J.C. Penney plans to beef up its audits of factories in Bangladesh by requiring them for the first time to undergo structural and engineering inspections.

E.ON has made its first significant move in Germany's decentralized power market by agreeing to build four combined heat and power units for retailer Metro.

Eurasian Natural Resources rejected a takeover offer from a consortium of buyers that it said undervalues the business, and the U.K.-listed, Kazakhstan-focused miner has asked the consortium to make a revised offer.

The prime minister pledged action to encourage businesses to increase their spending as he seeks to turn recent improvements in the economy into sustainable growth.

India has significantly widened its control over drug prices, a decision that will make medicines more affordable for people but hurt the profit margins of pharmaceutical companies.

Pilot Flying J CEO Jimmy Haslam III asked a group of trucking industry officials to work with the truck-stop operator to settle diesel-fuel rebate claims instead of fighting it in court.

After pulling out of the European smartphone market in November due to tepid demand, Panasonic is now placing its bets on the competitive Indian smartphone market.

Microsoft shares hit a new five-year high this week, as growth in the company's online software business helped the stock break out of its mostly decadelong rut.

J.C. Penney lost $348 million in its first quarter on top of nearly $1 billion in net losses last year, as sales continued to slide. The results are the last to reflect former CEO Ron Johnson's stewardship at the retailer.