Global shares falter as Wall St tumbles; bond prices fall


NEW YORK - Global equity markets fell on Wednesday, reversing earlier gains driven by solid corporate earnings and mild U.S. inflation data that may let the Federal Reserve keep interest rates lower for longer, as U.S. stocks retreated after some big corporate names sold off.

Nestle keeps W. Africa plants open, ready to act if Ebola spreads: CEO

LAGOS DE MORENO Mexico - Nestle has no plans to close any of its eight factories or curb output in cocoa and coffee-rich West and Central Africa because of Ebola, but is ready to adapt if it spreads, the Chief Executive of the world's largest food company said on Wednesday.

U.S., Health, Mexico, Africa 5:28pm EDT

Boeing and Chinese partner to make jet fuel from 'gutter oil'

BEIJING - Aircraft makers Boeing and Commercial Aircraft Corp of China have launched a joint pilot project to turn used cooking oil into jet fuel.

Environment, China, 4:52pm EDT

Lockheed Martin and Turkey's Roketsan sign F-35 missile deal

ISTANBUL - Lockheed Martin and Turkish missile manufacturer Roketsan signed an agreement Wednesday to produce and sell Turkey's SOM-J air-launched cruise missile for the F-35 Lightning II combat jet, the companies said.

Deals, 3:49pm EDT

Boeing books first sales to Iran since 1979

SEATTLE - Boeing said on Wednesday it had sold aircraft-related goods to Iran Air in the third quarter, marking the first acknowledged dealings between U.S. aerospace companies and Iran since the 1979 U.S. hostage crisis.

Deals, 3:24pm EDT

As virus spreads, insurers exclude Ebola from new policies

- As fear of Ebola infections spreads to developed economies, U.S. and British insurance companies have begun writing Ebola exclusions into standard policies to cover hospitals, event organizers and other businesses vulnerable to local disruptions.

Health, U.S., 3:08pm EDT

Boeing profit jumps 18 percent, but cash is scarce

- Boeing Co reported an 18 percent increase in quarterly profit and raised its full-year core earnings forecast for the third time, reflecting booming commercial aircraft demand and increasing profitability in its defense business.

3:07pm EDT

Lockheed Martin challenges contract to Raytheon

WASHINGTON - Lockheed Martin Corp on Wednesday said it had filed a formal protest with the U.S. Government Accountability Office challenging the U.S. Air Force's decision to pick Raytheon Co to develop a new long-range radar.

Deals, 1:44pm EDT

WRAPUP 1-U.S. defense shares up as arms makers boost profit, margins

WASHINGTON, Oct 22 - Shares of U.S. weapons makers rose broadly on Wednesday after a spate of third-quarter results showed continued growth in earnings and operating margins despite weaker revenue.

Industrials, 1:03pm EDT

Boeing sees cash increase, possible hike in share buybacks

SEATTLE - Boeing said on Wednesday it expects "very strong cash flow" in the final quarter of 2014 and continued growth in 2015, addressing analysts' concerns about softer cash-flow in the third quarter.

12:35pm EDT