Business

Jaguar Land Rover (TAMO.NS) will "realign its thinking" on investment after Britain's vote to leave the EU and if Nissan gets a Brexit compensation deal then other automakers would need a level playing field, Britain's biggest carmaker said. Chief Executive...

Anheuser-Busch InBev S.A., the world's largest brewer, has agreed to pay $6 million to settle charges that it had violated U.S. foreign bribery laws and "chilled a whistleblower," the U.S. Securities and Exchange Commission said on Wednesday. An SEC investigation...

GlaxoSmithKline (GSK.L) has promoted a former Novartis (NOVN.S) executive to lead its consumer healthcare business, following the appointment last week of the unit's previous head, Emma Walmsley, as CEO designate of the drugmaker. The British group said on Thursday that...

OPEC agreed on Wednesday modest oil output cuts in the first such deal since 2008, with the group's leader Saudi Arabia softening its stance on arch-rival Iran amid mounting pressure from low oil prices. "OPEC made an exceptional decision today...

South African telecoms giant MTN on Wednesday denied an allegation that it had illegally repatriated $13.92 billion from Nigeria, saying the claim was without merit. Lawmakers in the upper house of Nigeria's parliament agreed on Tuesday to investigate the allegation...

SAN FRANCISCO, September 28, (THEWILL) - Blackberry has declared that would no longer be making handsets 14 years after releasing its first product saying it will outsource to other companies. This was revealed in a statement released by the company saying...

UBS Financial Services, a subsidiary of UBS Group AG (UBSG.S), has agreed to pay more than $15 million to settle charges it failed to adequately train its sales force about key aspects of certain complex financial products it sold...

The U.S. Securities and Exchange Commission on Wednesday said it would adopt rules to strengthen the regulatory framework for clearing agencies deemed systematically important or that are involved in complex transactions, such as security-based swaps. Clearing agencies act as a...

National Amusements Inc (NAI), the controlling shareholder of CBS Corp (CBS.N) and Viacom Inc (VIAB.O), is preparing to call on the two media companies to explore a merger, two people familiar with the matter said on Wednesday. NAI may contact...

The Federal Reserve is considering changes to the annual stress tests it gives U.S. banks to move to a more risk-sensitive, firm-specific approach that would raise capital requirements for big banks based on their test results, according to its...