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Updated: 2 hours 46 min ago
Banco Santander's chairman Ana Botin on Wednesday said the lender was not planning any major strategy change after appointing Andrea Orcel as its new chief operating officer.
Stock futures pointed to a higher opening for Canada's main stock index on Wednesday ahead of the U.S. Federal Reserve's decision on monetary policy later in the day.
Merck & Co Inc's Kenneth Frazier will stay on as chief executive beyond 2019, the drugmaker said on Wednesday, after it scrapped a policy requiring its CEO to retire at the age of 65.
Brazilian planemaker Embraer SA said on Wednesday in a securities filing that Swiss airline Helvetic Airways signed a firm order to buy 12 E190-E2 jets, in a contract worth $730 million.
Shareholders of Brazilian mining company Vale SA should reach an agreement on Wednesday to pay 2.82 billion reais ($692.01 million) to Eletron to settle a dispute, holding company Litel Participações SA said in a securities filing.
Alexion Pharmaceuticals Inc said on Wednesday it would buy privately held biotech company Syntimmune for a total value of up to $1.2 billion, bolstering its portfolio of drugs to treat rare disorders.
In a town where a 30-feet tall chair is the chief landmark, and which is synonymous with a U.S. furniture industry decimated over the years by imports from China, many greet the possibility of tariffs on Chinese goods with a shrug.
With the Federal Reserve widely expected to raise interest rates on Wednesday, financial markets are focused on whether signs of an acceleration in U.S. economic growth will prompt the central bank to ramp up the pace of monetary policy tightening.
The oil and gas fracking boom has lured scores of drillers to the Eagle Ford region of South Texas, the second largest U.S. oil patch, as new production technology opened access to billions more barrels.
Drugmaker Merck and Co Inc said on Wednesday that its board voted to rescind a policy requiring its head to retire at 65, a move that will permit current Chief Executive Officer Kenneth Frazier to remain in the role beyond next year.
* UBS and Commerzbank decline to comment (Updates with comment from CEO, new reporting credit, share prices)
* Markus Schaefer to become head of Mercedes-Benz Cars (Adds fund manager quote, writes through with more detail)
Alexion Pharmaceuticals Inc said on Wednesday it would buy privately held biotech company Syntimmune for a total value of up to $1.2 billion, giving it access to a rare blood disorder drug.
Uber's head of corporate development, Cameron Poetzscher, was disciplined after a probe found he had a pattern of making sexually suggestive comments about other co-workers, the Wall Street Journal reported on Wednesday, citing people familiar with the investigation.
Tech companies have agreed to measures to tackle fake news and concerns that it can influence elections, the European Commission said on Wednesday. With EU parliament and national elections coming up next year, the EU executive wants to thwart foreign interference following allegations of meddling in the U.S. presidential election and the referendum in which Britons voted to leave the European Union.
Caspian Pipeline Consortium (CPC) plans to increase crude shipments to more than 65 million tonnes next year from this year's expected 60-61 million tonnes, CPC chief executive Nikolai Gorban said on Wednesday.