The king of beers is sizing up an even bigger crown. The world's largest brewer, Anheuser-Busch InBev, maker of Budweiser and Stella Artois, struck an agreement in principle on Tuesday to acquire its closest rival, SABMiller, for about $104 billion ...
JPMorgan Chase & Co, the biggest U.S. bank by assets, reported a 6.4 percent decline in revenue and profit declines in three of its four main businesses, underscoring how weak trading markets and low interest rates have hurt banks in recent months.
Jack Dorsey's new tenure as Twitter's CEO is off to quite a start: the company's cutting almost a tenth of its workforce.
When Bob Diamond resigned from Barclays in the wake of the Libor-rigging scandal three years ago, a deep gloom descended over the group's investment banking arm, as traders mourned the loss of their brash risk-taker in chief.
BEIJING Consumer inflation in China eased more than expected in September while producer prices fell for the 43rd straight month, adding to concerns over growing deflationary pressures in the world's second-largest economy.