China is set to further expand its massive oil refining capacity this year, offering support to global oil prices, and U.S. producers in particular, but its plans spell more gloom for Asia's hard-hit refining industry.
U.S. President Donald Trump will sign a new North American trade agreement on Wednesday in an outdoor ceremony at the White House to be attended by about 400 guests - but not the key Democrats who helped secure congressional passage of the deal.
Morgan Stanley said on Wednesday the coronavirus outbreak in China was likely to hurt global growth in the near-term and could shave up to 1 percentage point off Chinese growth in the first quarter.
Bank of America analysts reiterated their underperform rating on Tesla, while raising its 12-month price target on Tesla to $350 from $240.
PayPal Holdings Inc reported a 13% fall in fourth-quarter profit on Wednesday, as it spent more on acquisitions and technology.
The U.S.-Mexico-Canada trade agreement (USMCA) signed by President Donald Trump on Wednesday modernizes the 26-year-old North American Free Trade Agreement, which has been blamed for hollowing out the U.S. manufacturing sector.
The EU followed Britain's example on Wednesday, allowing members to decide what part China's Huawei Technologies [HWT.UL] can play in its 5G telecoms networks and resisting pressure from Washington for an outright ban.
Oreo cookie maker Mondelez International Inc on Wednesday beat quarterly revenue estimates on higher demand for its snacks in emerging markets, sending shares up 3%.
U.S. grains trader Archer Daniels Midland Co on Wednesday reported a 60% rise in quarterly profit from last year which included a bigger asset impairment and restructuring charge.
Goldman Sachs CEO David Solomon is raising the bar for the bank's medium-term financial targets.
British Airways has suspended all direct flights to and from mainland China, one of the biggest names in aviation to do so, as worries grow about the impact of the spreading coronavirus on global travel.
Global equity markets edged higher on Wednesday on strong results from Apple and others but concerns about the coronavirus outbreak in China kept a safe-haven bid in gold and the dollar alive.
The investment bank is expanding further into the consumer market.
U.S. stock indexes edged higher on Wednesday, boosted by gains in Apple, Boeing and General Electric following their results, while investors assessed the economic damage of the fast-spreading coronavirus outbreak.
Ottawa should require U.S. tech companies such as Netflix , Amazon and Facebook to collect the same taxes as Canadian companies and also be subject to the same requirements for supporting domestically produced content, a Canadian government-mandated panel recommended on Wednesday.