The UK development finance agency CDC announced plans to invest up to $4.5B in Africa over four years to strengthen ties with the continent, as the country prepares to quit the EU.
The UK would risk a larger hit to the economy than over the global financial crisis, if it quits the EU in a disorderly manner next year, the Bank of England stated.
The US economy revealed solid growth pace in the third quarter, matching previous estimates, owing to bigger boost from inventories and stronger business investment.
Euro zone growth was still broad-based, though low productivity and high debt kept the growth pace slow compared with other advanced economies, the ECB Vice President stated.
Daimler is expected to start making electric vehicles in China in 2019, aiming to meet Beijing's anti-pollution quotas for vehicle producers.
Sales of new single-family homes in the US dropped to the lowest level in more than two years in October due to sharp falls in all four regions.
The New York-listed power management group Eaton Corporation has entered the advanced talks to acquire Turkey's Ulusoy Elektrik in a potential deal worth about $300M.
On Wednesday, the US senators called on Trump's Administration to launch an inquiry into ZTE Corp's operations in Venezuela to check whether the China telecommunications firm had violated US sanctions by monitoring citizens behaviour.
On Wednesday, the British Prime Minister Theresa May stated that the analysis, conducted by her government, showed that the Brexit deal, which she discussed with Brussels, is the best scenario to deliver on the 2016 referendum.
On Wednesday, biotech firm Moderna stated it was hoping to attract up to $521.7M in the listing on the Nasdaq Stock Exchange, bringing the company's value to around $7.8B.
Ensign Energy Services, the Canadian oilfield services provider, stated on Tuesday it tender had received 56% of Trinidad Drilling's shares in its hostile bid, making the rival Precision Drilling to walk away from the deal.
The Detroit Three automakers, Ford Motor, Fiat Chrysler Automobiles and General Motors, continue to narrow their car production in North America amid plunging demand for classical sedans.
The aid agencies, WHO and UNICEF, launched the polio vaccination campaign to inoculate about 5M children in Yemen, as the state's healthcare system is hit by three-year war.
Greek gas firm DEPA has finalised its purchase of Shell's 49% stake in the local gas distributor and gas supplier in Athens in a deal that makes it the only stakeholder in both companies.
UAE's Mubadala, Saudi Arabia and Russian sovereign wealth fund have entered talks to acquire a 16% stake in Russia's oil drilling company Eurasia Drilling, the head of Russian fund stated on Wednesday.
On Wednesday, China's authorities launched a safety crackdown on its ride-hailing industry, targeting the local company Didi Chuxing with fines amid two fatal incidents.
The ethanol and sugar maker Biosev hired Rabobank's investment unit to lure potential buyers for its Brazilian sugar plants, sources with a knowledge of the matter stated.
On Wednesday, the European Union's Advocate General of the EU's top court will publish his opinion about whether Britain can unilaterally reverse Brexit. The publication will occur on December 4.
On Wednesday, the Italian Minister of Economy Giovanni Tria announced that the Italian government is seeking a tweak to the fiscal budget, which could support economic growth and decrease the budget deficit.
The EU second-largest insurer AXA has raised its net income targets, expecting a rise within the following two years, in a wake of the $15B XL unit deal.
Tom Patrick, Deutsche Bank's Americas head, is expected to quit his position at the bank by this year's end, sources familiar with the situation reported on Wednesday.
The intelligence agency of New Zealand rejected the first request by the telecom industry to use Huawei's 5G equipment in the country, citing national security risk.
Commerzbank decided to drop out of bidding for the NordLB's stake, Germany's public sector lender, due to the suitor unsatisfied with the synergy potential and growth from the deal, according to Handelsblatt.
On Tuesday, Sears Holdings secured court approval for additional $350M in bankruptcy financing that would let the retailer operate during the holidays on the back of its attempts to restructure.