... * SAB rejects informal offer of slightly over 40 stg/share -report. * AB InBev has until Oct. 14 to launch formal bid. * SAB's underlying sales rise 6 percent in second quarter (Updates with report of SAB rejection).
The chief executive of beleaguered car giant Volkswagen has warned staff that changes at the company will not be painless, signalling that job cuts might lie ahead as the German auto maker deals with the biggest crisis in its history.
Jack Dorsey's future as chief executive of Twitter will ride on the answer to a single question: Can he persuade the world's Facebook-addled masses to take a fresh look at the bewildering 140-character messaging service that he co-founded in 2006, a ...
Deepwater Horizon Fire 2010 Boats battle a fire at the Deepwater Horizon oil rig in April 2010 in the Gulf of Mexico. Oil giant BP will pay out more than $20 billion to settle claims against it for the Deepwater Horizon oil spill in 2010.