European privacy regulators fired a warning shot to Facebook’s WhatsApp and Yahoo, saying they sent letters to the companies expressing concerns about possible violations of the bloc’s data-protection rules.
Malta’s new central bank governor rejected claims that European Central Bank policy has fueled populism, saying Europe’s economies are healthier and less susceptible to extreme politics thanks to ECB intervention.
Anheuser-Busch InBev, in the midst of digesting its $100 billion-plus acquisition of SABMiller, cut its revenue growth forecast for the year after the world’s largest brewer reported weaker-than-expected third-quarter results.
British Airways parent International Consolidated Airlines Group issued a profit warning, cutting its earnings outlook after third-quarter operating profit fell 3.6%, weighed down by the sharp drop in sterling.
The consortium's decision to withdraw its offer paves the way for Australian mining billionaire Gina Rinehart and a Chinese conglomerate to emerge successful in their joint bid for the country’s biggest cattle empire.