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IBM to pay Globalfoundries $1.5b to take chip unit off its hands

 

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EU to fine JPMorgan, UBS, Credit Suisse over Swiss Franc LIBOR rigging

BRUSSELS (Reuters) - European Union antitrust regulators are set to fine JPMorgan <JPM. N>, UBS...

Harley-Davidson posts results that top expectations

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Raiffeisen set to pass stress test: CEO

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Narendra Modi moves to reform problem-plagued coal industry

India's government has pledged to open up the coal mining industry to private players in the energy‑starved country as Prime Minister Narendra...

China Mobile quarterly revenue falls for first time since at least 2009

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Spain's Ferrovial bids to buy Australian Transfield

Spanish construction giant Ferrovial offered 687 million euros ($875 million) to buy Australian firm Transfield Services, which rejected the bid as poor...

Mark Zuckerberg named to board of influential Beijing business school

BEIJING (Reuters) - China's Tsinghua University School of Economics and Management has added three...

Soft demand and one-off charges push Philips to third-quarter loss

AMSTERDAM (Reuters) - Dutch healthcare and lighting company Philips <PHG. AS> swung to a net loss...

Germany's Metro reports four percent fall in sales

German retail giant Metro AG on Monday reported a four‑percent decline in its yearly sales to 63 billion euros ($80 billion), largely because of a...