 | | | | As Qualcomm's major victory against Apple sent semiconductor stocks to record highs on Wednesday, the sector's strong recent rally may be at odds with uncertainty about an ongoing downturn in global demand. | | | | | | Spain's Repsol has suspended its swaps of refined products for crude with Venezuela's state-run oil company PDVSA, people familiar with the matter said, as U.S. officials weigh penalties for foreign firms doing business with Venezuela. | | | | | | Canada called on Wednesday for pilots to receive simulator training for new Boeing 737 MAX software, rather than computer courses, going a step beyond proposals by U.S. regulators and opening the door to disagreement over measures to end a global grounding of the jets after two fatal crashes. | | | | | | United Airlines expects Boeing Co's grounded 737 MAX jets to return to service this summer, with deliveries resuming before the end of the year, an executive said on Wednesday, reassuring investors concerned about a prolonged suspension. | | | | | | Crude prices declined slightly on Wednesday as U.S. government data showed inventories drew down less than an industry report had suggested on Tuesday. | | | | | | General Motors' luxury Cadillac brand is enjoying strong growth in China, the No.1 U.S. automaker said at a conference on Wednesday in New York. | | | | | | Uber Technologies Inc is nearing a deal with a group, including SoftBank Group Corp, to invest in its self-driving car unit to be valued at $7.25 billion, the Wall Street Journal reported on Wednesday, citing people familiar with the matter. | | | | | | Ford Motor Co's shift in production at a Michigan plant to trucks from less profitable cars will lead to a more than $1 billion improvement in operating earnings, an official at the No. 2 U.S. automaker said on Wednesday. | | | | | | World stock markets gave up early gains as a continued flight from healthcare shares dragged on Wall Street, overshadowing upbeat economic data from China. | | | | | | Amazon.com Inc plans to close its domestic marketplace business in China by mid-July, people familiar with the matter told Reuters on Wednesday, focusing efforts on its more lucrative businesses selling overseas goods and cloud services in the world's most populous country. | | | | | |
