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.
U.S. President Donald Trump's demand that Beijing commit to big purchases of American farm products has become a major sticking point in talks to end the Sino-U.S. trade war, according to several people briefed on the negotiations.
Germany's Bayer is now facing 42,700 U.S. plaintiffs blaming its glyphosate-based weedkillers for their cancer, more than twice the tally in July and potentially raising any future settlement.
BP has yet to decide whether to boost its dividend by the end of the year, it said on Wednesday, after its shares fell sharply on the previous day on fears it would defer a decision to 2020.
U.S. economic growth slowed less than expected in the third quarter as declining business investment was offset by resilient consumer spending and a rebound in exports, which could further allay financial market fears of a recession.
U.S. private employers added 125,000 jobs in October, slightly above economists' expectations, a report by a payrolls processor showed on Wednesday.
Talks between Fiat Chrysler and Peugeot owner PSA over a potential tie-up that could create a $50 billion car giant gathered pace on Wednesday, with one source saying a deal could be announced as early as Thursday.
Italian trade union FIOM said on Wednesday it feared a possible tie-up between Fiat Chrysler and Peugeot owner PSA could hurt Italian factories.
FiatChrysler and France's Peugeot said they are in talks about a potential tie-up, the latest bout of auto industry consolidation as the costs of developing zero-emissions vehicles rises amid slowing global demand.