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UK productivity fails to pick up in second quarter



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Adidas to buy back shares worth up to 1.5 billion euros

FRANKFURT (Reuters) - German sportswear maker Adidas, facing investor discontent over its underperforming share price, announced a plan on Wednesday to buy...

Moet bets on bubbly in China with sparkling winery

France's Moet Hennessy is betting on China's taste for bubbly with the launch of sales this month by the first foreign‑owned Chinese...

News Corp makes $1 billion real estate bid

Rupert Murdoch's News Corp is spending more than $1 billion acquiring Move Inc, signalling its plans to be the US's biggest online real estate...

SoftBank considers stake in Legendary Pictures: Report

Japan's SoftBank Corp <9984. T> has been in talks to take a minority stake in privately held movie studio Legendary Pictures, entertainment...

Launching marketplace, eBay aims to drive consolidation in Russia

Internet auction site eBay intends to drive a wave of consolidation in Russia's e‑commerce...

ECB will seek whistleblowers, impose monitors on banks - Nouy

The European Central Bank's new banking watchdog will establish a whistleblower system to get tips...

Lufthansa long-haul pilots start 15-hour strike

Pilots on Lufthansa's long‑haul fleet have started a 15-hour walkout at the airline's main Frankfurt hub in a festering contract dispute.

Airbus seen set to win A350 certification on Tuesday

Airbus <AIR. PA> looks set to win European safety certification for its newest airliner, the A350, on Tuesday, people familiar with the plans said.

Swiss bank UBS warns of penalties as forex settlement talks begin

Switzerland's largest bank UBS warned it faced new fines after confirming it was holding talks to...