IAG, the parent group of British Airways, announced Friday a slight rise in net profits in the first half, with performance impacted by BA suffering a massive computer crash.
Japan will raise tariffs on frozen beef from the United States and other countries from next month as an emergency measure due to increasing shipments, the government said Friday.
US coffee chain Starbucks has announced it will take full control of its mainland China outlets in a $1.3 billion deal, the largest single acquisition in the company’s history.
Touch became the last iPod standing on Thursday as Apple removed nano and shuffle stand-alone digital music players from its lineup.
The New York Times Co. said Thursday gains in paid digital subscriptions and stronger online advertising revenues helped the newspaper swing to profit in the second quarter.
British American Tobacco, fresh from its takeover of US peer Reynolds, reported on Thursday sliding first-half net profits, but sales jumped on the back of the Brexit-hit pound.
Germany on Thursday ordered luxury car brand Porsche to recall 22,000 vehicles across Europe over emissions test cheating amid a widening election-year scandal.
Amazon founder Jeff Bezos on Thursday became the world’s richest person, as a jump in the share price of the US tech giant enabled him to overtake Microsoft founder Bill Gates, Forbes magazine estimated.
Oil field services giant Halliburton will pay nearly $30 million to resolve allegations of bribery in Angola, US regulators announced Thursday.
French oil company Total said Thursday underlying profits gushed higher in the second quarter thanks to a recovery in the price of oil, with the company also benefitting from increased output.
Major Asian markets gained Thursday but the dollar struggled after the previous day’s losses when the Federal Reserve’s tepid inflation outlook fuelled speculation it will hold off further US rate hikes this year.