Tesco Plc, the troubled British grocery leader, abandoned the sale of its data analytics unit Dunnhumby, raising concern that the company will need to resort to a capital increase to reduce its 21.9 billion-pound ($33 billion) pile of debt.
A smouldering takeover battle to create a dominant global brewer ignited on Wednesday when a frustrated Anheuser-Busch InBev unveiled a �65bn bid to buy rival SABMiller only to be swiftly rejected by its UK-listed rival.
Doubts are building about whether American Apparel can stay in the U.S. - and in Los Angeles. Even after the company filed for Chapter 11 bankruptcy protection Monday, American Apparel Chief Executive Paula Schneider said management had no plans ...
Airlines and aircraft manufacturers keep coming up with wackier ideas for squeezing more people into airplanes. Remember the saddle-seat?
Shares of Freeport-McMoRan rose sharply Wednesday after the copper miner added two board members chosen by Carl Icahn. The activist investor and firms that he controls own an 8.8 percent stake in Freeport-McMoRan.