Molson Coors Brewing Co. Chief Executive Peter S. Swinburn will retire at the end of the year, and the chief of the company's European operations will take over.
British Sky Broadcasting Group said it agreed to buy all of Sky Italia and most of Sky Deutschland from Rupert Murdoch's 21st Century Fox, for more than $9 billion.
Slower sales of baby food in China and dairy products in Europe saw Danone posting a drop in profit and sales for the first half of the year, but management is confident that better times are coming.
Anglo American more than tripled net profit in the first half of the year after slashing costs but suffered setbacks at its iron-ore and platinum divisions.
AbbVie Inc. said its second-quarter earnings rose as strong global sales of the drug maker's rheumatoid-arthritis drug Humira continued to boost results.
China's banking regulator approved the establishment of three private banks, with one green light going to Chinese Internet company Tencent Holdings.
Statoil's Chief Executive said the company had taken a write down on its U.S. onshore oil and gas operations as a lack of pipeline capacity is hindering it from selling its output to regions where it can fetch a higher price.
As the U.S. has imposed sanctions blocking credit to Rosneft, the Russian state-owned oil giant is looking at ways to minimize their effects.
LyondellBasell Industries said its second-quarter earnings surged to a record level as revenue jumped.
American Electric Power said its second-quarter profit rose 15% as revenue increased on rate base growth and rising sales in its transmission business.