The World Bank approved $350M credit to Tanzania to build infrastructure for delivering water to 3 million people in rural areas.
The Chinese President Xi Jinping on Wednesday met with the visiting US Secretary of Defence James Mattis in Beijing.
US pending home sales declined modestly in the month of May due to limited supply, the National Association of Realtors reports.
South Africa's investment company Long4Life agreed to pay $287.5M for the fashion retailer Rage, seeking to boost the firm's lifestyle brands business.
Bain Capital, the private equity group, won an auction on Wednesday to acquire the Italian chemicals firm Italmatch, in a deal valued at around $811M, sources reported.
New Zealand's fuel supplier Z Energy stated on Wednesday it had been informed about the alleged data breach in November regarding its Z Card Online's customer database that could be possibly accessed by the third party.
On Wednesday, Lyft stated it had raised $600M in a funding round that was led by Fidelity Management, its largest investor from now, valuing the ride-sharing company at $15.1B.
Robert Bosch, the German car supplier, is cooperating with the Canada start-up Mojio to connect more vehicles wirelessly to such digital services as emergency responders or insurance companies.
On Wednesday, China's Baidu board has approved the company's plan to buy back $1.0B of its shares within the following 12 months.
The US National Association of Realtors reported on Wednesday that the number of pending home sales fell by 0.5% in May, compared to the market estimate of a 0.4% increase.
Ford Motor Co has formed a partnership with the Chinese technology company Baidu Inc to incorporate artificial intelligence systems in its cars intended for the Chinese market.
Idemitsu's founding family is expected to accept the merger plans of Showa Shell Sekiyu and Idemitsu Kosan, according to the Nikkei.
Brazil's state-run oil firm Petroleo Brasileiro stated on Wednesday it had signed a deal to sell its Paraguay fuel distribution assets, as apart of a plan to cut debt by selling billions in assets.
On Wednesday, Differential Brands Group stated it would acquire the majority of the Global Brands Group's North American licensing unit in a deal worth $1.38B.
Tata Steel and Thyssenkrupp are getting closer to a $17.4B deal to combine their EU assets into an international steel titan, sources reported on Wednesday.
On Wednesday, China's Hainan Airlines stated it was planning to sell the remaining stake in Brazil's carrier Azul, not disclosing the further details on a possible deal.
General Mills, the maker of Cheerios cereal, posted its quarterly profit on Wednesday that bet analysts' expectations, after the company's efforts to cut costs and bolster distribution network.
BB Seguridade, the Brazil insurance company, has sold its unit to the Spanish firm Mapfre in a new deal that could free up $478.2M worth of capital.
Christo Wiese, South Africa's tycoon, has cut part of its Shoprite stake this Wednesday, raising $264M, following his finances had been dented amid scandal-hit Steinhoff.
Inercom, Bulgaria's solar energy producer, is expecting to receive a regulatory approval to acquire the Czech utility CEZ's Bulgarian assets, the monopoly commission stated on Tuesday.
On Tuesday, Uber Technologies has gained a probation London licence to continue operating in the City, following the ride-hailing company's promises it had made changes to its corporate culture.
Norway is planning a sale of the rest 9.88% stake in the Scandinavian airline SAS, the country's ministry of industry and trade said.
Alexander Dobrindt, a senior member of the Bavarian Christian Social Union, said the party was seeking to introduce a stronger border control for migrants next week.
Oil prices rose early on Wednesday, boosted by disrupted supply in Canada and the US threatening to impose sanctions on Iran oil importers.