Japan's SoftBank has unveiled a $5.5B worth share buyback this Wednesday, after reporting a 60% rise in its Q4 operating profit boosted by increasing valuations for the group's technology investments.
On Wednesday, the Canada cannabis producer Aphira has rejected a hostile takeover bid from Green Growth, the US cannabis retailer, saying its offer undervalued the company.
TomTom is expecting a significant rise in its software or enterprise sales this year, after reporting strong results for the holiday quarter, and forecasting 15% of combined revenue growth from digital mapping services sales in 2019.
Cevian Capital, the activist investor, established a stake in the Irish building products and heavy materials group CRH, becoming its second-largest owner, Christer Gardell, the firm's managing partner stated on Wednesday.
By the middle of Wednesday's London trading session crude oil prices had declined by almost one percent. The move was attributed to the weekly crude oil inventories.
On Wednesday, European Union officials announced that the Siemens and Alstom initiative to create a common European railway company. The deal was blocked by EU antitrust regulators.
Margrethe Vestager, the European Competition Commissioner, has started a news conference at 1045 GMT on Wednesday, which is taking place in Brussels, regarding two merger deal cases, with more information is expected to be provided in the nearest time.
Credit Suisse stated on Wednesday it was expecting the tax rate for 2018 to appear higher than previously forecast, adding it was likely to be hit by the US tax provisions, which were aimed at preventing firms from shifting their profits abroad.
On Wednesday, the German Cabinet is set to hold secret session to discuss the participation of Huawei Technologies in establishing Germany's 5G mobile networks on the back of safeguard measures related to the Chinese giant's allegations of collecting private data.
The activist fund Elliott is expected to boost its stake in the German energy utility Uniper, Reuters reported on Wednesday, but no further details has been provided yet.
Societe Generale, the French bank, agreed on a sale of its majority stake in Moldova unit to the Hungarian OTP Bank, expecting to finalise the transaction within the next months.
Ralph Lauren, the luxury retailer, has topped analysts' estimates, reporting better-than-expected results for its Q4 earnings and sales, sending the company's shares up more than 12% on the news.
The United States warned its EU allies not to use China's Huawei Technologies equipment for building the 5G mobile networks, State Department's official reported.
On Wednesday, it was announced by Tesla that the company is once more cutting its Model 3 car's price due to the end of a customer referral program.
The head of the Australian central bank on Wednesday announced that the bank is considering a possible main rate cut, which would decrease the value of the Australian Dollar.
Toyota Motor Corporation announced their third quarter earnings on Wednesday. The company's profits have continued to increase due to bigger sales in Asia.
On Wednesday, United Airlines announced that the company will offer additional 1,600 premium seats on both domestic and international flights.
Egypt's total foreign debt increased to $93.1B by the end of September last year, up half a billion dollars from the same year's June end, the Central Bank of Egypt stated.
The Iranian Minister stated that his country accepted Russia's proposal to build a sub-sea pipeline to export natural gas to India.
Exxon Mobil and Qatar Petroleum stated that they are set to invest in a $10B project to expand a LNG export plant in Texas, aiming to meet global demand for the fuel.
Walt Disney reported quarterly earnings that handily topped estimates of the Wall Street owing to a booming theme park business and its ABC broadcast network's expansion.
On Tuesday, Fiat Chrysler Automobiles announced about the recall of about 882K pickup trucks globally due to the vehicles pedal and steering issues.
Innogy's Chief Operating Officer Martin Herrmann stated on Tuesday the German energy group would launch a restructuring of its UK retail unit npower, which was likely to trigger new job cuts round, after the failed JV deal with the peer SSE.
General Electric is set to pay $57M as it failed to meet the target of job creation agreed with the French authorities, when the company had acquired Alstom's energy unit, the country's Finance Ministry reported on Tuesday.