Swedish carmaker Volvo's latest generation of diesel engines could be its last as the cost of reducing emissions of nitrogen oxide is becoming too much, Chief Executive Hakan Samuelsson was quoted as saying on Wednesday.

Advertising agency Mattra has recently won the Golden Globe Tigers Awards 2017 held in Kuala Lumpur in Malaysia.

For global banks, China's new "Silk Road" is a tantalising concept: billions of dollars in deals, loans and advisory fees, and a cosier relationship with Beijing for those who step up.

Ford Motor Co said on Wednesday it plans to cut 1,400 salaried jobs in North America and Asia through voluntary early retirement and other financial incentives as the No. 2 U.S. automaker looks to boost its sagging stock price.

Britain needs to strike post-Brexit trade deals with countries such as Turkey and South Africa as well as the European Union, Ford said on Wednesday, underlining the scale of the challenge facing Prime Minister Theresa May to meet business demands.

The pullback in China's imports in April of crude oil and major bulk commodities, except coal, is more of a reminder that strong gains can't last forever than a warning that demand is waning in the world's biggest importer of natural resources.

Norway plans to launch the first autonomous and fully electric cargo ship next year that the project's backers said Wednesday will save 40,000 truck journeys per year.

Digital currency bitcoin hit a record high on Tuesday as demand for crypto-assets soared with the creation of new tokens to raise funding for start-ups using blockchain technology.

Small business owners trying to break into international markets say US trade policies and the strong dollar affect their ability to export, states a report released Tuesday.

Earlier this year, engineers at Wal-Mart Stores Inc who track rivals' prices online got a rude surprise: the technology they were using to check Amazon.com several million times a day suddenly stopped working.

The European Union plans to launch more antitrust investigations into e-commerce companies after a two-year inquiry uncovered practices that restrict competition, the European Commission said on Wednesday.

Apple Inc became the first US company to top the $800 billion mark in market capitalization on Tuesday, slightly more than two years after it crossed the $700 billion threshold.

Slovak Finance Minister Peter Kazimir suggested Wednesday that the International Monetary Fund was on board for financing Greece's third bailout.

Factory price inflation eased in April, data showed Wednesday, fuelling concerns about a growth slowdown in the world's number two economy and denting hopes for a pick-up a global reflation.

The industry body for Germany's powerful chemicals sector on Wednesday forecast a pick-up in growth for 2017, after a strong first quarter stoked by increased demand at home and abroad.

Brazil's annual inflation rate fell to 4.08 percent in April, lower than official estimates and raising hopes that the South American economic giant is emerging from a prolonged slump.

Europe's development bank predicted Wednesday a pick-up in economic growth in most of the regions where it operates this year as rebounding oil prices boost Russia and other commodity exporters.

Cotton planting in India, the world's biggest producer of the fibre, is likely to rise by 15 percent in the 2017/18 marketing season to a three-year high as farmers switch away from other crops, likely boosting cotton production and exports.

Australia's banking sector reacted with fury Wednesday to a government plan to slug lenders with a hefty new levy, calling it a "naive" tax grab that sent the wrong signal to global financial markets.

Growth in global bond, real estate and money market funds continues to swell the world's "shadow banking" sector, which provides