Business

Facebook has announced a "slimmed down" version of its Messenger app for countries where older smartphones and slower net speeds are more common. The company said Messenger Lite had the "core features" of the full app such as the ability...

EU antitrust regulators plan to order Alphabet's (GOOGL.O) Google to stop paying financial incentives to smartphone makers to pre-install Google Search exclusively on their devices and warned the company of a large fine, an EU document showed. The document, running...

Deutsche Bank will likely cast a pall over equity markets next week as the largest German lender navigates a possible multi-billion dollar settlement with the U.S. Department of Justice over the sale of mortgage-backed bonds. Deutsche shares traded in the...

Yahoo's disclosure that hackers stole user data from at least 500 million accounts in 2014 has highlighted shortcomings in U.S. rules on when cyber attacks must be revealed and their enforcement. Democratic Senator Mark Warner this week asked the U.S....

Deutsche Bank's (DBKGn.DE) chief executive sought to reassure his staff on Friday that Germany's largest lender remained robust after fears over its stability sent tremors through global financial markets. Deutsche, which employs around 100,000 people, has been engulfed by crisis...

Japanese automaker Mitsubishi Motors Corp (7211.T) will resume domestic sales of eight vehicle models on Oct. 1, the company said on Friday, after correcting overstated mileage readings in its second cheating scandal this year. Japan's sixth largest automaker has admitted...

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...