Business

IBM Corp missed revenue expectations for the fourth consecutive quarter as the world's biggest technology services company grappled with weakening demand for its servers and storage equipment, particularly in growth markets like China. As a result of the disappointing results,...

Motorola Solutions Inc, which makes walkie-talkies, rugged mobile computers and tablets, reported a 3 percent rise in quarterly revenue, helped by higher government sales. Net income rose to $343 million, or $1.31 per share, for the fourth-quarter ended December 31,...

McDonald's France (MCD.N) has confirmed tax inspectors visited its local headquarters but denied wrongdoing after French media reported it had transferred over 2.2 billion euros ($3 billion) abroad since 2009 to dodge taxes. The French arm of the U.S. hamburger...

Federal Reserve policymakers will likely leave intact their delicately worded easy-money message when they meet next week, despite a surprisingly sharp drop in U.S. unemployment that threatens to make a central part of that message irrelevant. Top Fed officials believe...

Consumer goods maker Unilever (ULVR.L) (UNc.AS) reported better-than-expected 2013 results on Tuesday, with an improved performance in emerging markets after currency devaluations earlier last year hurt demand. The Anglo-Dutch maker of Ben & Jerry's ice cream, Lipton tea and Dove...

China's Lenovo Group Ltd has resumed talks to buy International Business Machines Corp's (IBM) low-end server unit, a source familiar with the matter said, a purchase that would bolster its efforts to diversify beyond a shrinking PC market. A deal...

JPMorgan Chase & Co has stopped working on a Chinese firm's initial public offering amid an investigation by U.S. authorities into its hiring practices in China, people with direct knowledge of the matter told Reuters on Tuesday. It is the...

UniCredit (CRDI.MI) has sold some of the risk on a 910 million euro ($1.2 billion) portfolio of Italian project finance loans, freeing up capital for new lending and benefiting from growing appetite for such deals from specialist investors. The deal...

British engineering company Rolls-Royce (RR.L) is expected to make a public offer on the Finnish ship and power plant engine maker Wartsila (WRT1V.HE), a newspaper reported on Tuesday, citing unnamed investors. Rolls-Royce could offer at least 50 euros per Wartsila...

Anheuser-Busch InBev SA, the world's largest brewer, has agreed to buy South Korea's Oriental Brewery Co Ltd from KKR & Co and Affinity Equity Partners for $5.8 billion including debt, regaining ownership of a key Asian asset at a...