Foods behemoth Nestle has says its hollowed out sugar molecule can cut sugar content in products by 40%, promises sales by 2018.
Saudi Arabia and Japan's SoftBank are to team up to launch a huge technology investment fund to back cutting edge innovations.
New chief executive Marco Morelli has taken over at struggling Italian bank Monte dei Paschi di Siena which has to raise five billion euros to survive.
The US tax authorities say Facebook may have unfairly cut its tax bill by understating by "billions of dollars" the value of intellectual property it transferred to Ireland in 2010.
Royal Dutch Shell is to end oil and gas operations in up to 10 countries as it further reduces spending after the purchase of BG Group.
Japanese electronics maker Sharp has reported a huge net loss for the second year running, underscoring how difficult it will be for new owner Foxconn to turn the firm around.
BP has said it could reduce its capital spending further after reporting an 80 percent drop in profits in the first three months of the year.
India's Tata Steel has decided to sell its steel making operations in Britain, but will likely struggle to find a buyer amid falling prices and huge overcapacity in China.