British American Tobacco has agreed a $49.4bn (�40bn) deal to take control of US rival Reynolds, creating the world's largest listed tobacco firm.
The pound steadied early on Tuesday ahead of Theresa May's landmark speech on Brexit and after the Bank of England governor hinted at a more hawkish stance on interest rates.
Rolls-Royce, Britain's leading multinational manufacturer, is to pay �671m in penalties after long-running investigations into claims it paid bribes to land export contracts.
A significant number of global business leaders have questioned whether globalization has done anything to tackle inequality or mitigate the issue of climate change, according to a new survey by the audit firm PwC.
Italy's richest man is the driving force behind its €46bn merger and at 81 shows no signs of stepping down. Roger Baird. By Roger Baird.