Moody’s has cut its oil price forecast for next year by $10 a barrel due to continued high levels of supply that may be heightened by the lifting of sanctions against Iran.
Royal Dutch Shell plans to cut about 2,800 jobs after its takeover of BG Group is completed early next year.
Activist investor Daniel Loeb has called for Dow Chemical to remove its chief executive Andrew Liveris, according to the Wall Street Journal (WSJ).
Less than two weeks after threatening to sue retail giant Amazon, a small town New Jersey mayor is backing off.
Caterpillar on Friday said Ed Rapp, a 36-plus-year veteran of the company and group president with responsibility for Resource Industries, is retiring as he battles with Lou Gehrig's disease.
Ford is to invest $4.5bn (£3bn) in electric vehicles over the next five years as part of a push by global carmakers to overhaul their product range.
Volkswagen has said the number of cars with irregular carbon dioxide levels is far lower than originally feared, providing some much-needed respite for the beleaguered German carmarker.
Anglo American has suspended its dividend and announced plans to cut its workforce by more than 85,000 as mining firms react to the plunging price of iron ore and other metals.
The WHSmith chief executive, Steve Clarke, has been given a 56% pay rise after the retailer enjoyed its best sales since 2002.
There’s never a dull moment in the world of Mike Ashley. The billionaire founder of Sports Direct, which reports half-year results on Thursday, is fighting battles on multiple fronts.
Opec struggles to speak with a single voice these days, so it was always a wobbly assumption that the cartel of oil producers would be able to agree a deal with non-members, such as Russia, to curb output.
Sainsbury’s is hiring 150 digital and technology experts to help improve its online store as it finalises the buyout of Argos.
Deputy Crown Prince Mohammed bin Salman has the world's ear after he elaborated on his plan for taking Saudi Aramco public.
Asda has reported another quarter of poor trading as like-for-like sales slumped 5.7% in the first three months of 2016.
AIG on Thursday posted quarterly profit that fell short of Wall Street expectations as adjustments to its workers' compensation business weighed on revenue.
Germany’s largest steelmaker ThyssenKrupp has cut its profit forecast as record Chinese exports have led to a global glut of steel and pushed prices lower.
Several Wal-Mart employees are up in arms following the company's decision to change its dress code to require a collared shirt and vest.
And let's him keep the lot.
The maker of Ferrero Rocher chocolates has agreed to buy Thorntons for £112m after the ailing UK confectioner suffered falling supermarket orders and announced the resignation of its chief executive.