US pharmaceutical group Pfizer has bought a 15% stake in Vivet Therapeutics and now has an exclusive option to buy out the rest of the privately-held French gene therapy company.
Stocks on the Continent are holding mostly lower, weighed down by very weak corporate updates coming from both sides of the Atlantic, even as investors wait on the results of the US central bank's policy meeting later in the day.
Google has been slapped with a €1.49bn fine by the European Commission for breaking EU antitrust rules by abusing its market dominance in online advertising.
IQE's shares dropped on Wednesday after the semiconductor business reported a decrease in annual profits and warned that it faced short-term headwinds.
Shares of Bayer were unwanted on Wednesday after a California jury issued a preliminary ruling against the German chemicals maker.
Japan's Toyota Motor Corporate and Suzuki Motor Corporation have unveiled plans for a wide-ranging collaboration, including jointly producing electric vehicles.
US stock futures pointed to a broadly flat open on Wall Street on Wednesday as investors kept their powder dry ahead of the latest policy announcement from the Federal Reserve.
London stocks were off earlier lows but still in the red by midday on Wednesday, with miners pacing the decline amid fresh concerns about Sino-US trade relations.
Foreign exchange service provider Alpha FX reported a 73% improvement in revenue to £23.5m in its audited full-year results on Wednesday.
Ireland and Finland-focussed exploration and development company Conroy Gold and Natural Resources announced on Wednesday that its 2019 drill programme would begin shortly on the 65 kilometre gold trend that it had discovered in the Longford-Down Massif in Ireland.