China Mengniu Dairy is buying a majority stake in smaller rival Yashili in an effort to bulk up its stake in China's scandal-tainted dairy sector.

Former KPMG LLP senior partner Scott London was arraigned here Monday in federal court, where a not-guilty plea was entered on his behalf, although he is expected to plead guilty once certain procedural matters are resolved.

The U.S. Supreme Court ruled that courts should give more scrutiny to pharmaceutical industry patent settlements that can delay the entry of generic drugs.

Airbus got a boost for its A380 superjumbo, as German leasing company Doric placed a preliminary order for 20 of the two-deck jets.

Thailand's government took a step toward revealing the full cost of its contentious rice-price support program, saying it had lost $4.4 billion on the subsidy from fall 2011 to September 2012.

Co-operative Bank said it would ask subordinated bondholders to take heavy losses in an effort to raise £1.5 billion ($2.36 billion) in fresh capital and stave off a potential collapse.

British prosecutors plan to file criminal fraud charges against former UBS and Citigroup trader Tom Hayes for allegedly trying to manipulate benchmark interest rates.

They hold out the promise of a big score—and pay generous distributions of income in the interim. But risks abound.

An increasing number of bank and financial-services clients are going paperless. So how do you store those important documents securely and reliably?