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 •  Grub infestation may be the fix to India's sugar problem its farmers do not want
India may have found a fix to its sugar problem but the answer will not make its cane farmers happy.
 
 •  Akzo Nobel withstands rising raw material costs to improve profit
Dutch paints and coatings maker Akzo Nobel improved its third quarter operating profit by some 8 percent despite the impact from raw material inflation, which it said on Wednesday had peaked.
 
 •  Relief for UK consumers as inflation drops more than expected
British inflation fell more than expected in September to a three-month low, offering some relief to consumers who have been squeezed financially since the Brexit vote.
 
 •  U.S. oil service firms face tough quarter despite high crude prices
Even as crude prices hover near four-year highs, U.S. oilfield service firms' third-quarter results due out in coming days will reflect a shaky recovery, as their customers face drilling constraints and pressure to hold down spending.
 
 •  Tesla signs agreement in Shanghai for gigafactory site
Tesla Inc has signed an agreement with the Shanghai government for an 860,000 square metre plot of land to build its first overseas Gigafactory, the electric carmaker said in a Chinese social media post on Wednesday.
 
 •  Philippine watchdog fines Grab, Uber for rushed merger, drop in service quality
The Philippines' competition watchdog fined ride-hailing firms Grab and Uber Technologies on Wednesday, saying they consummated their merger too soon and that the quality of service dipped, becoming the second regulator in the region to penalise them.
 
 •  Danske Bank ditches CEO candidate after regulator questions experience
Danske Bank said on Wednesday it had dropped plans to appoint Jacob Aarup-Andersen as chief executive after the Danish Financial Supervisory Authority (FSA) said a more experienced candidate was needed.
 
 •  Exclusive: Spain to block Berkeley uranium mine project - sources
The Spanish government has decided not to deliver the permits necessary to open the European Union's only open-cast uranium mine near Salamanca, dealing a serious blow to Australian mining company Berkeley Energia's plans.
 
 •  SocGen CEO cancels attendance at Saudi Arabia investment conference
The chief executive of French bank Societe Generale has cancelled his attendance at a Saudi Arabia investment conference, as leading business executives pull out amid widespread concern about the fate of a Saudi journalist.
 
 •  World stocks extend rise after blockbuster U.S. earnings
Forecast-beating U.S. company earnings improved the mood on world equity markets on Wednesday, as Asian and European shares put aside concerns on global growth and trade and took their cue from Wall Street's best one-day rise in eight months.
 
 •  Virtual schools keep Pearson on course for return to profit growth
Demand for online courses and virtual schools helped British education publisher Pearson to overcome weaker textbook sales in the United States and remain on track for a return to profit growth in 2018.
 
 •  Oil rises on surprise draw in U.S. crude stockpiles
Oil prices rose for a fourth day on Wednesday after industry data showed a surprise decline in U.S. crude inventories and tension over the disappearance of a prominent Saudi journalist stoked supply worries.
 
 •  India hopes to invite bids to fill south Indian oil storage: executive
India hopes to invite bids in three to four months to fill a storage facility in southern India with 19 million barrels of oil, the chief executive of Indian Strategic Petroleum Reserve Ltd said on Wednesday.
 
 •  Cambodia's garment workers fear EU trade threat but producers optimistic
A European Union decision to ramp up trade pressure on Cambodia has alarmed unions in its garment industry, a pillar of the economy that employs about 700,000 people, but a key grouping of manufacturers said the risk would take months to materialise.
 
 •  UK's May met Tata patriarch Ratan as Jaguar warns on Brexit, diesel: source
British Prime Minister Theresa May and business minister Greg Clark met Ratan Tata, patriarch of the Tata family, a few weeks ago as its car brand Jaguar Land Rover warns about the effect of Brexit and diesel policy, a government source said.
 
 •  Beset by copies, Roche gets sales boost from China
Roche's third-quarter revenue beat analysts' forecasts as new drugs such as Ocrevus for multiple sclerosis picked up pace and as China bought more of older medicines whose sales are dropping elsewhere following patent expiries.
 
 •  Exclusive - Don't mention the oil price: U.S. legal threat prompts change at OPEC
OPEC has urged its members not to mention oil prices when discussing policy in a break from the past, as the oil producing group seeks to avoid the risk of U.S. legal action for manipulating the market, sources close to OPEC said.
 
 •  Chinese electric car makers, nurtured by state, now look for way out of glut
Humming away in an industrial estate in the eastern Chinese resort city of Hangzhou, electric vehicle designer Automagic is one of hundreds of companies looking to ride the country's wave of investment in clean transportation.
 
 •  ASOS says potential 'huge' as annual profit jumps 28 percent
British online fashion retailer ASOS said its potential was "huge" as it narrowly beat forecasts with a 28 percent jump in 2017-18 profit and maintained guidance for its new financial year and beyond.
 
 •  China's state planner approves $5.3 billion railway project
China's state planner said on Wednesday it has approved a high-speed railway project worth 36.8 billion yuan ($5.3 billion) in eastern China.
 
Updated: 4 minutes ago
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