Europe's stock markets have rebounded somewhat in opening deals, clawing back some of their China-inspired losses from the previous session.
Global stock markets rebounded slightly Wednesday, though investors remained cautious amid lasting concerns over China's economy.
Australia's economy decelerated sharply as the slowdown in China, its biggest trading partner, dented exports and mining construction.
A federal judge granted class-action status to a lawsuit in California against Uber over the payment of its drivers, upping the stakes for the ride-hailing company in the case.
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.