IBT Staff Reporter

Stock futures pointed to a rise of more than 1 percent at the open on Wednesday after JPMorgan Chase & Co posted a surge in profit following stronger numbers from Intel Corp a day earlier.

Mexican auto production rose in September on a monthly basis for a third consecutive month, suggesting the sector is pulling out of a deep slump.

North Korea's neighbors and the United States are coordinating closely to draw the isolated state back to nuclear disarmament talks and reviewing possible next steps, a senior U.S. diplomat said on Wednesday.

Agreement between Magna and a UK labour union on Tuesday brought closer a final deal for General Motors [GM.UL] to sell a majority stake in its European carmaking arm Opel to a Canadian-Russian consortium.

General Motors Co aims to grow faster than China's auto market in 2010, its China chief said on Wednesday, after outperforming the country's overall market in the first three quarters.

U.S. Secretary of State Hillary Clinton ends her visit to Russia on Wednesday with a charm offensive to win public support for Washington's efforts to reset relations but no clear breakthroughs from formal talks.

France, Italy and Germany have written to the European Union's executive asking for a delay or softening to planned curbs on carbon dioxide emissions from new vans, EU diplomats say.

Canadian silver miner Pan American Silver Corp (PAA.TO) said on Wednesday it plans to acquire exploration company Aquiline Resources Inc (AQI.TO), in a deal valued at C$626 million ($609 million).

Ford Motor Co is expanding its largest ever recall -- involving faulty cruise control deactivation switches that have caused fires -- by 4.5 million vehicles, regulators and company officials said on Tuesday.

Brazil's government will use regulation and its financial muscle to trump a wave of foreign takeovers in the nation's pharmaceutical industry, the daily newspaper Valor Economico said on Wednesday, citing a top official.

The supervisory board of Vivendi (VIV.PA) will meet this afternoon amid speculation it could ditch its offer for Brazilian telecom company GVT GVTT.SA, a trade union source told Reuters on Wednesday.

The number of new apartments put up for sale in the Tokyo area rose 26.2 percent in September from a year earlier for the first rise in 25 months, a property market research firm said on Wednesday.

After a year most investors would like to forget, foreign real estate buyers are being swayed to spend again in New York City by a weak U.S. dollar and property prices at levels not seen for years, say experts.

Investors remain bullish about equities but not to the extent that it creates the risk of a sharp swing in sentiment, Bank of America Merrill Lynch said on Wednesday.

U.S. stock index futures pointed to a rise of more than 1 percent at the open on Wednesday after JPMorgan Chase & Co (JPM.N) posted a surge in profit following stronger numbers from Intel Corp (INTC.O) a day earlier.

Private equity firm Blackstone Group's chief executive said the worst of the industry's problems were behind it, and dealflow and IPO opportunities were opening up again.

Stock futures pointed to a rise of more than 1 percent at the open on Wednesday after JPMorgan Chase & Co posted a surge in profit following stronger numbers from Intel Corp a day earlier.

After a slow start, the volume of bids on LoanMarket more than quadrupled in August, he said, adding the stabilization of the housing market and the economy may have played a part as well as the discounts available from banks and funds that need to unload underwater investments.

Avid golfer Bob Cano came to the Arizona sunbelt to buy his dream getaway property and ended up picking up three more distressed homes as prices fell to half of 2006 levels.

Oil surged for a fifth day on Wednesday to a 2009 high above $75 a barrel, boosted by a weak dollar and optimism about a global economic rebound that will lead to higher energy demand.

U.S. mortgage applications dipped last week as interest rates on 30-year loans rose above 5 percent, data from an industry group showed on Wednesday.

Ford Motor Co said its China vehicle sales in the third quarter jumped 79 percent from a year earlier as Beijing's stimulus policies bolstered auto demand.

After a year most investors would like to forget, foreign real estate buyers are being swayed to spend again in New York City by a weak U.S. dollar and property prices at levels not seen for years, say experts.

General Motors Co GM.UL aims to grow faster than China's auto market in 2010, its China chief said on Wednesday, after outperforming the country's overall market in the first three quarters.

JPMorgan Chase & Co reported sharply higher third-quarter results, topping Wall Street expectations, as gains at its investment bank offset deeper losses on credit cards and other consumer loans.

A smartphone generates much less mobile data traffic than a laptop with a data card, but phones impose a load on the network which is much larger than anticipated, a study showed on Wednesday.

Stock futures pointed to a rise of more than 1 percent at the open on Wednesday after JPMorgan Chase & Co posted a surge in profit following stronger numbers from Intel Corp a day earlier.

U.S. stock index futures pointed to a rise of more than 1 percent at the open on Wednesday after JPMorgan Chase & Co (JPM.N) posted a surge in profit following stronger numbers from Intel Corp (INTC.O) a day earlier.

Dell Inc Chief Executive Michael Dell said the business climate was improving and repeated his expectation for a powerful hardware refresh cycle beginning next year.