Italy's competition watchdog fines travel website Tripadvisor €500,000 (£392,000) for publishing misleading information in its reviews.

The Dow Jones and S&P 500 stock markets rise to fresh records, with big technology firms among the main gainers.

China's national carrier, Air China, is set to buy 60 Boeing 737 aircraft in a deal worth more than $6bn (£3.8bn).

Asian markets headed lower on Tuesday despite big gains on Wall Street, which closed at record highs overnight.

Almost 60% of small UK firms do not have plans in place for extreme weather - despite the fact 66% have been affected by it in the last three years - a study says.

Hong Kong property tycoon Thomas Kwok is sentenced to five years in jail and fined $64,440 (£41,327) for corruption.

Chocolate firm Thorntons' shares fall 25% after it warns that annual profits will fall this year because of poor sales in some supermarkets.

Saudi Arabia's oil minister, Ali al-Naimi, says the Opec cartel will not cut oil production even if the price falls to $20 a barrel.