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Airbus cut its full-year delivery goal for commercial jets on Wednesday, as the planemaker struggles with production delays at a newly expanded German plant.

A rally in global shares stalled on Wednesday, with Asian shares slipping from three-month highs, as the prospect of a rate cut by the Federal Reserve was countered by worries a Sino-U.S. first-stage trade deal could be delayed.

Germany's Bayer said on Wednesday that the number of U.S. plaintiffs blaming its glyphosate-based weedkillers for their cancer mushroomed to 42,700 from 18,400 in July, raising the stakes in the group's efforts to reach a settlement.

China's Foreign Ministry said on Wednesday that lead China and U.S. trade negotiators will speak again soon after a U.S. administration official said an interim trade agreement between the United States and China might not be completed in time for signing in Chile next month as expected.

Italian-American Fiat Chrysler and Frances's Peugeot owner PSA are in talks over a potential tie-up aimed at creating one of the world's leading auto makers.

French carmaker PSA confirmed on Wednesday that talks were underway with Italian peer Fiat to create a new world leader in the automotive industry.

The initial public offering for state-owned oil company Saudi Aramco will come soon, and will be a decision taken by Saudi Crown Prince Mohammed bin Salman, the kingdom's energy minister said on Wednesday.

Pizza Hut and KFC parent Yum Brands Inc reported quarterly profit below market expectations on Wednesday, hurt by poor performance at GrubHub Inc , the food delivery platform the restaurant operator bought a stake in a year ago.

When Apple Inc reports results on Wednesday, Wall Street expects flat fiscal fourth-quarter sales and lower full-year revenue compared with the prior year, mostly because of declining iPhone sales. Yet Apple's stock price has hit all-time highs in recent weeks, as has its price-to-earnings valuation.

World shares slipped off 21-month highs on Wednesday as the prospect of a U.S. rate cut was offset by reports a Sino-U.S. trade deal may be delayed, though a possible $50 billion merger between Fiat-Chrysler and PSA capped European losses.

The rapid rise of crash-avoidance technology has set carmakers and repair shops on course for a collision that could determine who controls the $800 billion auto aftermarket in the digital age.

A wildfire raging in California threatens to destroy more than homes and businesses - it could also undermine bankrupt PG&E Corp's plan to raise $14 billion to finance the crisis-stricken utility's turnaround plan.

Bayer , the world's largest maker of seeds and pesticides, said U.S. farmers were unperturbed by lawsuits seeking damages from Bayer for an alleged cancer-causing effect of glyphosate-based herbicides.

U.S.-listed white goods maker Whirlpool Corp has dropped plans to shut down a production site in the southern Italian city of Naples after two weeks of workers' protests, the company said on Wednesday.

General Electric Co on Wednesday posted a $1.3 billion loss in the third quarter, but on an adjusted basis beat analysts' profit estimates, helped by higher prices for aircraft parts and a strong healthcare business, and vowed to deliver $1 billion more cash this year than it had previously forecast.