Swiss engineer ABB's earnings offer some relief as U.S., China weaken

ZURICH (Reuters) - ABB's profit fell by less than expected in the third quarter, lifting its shares on Wednesday, although the Swiss engineering company said conditions were weakening in the United States and China, its two biggest markets.Shares in ABB were 3.7% higher at 1033 GMT after it said its net profit dropped 15%, beating analyst forecasts as fewer than anticipated one-off charges materialised from selling its Power Grids and other elements of a business overhaul.For 2019 as a whole..