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.
Bayer's quest to become the world's largest producer of seeds and pesticides has led it to raise the price it is willing to pay for US firm Monsanto to more than $65 billion.
Even as Airbus caught up with Boeing for orders for the first half of this year, combined orders for the world's two dominant planemakers fell 17 percent from the same period last year.
Consumer goods giant Unilever has reported better then expected Q2 sales. Swiss drugmaker Roche also beat market expectations.
Confusion over the launch of Pokemon GO in Japan has gamers angry and investors selling the shares of Nintendo.
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.
Finance minister George Osborne plans to cut UK business tax to less than 15 percent to try to cushion the effects of Brexit.
Rosneft's quarterly net profit fell by 75 percent as crude oil prices declined, but Russia's top oil producer also blamed heavy investment in the period.
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.
Two former employees of the accountancy firm PricewaterhouseCoopers (PwC) go on trial today in Luxembourg along with a French journalist. Antoine
The scandal hit car manufacturer Volkswagen looks set to dramatically reduce management bonuses.
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.
Taiwan's Foxconn is to acquire the struggling Japanese technology firm Sharp but after much wrangling which creates doubts on how well they will work together.
French media group Vivendi has raised its stake in Telecom Italia to 24.9 percent which gives it effective control of the company without the expense of taking it over.
Barclays is quitting Africa after almost a century of doing business there. The announcement came as it reported pretax profit last year was 5.4 billion pounds, down 2% on 2014.
2015 was a grim year for mining company and commodity trader Glencore with profit down by almost a third as prices for copper, nickel, zinc, iron-ore and coal slumped to multi-year lows.
HSBC has decided to keep its headquarters in Britain. The unanimous decision by the board of Europe's biggest bank rejected the idea of shifting to Hong Kong.
Deutsche Bank's shares recovered some ground on reports it is considering buying back several billion euros of its debt.
Danish shipping and energy group Moller-Maersk reports a loss of $2.5 billion for Q4 2015 as it writes down the value of its oil assets.
BMW reports a 7.5 percent rise in monthly car sales in January with increases in Europe and China and falls in the US as winter storms deterred buyers.
Barclays will cut about 1,000 jobs in investment banking worldwide as new Chief Executive Jes Staley wields the axe in a bid to reduce costs and boost returns.
The southern Italian city of Naples has been chosen by Apple for the first of a series of app development centres. The idea is to train app
French carmaker Renault is to recall more than 15,000 vehicles to undergo engine modifications to comply with emission standards.