The Emirates Securities & Commodities Authority has warned investors against doing business with Financial.org, as it lacks permission to provide financial transactions in Asia.
The Cambridge Analytica is closing due to an increasing number of lost clients and legal fees from the Facebook investigation, the Wall Street Journal reported on Wednesday.
The Federal Reserve held its benchmark interest rate unchanged at 1.75% on Wednesday, expressing confidence that the current level of inflation could be sustained.
According to senior EU officials, constitutional crisis might escalate in Bosnia if its rival ethnic groups failed to resolve a voting dispute prior to autumn elections.
The President of the European Commission Jean-Claude Juncker explained on Wednesday that the EU would not negotiate an exemption from US tariffs under threat.
The Bank of England has appointed Huw van Steenis, a former banking analyst at Morgan Stanley, as a senior advisor on the future of the UK's financial system.
The European Commission introduced on Wednesday a budget proposal that would increase the EU's spending by 10% in 2021-27 to €160B per year, compared to €150B now.
The Chairman of Unilever Marijn Dekkers said on Wednesday that the company's decision to move its HQ from London to the Netherlands was aimed at achieving strategic flexibility.
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.