The US economy is expected grow at 3.2% in Q4 of 2017 due to solid fundamental data, the GDPNow forecast model by the Federal Reserve of Atlanta showed on Wednesday.
Corporate bond purchases by the European Central Bank fell to a two-year low of €50.2B in December, data showed this Wednesday.
Borrowing costs in the Euro zone declined by several basis points, as the revised version of the Markets in Financial Instruments Directive took effect on Wednesday.
Apple has purchased a Vancouver-based software development tools maker Buddybuild, a company blog reported; however, no sale terms have been yet disclosed.
The report released by the Institute for Supply Management on Wednesday showed that the Manufacturing PMI rose to 59.7, topping analysts' expectations for a 58.1-point reading.
Sales of hybrid or electric cars surpassed half of newly registered vehicles in Norway over the course of 2017, a record supported subsidies fuelling the country's shift from fossil fuel engine.
BlackBerry stated that it would collaborate with China's internet search engine Baidu to enter the rapidly-growing autonomous car market, providing the company's software.
Network security business AlgoSec stated that it raised $36M from investment company Clarige Israel to support it expand globally.
The Royal Bank of Scotland sold asset financing group Lombard's offshore assets to specialist lenders Shawbrook Bank and Investec for $203.4M.
On Wednesday the world stock markets hit new records, as early 2018 forecasts suggested that the world economy will continue to grow.
On Wednesday Dominion Energy announced that the company will buy Scana Corp in a $7.9 billion deal.
The value of Israeli exits, including IPOs, M&As and buyouts, soared to $23B in 2017, compared to $10B year-on-year, boosted primarily by the $15.3B purchase of Mobileye.
Oil prices remained steady on Wednesday, as high output from the US and Russia balanced the recent tensions in Iran.
The German unemployment rate fell to a record low of 5.5% in December, resulting from broad-based economic growth that is expected to continue this year.
India and Israel has agreed to strengthen cooperation in the oil and gas sector by facilitating investment promotion, conducting joint studies and transferring technology and R&D.
Brazil's Petroleo Brasileiro SA has agreed to compensate $2.95B to investors who lost money due to its corruption scandal.
The latest IHS Markit/CIPS survey showed that the UK's construction sector slowed down to 52.2 in December due to stagnating in-house building and infrastructure work.
Chinese officials on Wednesday expressed that Chinese firms can be provided with a "level playing field" compared to the US enterprises.
The North Korean officials have reopened a border hotline with south asking for negotiations. Most speculate that the North will ask for a participation in the upcoming Olympics in the south.
Authorities of Beijing are planning to build a $2.12 billion worth artificial intelligence research project in the west of the city.
The Turkish post-coup probe has taken a strange turn, as the authorities have issued warrants to detain 68 shareholders of Bank Asya.
The surge of the common European currency on Wednesday paused. Some consider that the reason for the pause was a simple consolidation that followed the previous surge of the release of better than expected survey data.
Asian stocks had peaked on Wednesday. The reason was cited by some an increase in risk appetite caused by better than expected manufacturing survey results.
Court has called Valeant Pharmaceuticals International and Pershing Square representatives to appear in court to discuss a settlement in a insider trading lawsuit.