European shares inched lower on Wednesday as worries of a looming global recession kept investors from making bold bets, while a dive in the pound over fears of a disorderly Brexit pushed British stocks higher.

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Philippine stocks rose over 1% on Wednesday, recovering from the previous session's sharp fall on hopes of positive news from President Rodrigo Duterte's visit to China, while other Southeast Asian markets were tepid amid lingering

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Britain's Brexit-sensitive domestic stocks fell on Wednesday as renewed worries about the country leaving the European Union without a deal pressured sterling and sapped investor appetite for stocks sensitive to slowing consumer spending. Fresh selling

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Argentina's peso currency traded 3.10% weaker at 58.1 per US dollar on Wednesday, cutting what had been steeper losses early in the day as the central bank sold $353 million of its reserves in five

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The European Commission said Wednesday it had opened an investigation into Google's job search tool on competition grounds, having identified a conflict of interest. The move is the latest in a string of EU probes

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Russia on Wednesday unveiled to clients its new MC-21 passenger plane, billed as a competitor to Boeing and Airbus even though the project has been stymied by sanctions and glitches with its predecessor, the Sukhoi

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India's cabinet announced Wednesday that it would ease restrictions on foreign investment in four key sectors in a bid to shore up support for the flagging economy. Asia's third-largest economy has slowed in each of

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Ride-hailing giant Grab said on Wednesday it will invest $500 million over five years in Vietnam, the company's latest expansion in a key Southeast Asian market. The Singapore-based firm has grown rapidly since it ended

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British travel company Thomas Cook agreed Wednesday to a £900-million rescue deal that will hand control of its tour operator business to China's Fosun Group. The recapitalisation, worth the equivalent of 994 million euros or

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Uganda has scrapped plans for a hydro power station near Murchison Falls, an official said Wednesday, a project tourism operators had warned would irreversibly scar one of East Africa's natural wonders. Cabinet agreed the proposed

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