Business

Nelson Peltz has resumed his call to break up PepsiCo Inc (PEP.N) less than a week after the maker of Pepsi-Cola and Lay's potato chips said it would not spin off its North-American beverage business. The snack and drink giant...

European chemicals and plastics makers are cutting in-house research and instead trying to persuade industrial customers to work together on developing running shoes, cars or electronics. Collaborating can cut millions of euros from research and development (R&D) budgets and translate...

Facebook Inc., the world’s largest social network, agreed to acquire mobile-messaging startup WhatsApp Inc. for as much as $19 billion in cash and stock, seeking to expand its reach among users on mobile devices. The purchase would be the biggest...

Asian share markets were in hesitant mood on Wednesday as investors keep a wary eye on interest rates in China, though the euro left the dollar in its dust after soft U.S. economic data argued for the Federal Reserve...

Vodafone (VOD.L) said on Wednesday shareholders would receive 0.026 shares in Verizon Communications (VZ.N) for each Vodafone share they own as part of their payout for the $130 billion sale of the group's stake in Verizon Wireless. The British company...

Standard Chartered Plc (STAN.L) is seeking buyers for a Hong Kong consumer finance business worth $500 million to $700 million, according to people familiar with the matter, as the Asia-focused lender sells off peripheral businesses. A sale would come after...

China's banks will have to increase their liquidity coverage ratio (LCR) to 100 percent by 2018 under new rules to take effect from March 1, the banking regulator said on Wednesday. The China Banking Regulatory Commission (CBRC) also reaffirmed its...

Hewlett-Packard Co's senior executives were aware of Autonomy Corp's accounting practices months before a whistle-blower flagged them, prompting HP to write down Autonomy, the Financial Times reported citing email records. Palo Alto, California-based HP has said it was a victim...

Japanese shares surged and the yen sagged on Tuesday after the Bank of Japan doubled loan programs aimed at stimulating bank lending and economic growth, while most other Asian shares were softer after solid gains in recent sessions. European shares...

China drew $10.76 billion in foreign direct investment (FDI) in January, up 16.1 percent from a year earlier, the Commerce Ministry said on Tuesday, a sign that confidence in the world's second-largest economy remains firm even as growth cools. The...