Nasdaq FB FaceBook

Emirates and Rolls-Royce sought to narrow differences over engine pricing on Wednesday as the Dubai Airshow entered a third day reeling from a public spat over engine performance and business terms that blocked a deal for Airbus A350-1000 jets.

Emerging Asian currencies and stocks advanced on Wednesday, with the Indonesian rupiah and Malaysian ringgit rising more than 1% each, after positive economic data from China and a surprisingly soft U.S. inflation print bolstered investor risk appetite.

(RTTNews) - French rolling stock maker Alstom SA (AOMFF.PK, ALS.L) reported Wednesday that first-half net profit (Group share) was 1 million euros, compared to last year's loss of 21 million euros.

The Bank of Japan (BOJ) on Wednesday reduced offer amounts for its regular buying of Japanese government bonds (JGBs) as the 10-year government bond yield slipped to its lowest level in a month.

Saudi Arabia's annual inflation rate eased to 1.6% in October, from 1.7% the previous month, government data showed on Wednesday, with housing rents once again the main driver.

(RTTNews) - Germany's Siemens Energy AG (SMEGF.PK SMNEY.PK) reported Wednesday that its fourth-quarter net loss was 870 million euros, compared to last year's net income of 354 million euros.

The Russian rouble hit its highest level since late July on Wednesday, boosted by the continued supply of foreign currency by exporters, high interest rates and rising oil prices.

Italian shipbuilder Fincantieri said on Wednesday it is "well on track" to deliver the goals set out in its business plan for 2023-27, after reporting a 60% yearly increase in nine-month core earnings.

U.S. oil pipeline and export terminal operators are stepping up quality checks after finding an out-of-specification cargo that raised worries of excess metals contaminating Texas shale oil, operators and sources said.

Alstom on Wednesday said it would cut jobs and sell assets, and was considering a capital increase as part of a series of efforts to boost its balance sheet and alleviate investor concerns over debt.

Australia is seeking more global investment in its rare earths sector to reduce strategic supply chain risks due to "geopolitical realities" that have built up over the last few years, the resources minister will say on Wednesday.

French car maker Renault said on Wednesday its electric vehicles unit Ampere, which it plans to list on the market next year, will target 10 billion euros ($10.8 billion) in revenues in 2025, more than doubling to 25 billion euros in 2031.

The dollar sputtered at broadly lower levels on Wednesday after slumping overnight as a surprisingly softer U.S. inflation reading bolstered bets that the Federal Reserve has reached the end of its monetary tightening cycle.

Swiss eye-care company Alcon reported third-quarter sales that were slightly below expectations, dragged by inflation and negative currency effects, and narrowed its full-year outlook.

Siemens Energy is reviewing the structure of Siemens Gamesa, it said on Wednesday, in a bid to return to profit the struggling wind division, which caused a 4.6 billion euro ($5.0 billion) annual net loss for the group.

Asian stocks surged to two-month highs on Wednesday in anticipation of stimulus in China and an end to rate hikes in the United States, while the dollar nursed steep losses suffered in the wake of a benign U.S. inflation report.

Central European defence companies are negotiating new deals to sell more weapons, military equipment and related services in Africa as they seek to poach customers looking for alternatives to Russia, companies and government officials say.

Oil prices rose on Wednesday as China's factory output and retail sales beat expectations, a day after the International Energy Agency (IEA) raised its oil demand growth forecast for this year.

(RTTNews) - Indian shares were sharply higher on Wednesday, tracking firm global cues and a decline in U.S. Treasury yields as tamer than expected U.S. CPI data bolstered the view that the Fed was probably done with rate hikes.

Copper held steady on Wednesday, hovering near a five-week peak scaled in the previous session, buoyed by a weaker U.S. dollar and expectations of more stimulus measures in top consumer China.