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Business Series

Unilever and Roche results better than expected

Consumer goods giant Unilever has reported better then expected Q2 sales. Swiss drugmaker Roche also beat market expectations.

Business Series

Pokemon GO Japan launch delay angers gamers, hits Nintendo share price

Confusion over the launch of Pokemon GO in Japan has gamers angry and investors selling the shares of Nintendo.

Business Series

Facebook faces tax probe over transfer of assets to Ireland

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.

Economy

UK finance minister wants post Brexit business tax cut

Finance minister George Osborne plans to cut UK business tax to less than 15 percent to try to cushion the effects of Brexit.

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Business Series

Rosneft's quarterly net profit falls 75 percent

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.

Business Series

Cost cutting Royal Dutch Shell to halt operations in up to 10 countries

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.

Business Series

Sharp's losses widen, underscoring Foxconn's turnaround challenge

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.

Business Series

BP considers more spending cuts after 80 percent profit drop

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.

Luxembourg

Trial begins of 'LuxLeaks' whistleblowers

Two former employees of the accountancy firm PricewaterhouseCoopers (PwC) go on trial today in Luxembourg along with a French journalist. Antoine

Business Series

VW to slash board bonus package in the wake of emissions scandal

The scandal hit car manufacturer Volkswagen looks set to dramatically reduce management bonuses.

Business Series

Tata Steel wants to sell UK business, finding a buyer will be a problem

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.

Business Series

Foxconn to take over Sharp for reduced price

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.

Business Series

Bouygues-Orange deal 'on track'

France biggest telecoms operator, Orange, is reportedly making good progress on an agreement to buy Bouygues Telecom.

Business Series

Vivendi increases Telecom Italia stake

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.

Business Series

Barclays quits Africa as profit falls

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.

Business Series

Commodity markets rout slams miner Glencore's profit

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.

Business Series

London beats Hong Kong to keep HSBC headquarters

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.

Business Series

Deutsche Bank's shares get boost from bond buyback reports

Deutsche Bank's shares recovered some ground on reports it is considering buying back several billion euros of its debt.

Business Series

Oil write down hits Moller-Maersk profits

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.

Business Series

BMW enjoys bumper January sales

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.