SoftBank Group Corp fell into the red in the second quarter for the first time in 14 years, with its gigantic Vision Fund suffering a 970 billion yen ($8.9 billion) loss on plunging valuations of WeWork and Uber Inc.
German sportswear company Adidas expects a boost to sales from new soccer merchandise ahead of the 2020 European championships after quarterly growth was held back by a weaker performance from Yeezy shoes designed by Kanye West.
Huawei Technologies Co Ltd is not yet directly engaged with any U.S. company over the firm's proposal to ease concerns about the security of its platform by licensing its 5G network technology, its founder and CEO Ren Zhengfei said on Wednesday.
China has warned top e-commerce platforms including Alibaba and JD.com to stop practices that could be deemed as monopolistic, as industry frictions grow ahead of the country's banner Singles Day shopping event on Nov. 11.
Facebook Inc began cutting off access to user data for app developers from 2012 to squash potential rivals while presenting the move to the general public as a boon for user privacy, according to court documents reviewed by Reuters.
The New York Times Co beat third-quarter profit estimates on Wednesday, as more people signed up for the newspaper's digital subscription, priced as low as $2 a week.
Global stock markets steadied after a three-day rally on Wednesday as traders continued to watch incoming economic data and awaited new developments from U.S.-China trade talks.
Capri Holdings Ltd missed Wall Street estimates for quarterly profit on Wednesday, as protests in Hong Kong and negative Chinese consumer reaction to an 'incorrectly labeled' T-shirt hurt sales of its Versace brand.
A big oil spill from the Keystone Pipeline in North Dakota last week has hardened opposition to the controversial Keystone XL expansion among landowners along its route, who say they hope to use the incident to help block or stall the project in court.
Cosmetics maker Coty Inc posted first-quarter revenue that fell short of Wall Street estimates on Wednesday, hit by sluggish sales of its mass-market beauty brands.
Boeing Co is planning an initial investment of around $1 billion into industry-wide pilot development as part of a long-term initiative to reduce risks like those faced by the crew in two 737 MAX crashes, people familiar with the matter said.
CVS Health Corp posted a better-than-expected quarterly profit on Wednesday, boosted by its pharmacy benefit management unit and the Aetna health insurance business it acquired last year.
Nonacademic measures such as integrity and initiative are increasingly important, especially at the nation's most selective schools.
Competition in Egypt's ride-hailing and tech-enabled transport market is heating up as rivals from global giant Uber to smaller local firms vie for a slice of the Middle East's largest market.
Papa John's International Inc said on Wednesday its finance head would leave the company next year as new Chief Executive Officer Rob Lynch makes top level changes to turn around the pizza chain's business.