Private-equity firms are increasingly buying companies from each other, a shift driven in part by the relative simplicity of completing such acquisitions.
Coca-Cola can no longer lean on its foreign markets for reliable growth, which means it must turn around its U.S. business. That won't be easy, as Americans are drinking less soda.
Adidas issued a profit warning for the year and postponed targets for 2015, citing challenges at its golf business as well as risks surrounding consumer sentiment in Russia and the region.
Anheuser-Busch InBev reported that strong sales volume growth and cost cuts boosted net profit in the second quarter, driven in part by World Cup sales.
Federal Reserve officials delivered a modestly more upbeat assessment of the economy amid a second-quarter growth rebound and deepening debate inside the central bank about when to start raising interest rates.
Panasonic will invest in equipment and machinery for a battery joint venture with electric car maker Tesla Motors, but didn't say how much it will invest in the project.
The French pharmaceutical group has raised its earnings outlook as it reported a jump in second-quarter profit on a strong showing by its biotech unit and stronger sales of diabetes treatments.
The Anglo-Dutch oil group said that second-quarter profit more than doubled as it benefited from higher output of liquid petroleum and better prices for some products.
Telefónica reported a 4.9% rise in second-quarter net profit, as it booked smaller a depreciation of its fixed assets, offsetting another decline in revenue.
Companies selling TVs, sports drinks and snacks scored, but the makers of washing machines lost out.