Oil prices fell more than 2% on Wednesday after official data showed a rise in U.S. crude inventories, adding to worries about an oversupplied market as weak economic readings in the United States depressed global financial markets.
The World Trade Organization is poised on Wednesday to open the door to hefty U.S. tariffs on European goods over illegal subsidies for Airbus, pushing a 15-year-old row over support for plane giants to the center of fraught global trade relations.
WeWork Japan on Wednesday named a new head of local operations, just days after the co-founder of the We Company stepped down following a botched attempt to gain a stock market listing.
Oil prices were mixed on Wednesday as Brent crude extended losses due to depressed global stock markets, but U.S. crude rose slightly after industry data showed a surprise drop in inventories in the United States.
Tesco boss Dave Lewis will step down next summer after declaring the turnaround of Britain's biggest retailer complete, handing over to Ken Murphy, a former executive at healthcare group Walgreens Boots Alliance .
A major global share index hit its lowest level in a month on Wednesday after U.S. manufacturing activity tumbled to more than a decade low, sparking worries that the fallout from the U.S.-China trade war is spreading to the U.S. economy.
Veteran investor Martin Gilbert will leave Standard Life Aberdeen next year, ending a career spanning more than three decades at the helm of one of Britain's most successful asset managers.
Samsung Electronics Co Ltd has ended mobile telephone production in China, it said on Wednesday, hurt by intensifying competition from domestic rivals in the world's biggest smartphone market.
Online fashion retailer ASOS Plc on Wednesday revamped its board by naming several new directors, including Ocado Solutions Chief Executive Officer Luke Jensen, as it looks to bounce back from a string of profit warnings.
The World Trade Organization said it would publish at 4 p.m. (1400 GMT) its decision on a U.S. request to take action against the European Union in a long-running aircraft subsidy dispute.
Oil rebounded from several days of falling prices after industry data showed a surprise drop in U.S. crude inventories and offset weak economic readings in the United States that have depressed global stock markets.
Huawei Technologies Co Ltd's newly launched Mate 30 devices have lost their access to manually install Google's Android apps, Bloomberg reported on Tuesday.
Samsung Electronics Co Ltd said on Wednesday it suspended production at its mobile phone factory in China at the end of September.
Online fashion retailer ASOS Plc appointed four new independent non-executive directors from several major British companies on Wednesday as it looks to bounce back after a string of profit warnings.
The owners of Paddy Power Betfair and Poker Stars have agreed to merge in an all-share deal that will create the world's largest online betting and gambling company by revenue to take advantage of the opening up of U.S. markets.