IBM’s revenues have fallen for a fourth straight quarter, pointing to continued pressure on its older products and services despite years of trying to reposition itself in growth markets like cloud computing, artificial intelligence and blockchain.

Ebay raised its full-year profit guidance as the ecommerce company reported better than expected second-quarter earnings, sending its shares higher in late trading on Wednesday.

Wall Street finished in the red on Wednesday following more subdued trading in global stock markets as investors digested a fresh batch of earnings and Donald Trump damped hopes of a swift resolution to trade talks with China.

The Pensions Regulator is investigating concerns that some employers are changing their business names to avoid their obligations to staff.

Investors in currency markets are growing increasingly fearful of a chaotic Brexit, piling into contracts which pay out if sterling fluctuates wildly in the run-up to the Halloween deadline.

A US federal judge on Wednesday sentenced Mexican drug kingpin Joaquín “El Chapo” Guzmán Loera to life in prison.

BHP plans to produce less thermal coal from its assets in Australia over the next 12 months as it looks to pivot away from China and focus on more profitable markets in Japan and Taiwan.

Federal prosecutors have ended an investigation into hush money paid to two women who claimed affairs with Donald Trump, a judge in Manhattan said on Wednesday.

South Africa’s former president Jacob Zuma was on the brink of a walkout from a judicial inquiry into claims of corruption against him, after his lawyers protested the questions he was facing on Wednesday.

The Canadian dollar edged lower after data on Wednesday showed inflation cooled in June from a seven-month high as a drop in oil prices and rising fuel inventories pushed energy prices lower.

The weakest set of building permits since 2017 underscored an overall weak pack of data for the US housing market in June, doing little to allay broader concerns about the health of the domestic economy.

The brother of the Manchester Arena bomber has been extradited to Britain from Libya, UK police have announced.

The price of iron ore remained above $120 a tonne on Wednesday after BHP Group, one of the world’s biggest suppliers of the steelmaking ingredient, revealed annual exports had declined for the first time this century.

Bank of New York Mellon continued to battle a “difficult operating environment” in its second quarter, characterised by a negative yield curve, low levels of market volatility and a stronger dollar.

Bank of America’s second quarter report suffered from the same malaise as the updates from its big peers: falling interest rates pinching lending revenue, forcing revisions to the growth outlook for the rest of the year.

Elliott, the activist hedge fund manager, has taken a 5 per cent stake in Saga, in a move that could lead to a shake-up of the specialist insurance and travel group.

Tanzania has stepped up the pressure on gold miner Acacia Mining, ordering it to stop using a waste storage facility at its largest gold mine by Saturday, an act that could cripple operations.

Shares in London-listed oil companies slid on Wednesday after an apparent thaw in US-Iran tensions sent the price of crude tumbling.

Political upheaval in Hong Kong has hit sales at Swiss watch maker Swatch in the first half of the year as the fallout from a controversial extradition bill continues to reverberate.

Renault is to inject €128m (£116m) into an electric vehicle joint venture with China’s Jiangling Motors, giving the French carmaker greater exposure to the world’s largest market for EVs.

Premier Oil has cut its forecast for 2019 operating costs following strong production in the first half of the year and ongoing tight controls on spending as it continues to tackle its $2.15bn debt pile.

DouYu International, the Chinese video streaming company backed by Tencent, has priced its Nasdaq initial public offering at the lower end of its indicated range, amid prevailing investor caution toward China tech offerings.

The US has announced sanctions on Myanmar’s military commander-in-chief, banning him from the country over his alleged involvement in human rights abuses against the Rohingya ethnic minority.

Singapore’s non-oil exports slumped by their most in more than six years in June, in the latest sign of trouble for the island nation’s economy amid global trade tensions and slowing growth.