SABMiller has agreed to sell itself to Anheuser-Busch InBev for $104bn (£68bn), in a deal that will be the biggest ever takeover of a British company.
Michael Horn, president and CEO of Volkswagen (VW) Group of America, will confirm he knew of the company’s emission rigging issues as early as spring 2014, according to a statement released ahead of a congressional inquiry on Thursday.
Profits at Tesco, Britain’s biggest retailer, more than halved over the first half of its financial year, crashing from £779m to £354m.
Anheuser-Busch InBev has gone public with an increased takeover proposal to buy SABMiller for $104bn (£68bn) in an attempt to put pressure on the UK brewer’s board to form a brewing giant producing a third of the world’s beer.
Ryanair has called on Google to take action to protect customers from booking flights with the airline at inflated prices on websites that it claims are masquerading as its own.
Volkswagen staff have been warned that all the company’s investments are under review as the carmaker faces a multibillion-euro bill from the diesel emissions scandal that has rocked the automotive industry.
PepsiCo delivered earnings and revenue that topped analysts' expectations on Tuesday, helped by higher sales of snacks and beverages in North America.
Ellen Kullman, chair and CEO of American chemical company DuPont , announced on Monday that she will retire from the company effective Oct. 16.
For over a decade, American Apparel was a byword for cool.
Rolls-Royce has announced up to 400 job cuts at its marine division, taking the number of redundancies at the struggling business to about 1,000 in the past five months.
Britain has fallen behind other European countries in efforts to get more women on to company boards, with research showing women occupy less than a quarter of all UK board positions.
Nearly 1,000 trade suppliers, from a Lanarkshire biscuit maker to a lighting company in Poole, could be left unpaid to the tune of £52m if a buyer is not found for BHS.