The Japanese group Nippon Paint Holdings made a takeover offer for the Australian largest paint maker DuluxGroup worth $2.7B, as the company seeks to expand its global footprint by entering Australia's market.
Apollo Global Management is set to purchase Smart & Final Stores in a deal valued at $1.1B, including debt, paying $6.50 for Smart & Final's share in cash, the US public equity group announced.
The German air taxi start-up Lilium named Christopher Delbrueck, the Uniper Chief Financial Officer, as the company's first CFO, preparing for production and operation of a battery-powered aircraft fleet.
The French President Emmanuel Macron is hoping to rebuild the Notre-Dam Cathedral, devastated in a fire, in five years, calling on French citizens to unite for a help to restore their national symbol.
Pernod Ricard signed an agreement with Biggar & Leith to acquire its Italian premium gin brand Malfy, as the alcoholic beverages distributor is expanding its fast-growing portfolio, it announced on Wednesday, not disclosing the financial terms of the deal.
On Tuesday, the US Justice Department raised concerns over the planned $26B merger deal between T-Mobile US and Sprint Corp as currently structured, sending T-Mobile's shares down 4%, while Sprint's shares dropped around 9% on the statement.
On Wednesday, official data showed that China's economy grew at 6.4% in the first quarter from a year earlier, boosted by sharply higher factory production.
Aptiv, the US auto-parts supplier, said on Wednesday that it would open an independent mobility centre in China.
During Wednesday's trading session, the Australian Dollar reached a two-month high against its peers. The surge was attached to China's economic growth in the Q1.
Crude oil prices extended its gains for the second consecutive trading session on Wednesday. The surge was attributed to strong demand for oil in China.
IMB reported a bigger-than-expected decline in revenue in the Q1, affected by tapering demand for mainframe computers and a stronger Dollar, sending the company's shares down nearly 3%.
Japan's exports declined for a fourth month in succession in March, as China-bound shipments dropped again, reinforcing higher anxiety that weak foreign demand is likely to knock the economy into contraction in the Q1.
The head of Eurogroup of the Euro Zone's financial ministers Mario Centeno urged on Tuesday German officials to use fiscal leeway to create an economic surge in the EU.
On Tuesday, the trial in which Apple and Qualcomm are expected to settle their disputes over iPhone processors begun. The trial is expected to reveal new information and influence stock prices.
On Tuesday, the US Federal Aviation Administrations announced that the Boeing 737 MAX software is operationally suitable. The announcement came after US President Donald Trump called for the Boeing issues to be solved.
During the US trading session on Tuesday Wall Street stock indices surged. The surge was caused by positive earnings reports being published during the day.
The German carmaker Daimler suspended its Mercedes-Benz's local sales franchise in China, as a complaint from a customer over dealership service had gone viral across social media.
Germany's Manager Magazin reported on Tuesday that ING Groep approached Commerzbank over a potential merger deal; however, Commerzbank's CEO Martin Zielke declined to enter the formal talks.
On Tuesday, Caesars Entertainment, the US casino operator, has appointed Anthony Rodio as the corporation's Chief Executive Officer, after facing pressure to sell itself from the activist investor Carl Icahn.
Sberbank's head German Gref stated on Tuesday that he could not provide a confirmation for talks with the Azeri state energy group Socar over the Antipinsky oil refinery potential sale.
Johnson & Johnson topped its Q1 profit forecasts due to higher sales as the company's pharmaceuticals unit, sending its shares up 1.8% to $139.
Italy's Atlantia denied it was in talks with the railways firm Ferrovie dello Stato about potential involvement in the struggling carrier Alitalia's rescue, the infrastructure group chairman assured on Tuesday.
Lufthansa reported on Tuesday it faced an operating loss worth $380M for its Q1, hurt by excess capacity in the EU and rising fuel costs, the news that sent the carrier's shares down 1% at 0925 GMT.
Kingspan, the Irish insulation company, has made a €700M proposal for the flexible and insulation foams divisions of the Belgian company Recticel, it announced on Tuesday.