Tensions between Japan and South Korea come as the U.S. and its trading partners are embroiled in a global trade war.Technologyread more
The one-to-eight stock split would mean the current number of ordinary shares — which stands at 4 billion — will increase to 32 billion. It comes ahead of a reported Hong Kong...Asia Marketsread more
Minutes from the Reserve Bank of Australia's monetary policy meeting in July showed the central bank was ready to adjust interest rates if required.Asia Marketsread more
Current and former Tesla employees working in the company's open-air "tent" factory say they felt pressure to take shortcuts to hit aggressive Model 3 production goals,...Technologyread more
China's fiscal spending increased 10.7% in the first six months from a year earlier, the finance ministry said on Tuesday, underlining the government's bid to support the...China Economyread more
The findings by McKinsey and Company come amid a year-long tariff fight between the U.S. and China, which has spilled into areas such as technology and security.China Economyread more
Microsoft's considerable reach into the corporate world isn't something Slack CEO Stewart Butterfield is very concerned about.Technologyread more
Von der Leyen, one of the longest serving ministers in Germany, has tried to woo European lawmakers over the last two weeks.Europe Newsread more
A devastating outbreak of African swine fever that has killed millions of pigs in China is changing attitudes in a country where farm hygiene has often been seen as lax by...Livestockread more
In a closed-door meeting at a Manhattan mansion, executives outlined changes to controversial software that was implicated in two crashes.Aerospace & Defenseread more
President Donald Trump and the RNC are picking up key supporters in the business community who did not back him as a candidate in 2016.2020 Electionsread more
European stocks closed lower Wednesday as investors reacted to a jobs report in the U.S. and a slew of data from the euro zone.
The pan-European STOXX 600 index wended Wednesday provisionally down 0.3 percent with only three sectors in positive territory. The basic resources sector was the worst performer, down 2.7 percent.
Markets were unmoved earlier in the morning by data showing that the euro zone inflation rate remained at 0.2 percent in August, unchanged from the previous month. The region's unemployment rate for July also remained unchanged from the previous month, at 10.1 percent.
Meanwhile later in the session, a U.S report showed job creation at the company level rose about in line with expectations in August, despite weakness in manufacturing and construction. The ADP report is seen as a warm-up for the all-important U.S. jobs data due on Friday. The non-farm payrolls report will be eagerly watched by the U.S. Federal Reserve and could determine whether the central bank increases interest rates in September.
"The U.S. jobs data is the main macro focus of the week. The markets are pursuing an approval to back up Janet Yellen's hawkish stance on the macro front," Ipek Ozkardeskaya, a senior market analyst at London Capital Group, said in a note.
In morning trade on Wall Street, both the Dow Jones Industrial Average and the broader S&P 500 were down around 0.3 percent.
Shares of Commerzbank ended the day up around 3.4 percent after a German magazine report suggested that Deutsche Bank had considered a merger with its German rival. The German Manager Magazin did not cite sources. Neither Deutsche Bank nor Commerzbank would comment on the report. Shares of Deutsche Bank were up around 2.7 percent.
Meanwhile, French industrial group Bouygues' share price was up 1.3 percent after it reported a 73 percent rise in first-half current operating profit despite a slip in sales, Reuters reported. The family-controlled company also announced preparations for the succession of chairman and chief executive Martin Bouygues.
In other news, French Economy Minister Emanuel Macron resigned on Tuesday in order to work on his plan "to transform France" but there is speculation that he will run in the 2017 presidential election.
Meanwhile, British consumer confidence bounced back in August after a Brexit blip, a survey by GfK showed on Wednesday.
Follow CNBC International on and Facebook.