the business did not meet growth estimates.
The Weinstein Company selected Lantern Capital, the private equity firm, as the winning bidder for all its assets; however, has not disclosed the bid's terms for now.
On Wednesday, the Armenian President Armen Sarkissian urged for talks, which should take place as soon as this week, to find a solution to the political crisis that caused the PM's resignation ;last week.
The Irish High Court rejected Facebook's request to postpone a referral to the European Union's top court of the data privacy case that could suspend the operation of legal instruments used by the US tech firms to transfer data of EU users to the US.
Xerox Corp announced on Wednesday that the company's CEO and the majority of its board are to step down amid internal conflicts.
Liu He, a top advisor to the Chinese President Xi Jinping, is set to meet a US trade delegation this week amid trade dispute between the both countries.
Singapore's Changi airport is testing a new facial recognition system that could help find passengers who are late for a flight to decrease the number of flight delays.
Amazon has made a formal bid to acquire a 60% stake in India's online retailer Flipkart that is likely to challenge its rival Walmart, which also sought to buy the e-commerce firm's majority stake.
According to Nikkei, SoftBank Group's subsidiary ARM is set to cede control of the company's Chinese operations to a local joint venture that involves the firm itself and its China partners.
Dine Brands Group, the owner of the restaurant chain Applebee, seeks to accelerate the expansion of the pancake outlets IHOP in India.
The US International Trade Commission is planning to launch an inquiry into Nintendo's gaming console systems, following its California-based rival Gamevice's complaint alleging the importation infringed on firm's patents.
On Tuesday, the CEO Mark Zuckerberg announced Facebook would launch its own dating service designed to matchmake millions of the social media platform users.
Apple reported its annual iPhone sales surged to 52.2M, compared to the prior year's 50.7M and delighting analysts that expected a rise to 52.3M.
Oath, the subsidiary of Verizon Communications, has clinched a distribution deal with Samsung to place four of its apps on Samsung devices across the US and around the world, the firm said on Tuesday.
The US wireless carrier T-Mobile, which is buying its rival Sprint, topped estimates for revenue, as the company added more subscribers paying a monthly bill.
Snap missed Wall Street estimates for regular users and revenue, following a redesign of Snapchat turned off some advertisers and long-term fans, sending shares 16% down.
The Japanese services sector grew at the strongest pace in a six-month period in April, as new orders increased, according to a private survey.
Growth in the Chinese manufacturing sector picked up unexpectedly in the month of April, as production quickened marginally, a private survey revealed.
The Russian Foreign Minister Sergei Lavrov and his Pakistani counterpart Khawaja Muhammad Asif agreed to strengthen cooperation in economic, trade and counterterrorism areas.