Alken Asset Management, the second-biggest shareholder of Jazztel, said it won't sell its shares to Orange unless the French company sweetens its €3.33 billion offer for the Spanish broadband provider.
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.
Recovery of the EU auto industry continued apace in the first eight months of the year, with new-car sales rising 6% to 8.3 million vehicles.
The new head of GM's Cadillac luxury brand says he intends to slash inventories of unsold sedans in the U.S., push to reduce the number of dealerships and expand the portfolio of models.
The Wall Street Journal talked with a variety of people about their outlook on the Chinese e-commerce company ahead of its potentially historic IPO.
Many retailers have stumbled implementing RFID tags for inventory control, but the Zara chain is working the system. The scale and speed of its rollout is drawing notice.
Two Microsoft directors announced they would leave by year's end as CEO Nadella gives the board its biggest makeover in history.
Plans to overhaul the international tax system to make it more difficult for companies to shift profits to low-tax countries remain on track.