Four traders told Reuters that China will restart October gasoline, diesel and jet exports after a Golden Week pause. Two industry participants put the approved volume near 3.7 million metric tons.

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Toyota said it signed a strategic alliance framework with China FAW and Guangzhou Automobile Group to speed electrification and intelligent-vehicle work. GAC is to take FAW's stake in FAW Toyota.

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The Sao Paulo bankruptcy court homologated Grupo Pao de Acucar's extrajudicial recovery plan covering 4.568 billion reais of unsecured debt, backed by creditors holding 57.49 percent of the claims.

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USTR said trade ministers from 14 economies joined the United States in a joint statement after an OECD Trade Committee meeting, committing to sectoral platforms on structural excess capacity.

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CADE approved American Airlines' $100 million investment for about 8 percent of Azul, after Abra Group appealed an earlier staff clearance. The approval depends on a merger-control agreement the regulator can enforce.

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Porsche said on Wednesday it wants a medium-term operating margin of 10 to 15 percent on sales of 41 to 45 billion euros. Reuters reported that a cut of about 9,000 of roughly 42,000 jobs has already been decided and is being carried out.

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The merger of Paramount Skydance and Warner Bros. Discovery closed on Tuesday in a transaction the Los Angeles Times valued at 111 billion dollars. Shares of the combined company began trading on the New York Stock Exchange as SKYD.

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