FedEx Corp. said its fiscal first-quarter profit jumped 24%, as the package-delivery giant reported higher revenue in its ground, freight and express operations.
Family Dollar Stores advised its shareholders to reject Dollar General's tender offer, while again affirming its support for its deal with Dollar Tree.
Virgin Atlantic will use Illinois-based Gogo's new satellite-based system, called "2Ku," to provide in-flight high-speed Wi-Fi access.
The annual rate of inflation in the 18 countries that use the euro was unchanged at 0.4% in August, as the EU's statistics agency revised a previous estimate that recorded a decline to 0.3%
Swiss industrial pump maker Sulzer confirmed that it is in discussions with U.S. firm Dresser-Rand Group about a 'potential transaction,' following a news report about a possible merger.
Occidental Petroleum is in talks to sell at least one-fifth of its 24.5% stake in Dolphin Energy to Abu Dhabi-owned Mubadala Development, according to people familiar with the matter.
German airline Lufthansa said that it is advancing the restructuring of its short-haul operations through the purchase of new Airbus narrow-body jets while continuing to work on the revamp of some long-range operations.
Indian budget airline IndiGo signed an initial pact with Industrial & Commercial Bank of China Ltd to finance the purchase of more than 30 Airbus A320 planes.