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Wall Street set for subdued open ahead of Fed statement

U.S. stock index futures pointed to a flat opening for Wall Street's main indexes on Wednesday, as investors refrained from taking positions ahead of the Federal Reserve's policy statement that is ...

Apple explores moving 15-30% of production capacity from China: Nikkei

Apple Inc has asked its major suppliers to assess the cost implications of moving 15%-30% of their production capacity from China to Southeast Asia as it prepares for a restructuring of its supply ...

Adidas loses EU bid to extend three-stripe trademark

Adidas has failed in an attempt to broaden trademark protection for its three-stripes symbol in the European Union as rivals seek to muscle into the market for striped shoes and clothing. ...

After Boeing showstopper, Airbus bounces back with Franke deal

Airbus struck a 50-plane deal with veteran low-cost airline investor Bill Franke on Wednesday, bouncing back from the potential loss of a major customer a day earlier when IAG placed a lifeline ord...

Factbox: Airbus and Boeing aircraft deals at Paris Airshow

Following is a summary of commercial aircraft deals announced by Airbus and Boeing at the Paris Airshow. ...

China's Geely picks Swedish software firm for driverless cars

China's Geely has chosen Zenuity, a joint venture between its Volvo car marque and Swedish technology group Veoneer, as its preferred supplier for assisted and self driving software. ...

Britain's Tesco says no timetable for 'finest' store launch

Tesco, Britain's biggest retailer, said it is considering a trial of an upmarket convenience store under the 'Tesco finest' banner but has not disclosed when or where a pilot will be launched. ...

Central banks' dovish cooing keeps world stocks lulled near two-week highs

World stocks held near two-week highs on Wednesday as investors bet on a worldwide wave of central bank stimulus, with expectations growing that the United States and the euro zone may deliver inte...

Czech owners of Skoda, Volkswagen cars qualify for $23 million compensation: report

A Prague district court has ruled that Czech owners of Skoda and Volkswagen cars qualify for 533 million crowns ($23.30 million) in compensation linked to VW's diesel emissions scandal, a news webs...

American Airlines to order 50 Airbus A321XLR, including 30 conversions: source

American Airlines is set to order 50 of Airbus's new A321XLR passenger jet, a source familiar with the matter told Reuters. ...