Dunkin' Brands Sales Fall Short

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Dunkin' Brands Group said second-quarter sales weren't as robust as expected, as bad weather and other consumer challenges weighed on the top line.

U.K. Brings Criminal Charges Against Alstom Unit

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The U.K.'s Serious Fraud Office brought criminal charges against a U.K. subsidiary of French power and transportation company Alstom over allegations of corruption.

EU Officials Mull Broader Russia Sanctions

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European Union ambassadors are meeting Thursday to consider a list of options for broader sanctions against Russia, including a ban on investments in all Russian financial instruments, an EU official said.

Starwood Hotels Lifts Guidance as Profit Rises

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Starwood Hotels Resorts Worldwide Inc. said its second-quarter earnings rose 12% on growth in its fees business, while the company raised its outlook for the year.

Iberia to Cut 1,427 Staff

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International Consolidated Airlines Group said its Iberia division has reached an agreement with trade unions for collective redundancies for pilots and ground staff, which will result in the loss of 1,427 jobs.

Canon Reports Solid Profit Jump

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Canon said its net profit jumped 22% in the April to June period thanks to surging sales of multifunction office devices and industrial equipment.

LG Dials Up a Turnaround

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LG Electronics said its net profit rose sharply in the second quarter as its mobile business staged a turnaround on higher smartphone sales.

Unilever's Emerging-Market Growth Slows

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Unilever flagged a further slowdown in emerging markets, even as first-half profit grew on the back of a number of disposals.

EasyJet Profit Forecast Disappoints

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EasyJet said it expects pretax profit to rise as much as 19% this year despite the impact on travel from turmoil in Israel, Egypt and Moscow, but the airline's shares dropped as the forecast fell short of analysts' hopes.

Qualcomm Profit Rises; Company Notes 'Challenges' in China

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Qualcomm's third-quarter profit rose 42% and the San Diego-based company on Wednesday also increased its full-year earnings outlook.

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