Europe's stock markets have rebounded somewhat in opening deals, clawing back some of their China-inspired losses from the previous session.
The Australian dollar on Wednesday recovered after twice slumping below US70� for the first time since April 2009 as global fears around China spilled into local trading and on the release of weaker than expected GDP figures.
A judge has allowed Uber drivers in California to take legal action to determine whether they are contractors or employees. Three drivers had sued Uber, arguing they were employees of the company.
McDonald's Corp. plans to start selling all-day breakfast across the US on 6 October, aiming to reinvigorate sluggish sales by fulfilling a longstanding customer request.
BERLIN—German car maker Volkswagen AG VLKAY -2.93 % on Wednesday said it would extend the contract of Chief Executive Martin Winterkorn through 2018, ending speculation that he could step down as CEO and become chairman.