- Technology companies Nvidia, Amazon and Alphabet fell 0.7% to 0.9% in premarket trading as bond yields rose.
- Exxon Mobil, which is scheduled to formally report results on Oct. 28, reported strong third-quarter operating profit on Tuesday, close to the group's all-time record of $17.9 billion in the previous quarter, helped by a strong performance in natural gas, a stock-market advisory showed.
- Apple has asked its suppliers to move production of some of its Airpods and Beats headphones to India, a first for the U.S. group for such products, the Nikkei daily reported Wednesday.
- Philip Morris, the maker of Marlboro cigarettes, has offered the European Commission concessions to get a green light for its proposed $16 billion takeover of Swedish Match, a European executive document shows.
- A federation representing the major U.S. airlines rejected a request by 70 U.S. lawmakers to extend a voluntary buyback ban program put in place during the COVID-19 pandemic in exchange for government aid.
- Pfizer - An expert committee of Japan's Ministry of Health recommended Wednesday that the U.S. company's COVID-19 vaccine be approved for use in children at least six months old.
- Elon Musk announced that he will complete his $44 billion acquisition of Twitter.
- Volkswagen is asking its brands to "practice" for an IPO.
- Tesco is forecasting a lower than expected annual profit.
- Blackstone is reportedly in negotiations to buy Emerson's electric assets.
- Nestlé closed the sale of Mousline to France's FnB.
- Sixt is to deploy BYD cars in new long-term partnership.
- Hasbro launches program to boost earnings and expects third-quarter sales to fall 15%.
- Rockwell Automation announces plans to acquire CUBIC.
- Ackermans will buy back €70 million of shares.
- Burkhalter buys electrical engineering company in Bern.