The Tokyo stock market's main index dropped 1.1 percent Wednesday as worries over fallout from the U.S. credit squeeze weighed on bank and brokerage stocks.
The yen rose against the dollar and the euro Wednesday in Asia after a plunge in Indian share prices sparked buying of the Japanese currency amid renewed risk aversion.
Britain's second largest soft drinks maker, Britvic PLC, reported a 1.5 percent fall in second-half branded beverage sales Wednesday, blaming a wet summer for the slip.
Nissan's new super-sports car, the GT-R, is a rare challenge to European and American automakers by a Japanese company more used to family friendly offerings like the Altima sedan.
French dairy company Groupe Danone on Wednesday said revenue for the third quarter rose 3.6percent, despite a weak beverage business, a dispute with its Chinese partner and poor summer weather in northern Europe.
Reinsurer Munich Re AG said Wednesday that it is buying The Midland Company, a U.S. specialist insurer, for some US$1.3 billion (?917 million) in a deal aimed at expanding its reach in the United States.
Dutch semiconductor equipment maker ASML Holding NV, a key supplier to chipmakers such as Intel Corp., reported a small dip in third quarter earnings Wednesday and predicted an order increase for the fourth quarter.
Nissan's new super-sportscar, the GT-R, is a rare challenge to the dominant Europeans by a Japanese automaker more used to family friendly offerings like the Altima sedan.
Taking advantage of the new Open Skies agreement between the United States and Europe, the two airlines announced a joint venture allowing them to share revenue and profits on trans-Atlantic routes.
Taking advantage of the new Open Skies agreement between the United States and Europe, the two airlines announced a joint venture allowing them to share revenue and profits on trans-Atlantic routes.
Aer Lingus Group PLC said Wednesday it has sold its remaining 20 percent stake in Futura, a Spanish-registered company operating chartered airline services, for a net profit of ?11.3 million (US$16.2 million).
The Nikkei Stock Average of 225 issues closed at 16,955.31 points on the Tokyo Stock Exchange Wednesday, down 182.61 points, or 1.07 percent, from Tuesday.
