Markets

REUTERS: Qualcomm Inc on Wednesday forecast current-quarter revenue largely below Wall Street targets, excluding a settlement payment from Apple Inc, sending its shares down 3 percent in after-hours trading. The gloomy forecast comes a day after Apple said sales in China, the world's largest ...

The U.S. House Transportation and Infrastructure Committee is tentatively planning a May 15 hearing on the now grounded Boeing 737 MAX and the Federal Aviation Administration's aircraft certification program, three people briefed on the matter said on Wednesday.

Britain's Defence Secretary Gavin Williamson has been fired over the leak of information about Chinese telecoms company Huawei, Prime Minister Theresa May's office said on Wednesday.

WASHINGTON: The Federal Reserve decided on Wednesday (May 1) to keep its benchmark interest rate unchanged amid mixed signals about the direction of the US economy. While the central bank noted the continued "strong labour market" and "solid" gains in economic activity, it also highlighted a ...

U.S. manufacturing activity slowed to a 2-1/2-year low in April amid a sharp drop in new orders while construction spending unexpectedly fell in March, suggesting economic growth was moderating after surging in the first quarter.

U.S. private employers added 275,000 jobs in April, well above economists' expectations and the most since last July, a report by a payrolls processor showed on Wednesday.

Allergan Plc shareholders have voted down a proposal to order the immediate split of the roles of chairman and chief executive, with 61.3 percent of shareholders backing Chairman and CEO Brent Saunders.

Persimmon looks set to avoid another backlash over executive pay after its largest shareholder BlackRock voted in support of the housebuilder's remuneration report, Sky News reported on Wednesday.

Global equities were higher on Wednesday, extending the global equity market rally into a fifth month as investors cheered Apple's strong results and the U.S. dollar dipped ahead of a policy statement from the Federal Reserve.

The parties involved in the pilot strike at Scandinavian airlines SAS will meet at the office of the Norwegian state mediator on Wednesday as the protest entered its sixth day, Norwegian news agency NTB reported.