SYDNEY Asian shares clung to modest gains on Wednesday on hopes that Beijing could stem the rout in its markets without damage to the economy, while caution ruled elsewhere ahead of a policy decision from the U.S.
Twitter Inc's shares fell more than 11 percent in extended trade on Tuesday after the microblogging company said its number of monthly average users grew at the slowest pace since it went public in 2013.
Wall Street has broken a five-day losing streak, helped by a round of better-than-expected profit results and easing fears about the volatile Chinese share market.
BERLIN— Volkswagen AG VLKAY 2.87 % 's after-tax earnings slipped in the second quarter because of weakness in China and restructuring charges in its trucks business, Europe's largest car maker by sales said Wednesday.
Washington • The first wave of long-range commercial drones should be allowed to operate in a narrow, low-altitude band and must agree to be tracked, according to Amazon.