NEW YORK (Reuters) - Stocks extended their decline on Wednesday, with the S&P 500 falling 1 percent following remarks by Federal Reserve Chairman Ben Bernanke which suggested the central bank was not ready to pull back on its economic stimulus efforts but may act if the economy continues to improve.

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DETROIT (Reuters) - China's largest auto parts maker and a boutique car company led by former General Motors Co executive Bob Lutz have offered $20 million to buy "green" carmaker Fisker Automotive, people familiar with the matter said on Wednesday.

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(Reuters) - PepsiCo Inc said it is tweaking its drink-pricing strategy in some parts of the United States, as it aims to wean consumers off the habit of buying soda only when it is on sale.

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BRUSSELS (Reuters) - Europe edged closer to lifting banking secrecy on Wednesday after Austria said it was ready to share data on foreign depositors but Vienna's support could fade should efforts to strike a similar deal with Switzerland fail.

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(Reuters) - Delta Air Lines Inc wants the U.S. Export-Import Bank to stop helping state-owned foreign airlines buy wide-body jets from Boeing Co , and would be willing to forgo such support for its own purchases if all such subsidies were eliminated, its chief executive said on Wednesday.

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WASHINGTON (Reuters) - The Federal Reserve's monetary stimulus is helping the economy recover but the central bank needs to see further signs of traction before taking its foot off the gas, Fed Chairman Ben Bernanke said on Wednesday.

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WASHINGTON (Reuters) - Many Federal Reserve officials earlier this month wanted to see more evidence that the economy was recovering before shifting toward a tapering of their bond purchase program, the Fed said on Wednesday.

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Gold is seeing some renewed demand in China after falling on Tuesday for the eighth time in nine sessions.

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NEW YORK (Reuters) - Stocks fell in choppy trading Wednesday, with the Dow briefly falling more than 1 percent, following remarks by Federal Reserve Chairman Ben Bernanke which suggested the central bank was not ready to pull back on its economic stimulus efforts but may act if the economy continues to improve.

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VATICAN CITY (Reuters) - The Vatican's new financial watchdog said on Wednesday it had detected six possible attempts to use the Holy See to launder money last year, citing this as proof of its commitment to transparency.

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(Reuters) - U.S. carrier Delta Air Lines will watch the wave of orders for the latest Airbus and Boeing planes roll on by and wait for the jets to prove themselves before ordering any, its chief executive told Reuters on Wednesday.

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(Reuters) - Dish Network Corp has rolled out an advertising campaign suggesting a deal by a Japanese company to acquire Sprint Nextel Corp could threaten U.S. national security, hoping to sway lawmakers and win support for its rival offer.

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MILAN (Reuters) - A board member at Italy's troubled lender Monte dei Paschi di Siena is being investigated over allegations of breaking insider trading rules and has been suspended, the bank said on Wednesday.

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DUBAI (Reuters) - Dubai contractor Arabtec said on Wednesday a four-day strike by foreign workers seeking higher pay was over and the emirate's police chief said 200 of them would be repatriated.

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WASHINGTON (Reuters) - Home resales rose in April to the highest level in nearly 3-1/2 years and prices surged, offering the economy a buffer from the stiff headwinds posed by belt-tightening by Washington.

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CORK/DUBLIN (Reuters) - Until this week, Richard Bruton enjoyed the sweet spot in Irish government. While cabinet colleagues rolled out spending cuts and tax hikes, Bruton got the photo opportunities with foreign CEOs investing in their favorite corner of Europe.

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Department store Myer will switch its focus from relentless cost-cutting to driving sales growth.

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Australia's top commodities agency has detailed a year of woe for the local resources industry.

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Significant job losses are expected at Telstra after the telco announced sweeping changes to structure.

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Significant job losses are expected at Telstra after the telco announced sweeping changes to structure.

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Testing of Sandvik’s new 51t and 63t capacity u/g mining trucks is proceeding well and some details from the initial test results at Mittersilltungsten mine in Austria are noted.

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Anglo American Platinum said Wednesday it will begin the formal process to cut 6,000 South African mining jobs at the end of this week.

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Freeport McMoRan Copper & Gold said Wednesday that 28 people have been pronounced dead after a tunnel collapsed last week at a training tunnel close to its Grasberg mine collapsed.

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India's copper cable makers a facing potential manufacturing delays as the closure of the country's two biggest copper smelters pushed up prices and metal shortages

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The Supreme Court of Western Australia on Tuesday ruled in favour of Clive Palmer's interpretation that a royalty is due when the iron ore is stockpiled.

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MILAN (Reuters) - Italy-based truck and tractor maker Fiat Industrial said reports that Italy would lose more than 500 million euros in tax receipts as a result of its moving fiscal domicile to the UK after a merger with unit CNH were absolutely false.

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Prices dipped Tuesday after disappointing import numbers from China, but losses were capped by a protracted production outage at the Grasberg mine in Indonesia.

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The Peruvian miner sees a rise in output in 2013 and says the stalled $4.8 billion Conga gold project could be built at the end of the year.

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WASHINGTON (Reuters) - Boeing Co is 90 percent finished with retrofits of the battery system on its 787 Dreamliner and should finish the rest by next week, Ray Conner, president of the company's commercial airplane division, told an investor conference on Wednesday.

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NEW YORK (Reuters) - Stocks rose on Wednesday, giving up some gains after an initial rally, after Federal Reserve Chairman Ben Bernanke said the central bank needed to see further signs of traction in the economy before it tapered its economic stimulus efforts.

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