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Oil prices have fallen after the US Department of Energy reported record-high commercial crude-oil stocks .
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Despite strong gains from Boeing, Dow Chemical and Delta Air Lines, US stocks have fallen.
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Belgian-Brazilian brewing giant AB InBev is to purchase Chinese brewery Siping Ginsber in a deal reportedly worth 450 million euros.
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Boeing lifts profit outlook

Boeing says its outlook for the full year remains positive on the strength of demand for its products.
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US oil stockpiles hit record

An oil and gas production boom in the US has lifted the country's stockpiles to a record 397.7 million barrels.
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The US winter of 2013-14 was one of the coldest, but Procter & Gamble says fewer swings in temperatures led to fewer coughs and colds and a dip in sales.
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Online retailer Amazon, under pressure to boost its bottom line after a spate of furious growth, will offer the HBO cable network to its prime members.
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Sales of new US homes plunge 14.5%

The US Commerce Department says sales of new homes declined 14.5 per cent last month.
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China is reportedly set to launch a series of projects for private investment as part of a pledge to let markets play a greater role in allocating capital.
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UK-based clothing chain Primark is preparing to take on the US market, with plans tobegin trading there towards the end of 2015.
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WhatsApp now has 500 million active users, the free mobile messaging service being acquired by Facebook says.
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Asian shares mixed at close

Asian markets have ended mixed following another Wall Street rally, while a report showed a slight improvement in Chinese manufacturing activity.
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A survey shows eurozone business activity hit a near three-year high in April as a modest economic recovery gained momentum and began creating jobs.
Stocks of interest on the Australian Securities Exchange at the close on Wednesday

Toyota sells 2.58 million vehicles

Toyota has had a very good first quarter, outperforming GM to sell a record 2.58 million vehicles.
The latest figures show inflation is under control. Thanks to the slack jobs market, there's no reason to expect that to change in the near future.

China yuan hits 16-month low

China's yuan currency has hit a 16-month low against the US dollar, with some traders blaming the slowing economy.
Energy stocks pushed the New Zealand market higher as investors bet the government is in a stronger position to be re-elected.
The NZ dollar is up against the aussie dollar on the eve of an interest rate decision in New Zealand on Thursday.
China Mobile has seen is quarterly profit drop 9.4 per cent as customers used its services less.
Adam has a secret. He's shared it with his family and close friends. In fact, he would like to talk about it more openly.
HSBC's preliminary purchasing managers' index shows China's crucial manufacturing sector is still shrinking, but at a slower rate.

Business confidence on the improve

After several years of weakness, the trend in business confidence in Australia is geting stronger and stronger.
American firm Tesla Motors has delivered the first eight electric cars to customers in China.

Hong Kong shares end 0.97pc lower

Hong Kong shares have sunk 0.97 per cent despite another rally on Wall Street.

Stocks to watch at noon on Wednesday

Stocks of interest on the Australian Securities Exchange at noon on Wednesday
JB Hi-Fi boss Terry Smart has announced he will retire in August after 14 years with the electronics retailer.

$A falls on inflation data

The Australian dollar fell after the release of softer than expected March quarter inflation figures.
Stockland will gauge investor reaction to a rejection of its $2.4 billion takeover proposal for fellow property developer Australand.
Business networking company LinkedIn has signed a lease to anchor a new San Francisco high-rise.
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A student group in New Zealand is offering free beer in exchange for dead rats, as part of a wider conservation effort.

Iran's divorce rate rising

Fewer people are getting married and the divorce rate is on the rise in Iran, according to new figures.
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Croatia has summoned the Australian Ambassador in Zagreb to answer questions about a federal MP's speech at a controversial Croatian community event in Sydney.
Officers in all 24-hour police stations in regional Victoria will be given Taser stun guns.