 | | | | U.S. stocks edged lower on Wednesday as videogame makers reported disappointing revenue forecasts and investors awaited developments on U.S.-China trade relations. | | |
| | | Siemens and Alstom's plan to create a European rail champion collapsed on Wednesday after EU regulators blocked the deal, prompting Germany and France to call for an overhaul of EU competition policy to better meet global challenges. | | |
| | | The European Commission's decision to block a tie-up between Alstom and Germany's Siemens is fueling speculation over possible merger talks between the French rail business and Canada's Bombardier, lifting both companies' shares on Wednesday. | | |
| | | Germany will seek to reform competition law during its European Union presidency in 2020, a government source told Reuters on Wednesday, hours after antitrust regulators blocked a rail deal between Siemens and Alstom. | | |
| | | The U.S. trade deficit fell for the first time in six months in November as cheaper oil and higher domestic petroleum production helped to curb the country's import bill, leading economists to boost their economic growth estimates for the fourth quarter. | | |
| | | The Australian dollar tumbled on Wednesday after its central bank signaled a possible interest-rate cut in the latest indication a global economic slowdown is tilting policymakers toward looser monetary policy, while a gauge of world equity markets edged back from two-month highs. | | |
| | | The French Senate rejected on Wednesday proposed legislation aimed at toughening checks on telecoms equipment, following a U.S. warning about Chinese telecoms giant Huawei. | | |
| | | Berlin and Paris are working to change European competition rules to facilitate large cross-border mergers, after the European Union blocked Siemens and Alstom from merging their rail businesses on Wednesday. | | |
| | | Harsh winter weather and the partial U.S. government shutdown boosted demand for private jets in January, according to three business aviation companies that recently reported an uptick last month in deep-pocketed travelers seeking alternatives to commercial flying. | | |
| | | General Motors Co on Wednesday reported a quarterly profit that exceeded Wall Street expectations, thanks to high-margin pickup trucks and small SUVs in the U.S. market and cost cutting. | | |
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