Apple Inc plans to introduce a trade-in program for iPhones in China in association with the Foxconn Technology Group, Bloomberg reported, citing people familiar with the effort.
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Heinz deal for Kraft expands food larder for Buffett, 3G
Ketchup maker H.J. Heinz Co, backed by Warren Buffett's Berkshire Hathaway Inc (BRKa.N) and Brazilian private equity firm 3G Capital, will combine with Kraft Foods Group Inc
Hainan Airlines to buy 30 Boeing 787-9 jets, worth $7.7 billion by list price
Hainan Airlines Co Ltd (600221.SS), China's fourth-largest carrier, said on Wednesday it plans to order 30 Boeing Co (BA.N) B787-9 jets as it seeks to expand international routes to tap into growing demand for overseas travel from China.
U.S. jury says Motorola infringed one Intellectual Ventures patent
Patent holding company Intellectual Ventures' second crack at holding Motorola Mobility liable for using its technology without permission partially succeeded on Wednesday after a U.S. jury in Delaware found Motorola infringed a patent on multimedia text messaging.
Delta rocket blasts off from Florida with improved GPS satellite
An unmanned Delta 4 rocket blasted off from Florida on Wednesday to deliver the ninth of 12 next-generation Global Positioning System satellites into orbit.
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Sri Lanka's President Maithripala Sirisena headed to Beijing on Wednesday seeking to end a stalemate over China's biggest investment project in the island which his administration has suspended over allegations of wrongdoing.
Italian tyre maker Pirelli (PECI.MI), which is being bought by China National Chemical Corp (ChemChina), does not plan to pay a special dividend to its shareholders as part of the buyout plan, two sources with direct knowledge of the matter said.
Borse Dubai [BRSDB.UL], the biggest investor in the London Stock Exchange is selling its stake in the British exchange, which will raise around 1.5 billion pounds ($2.23 billion).
A forecast model from the Federal Reserve of Atlanta on Wednesday suggested the U.S. economy is barely growing in the first quarter following an unexpectedly steep 1.4 percent drop in durable goods orders in February.
Oil settled up about 3 percent on Wednesday as a weak dollar, fighting in Yemen and speculative buying boosted crude prices in spite of U.S. inventories building to record highs for an 11th week.
Wells Fargo & Co, the fourth-largest U.S. bank by assets, said it will cut 1,000 jobs and close its home-lending servicing office in Milwaukee, Wisconsin.
U.S. business investment spending plans fell for a sixth straight month in February, likely weighed down by a strong dollar and weak global demand, leading economists to further lower their first-quarter growth estimates.
U.S. stocks dropped on Wednesday as a slump in technology and biotechs sent the Nasdaq to its biggest decline in nearly a year while the S&P 500 fell through key support levels.
A wine battle may be uncorked as imports of rosés from France, Italy, Spain, Germany, South Africa vie for shelf space and a share of the U.S. market, which is good news for consumers.
