World stocks were knocked off 22-month highs on Wednesday as a renewed flare-up in Sino-U.S. tensions and the creeping return of U.S. recession fears fueled a bid for bonds and other "safe" assets such as gold.
Chinese e-commerce giant Alibaba Group raised up to $12.9 billion in a landmark listing in Hong Kong, the largest share sale in the city in nine years and a world record for a cross-border secondary share sale.
Lowe's Cos Inc raised its full-year earnings forecast on Wednesday, as the home improvement chain's increased assortment of industrial products like drills and power saws attracted more high-spending building contractors and handymen.
Swedbank CEO Jens Henriksson pledged to "get to the bottom" of an alleged transfer of funds from a Russian arms company which Swedish broadcaster SVT on Wednesday said may have violated U.S sanctions against Russia.
Many investors are shunning the riskiest corners of the junk-rated U.S. corporate loan market because of concerns about possible credit rating downgrades, putting the brakes on a run of leveraged buyouts and debt-funded dividends.
Dutch technology company Prosus NV on Wednesday urged shareholders of Britain's Just Eat PLC to accept its unsolicited 4.9 billion pound ($6.3 billion) cash bid for the company by Dec. 10, and spurn an alternative offer as too risky.
Loss-making Norwegian Air has appointed a new chief executive to take charge of the budget carrier's ongoing restructuring, the board said on Wednesday.
Technology company Prosus on Wednesday criticized rival suitor Takeaway.com's bid for British food delivery service Just Eat, saying it presents "significant risks" for shareholders.
Trade union UFO said on Wednesday that it would announce strikes that could fall during the Christmas period if Lufthansa does not make concessions in a wage dispute.
Apple Inc said on Wednesday it had started construction of a new campus in Austin, Texas, beside its existing facility where it makes the new MacBook Pro laptops.
Saudi Aramco plans meetings with investors in Dubai next week, sources said, in which it is seeking to raise up to $25.6 billion in the world's biggest share sale.
Apple Inc Chief Executive Tim Cook will give U.S. President Donald Trump a personal tour of its Texas computer factory on Wednesday, the latest sign of a close relationship between two of America's most powerful men.
Target Corp raised its full-year profit forecast after posting better-than-expected quarterly results on Wednesday, signaling a strong holiday season for the big-box retailer as it benefits from same-day delivery services and revamped stores.
South African Airways (SAA) is running out of cash and could be liquidated if the government doesn't give it additional guarantees soon, a board member said on Wednesday, as trade unions threatened to escalate a crippling strike.
Swedbank's chief executive Jens Henriksson vowed on Wednesday to "get to the bottom" of an alleged funds transfer from a Russian arms company, which Swedish public service broadcaster SVT said may have violated U.S sanctions.