The beer has turned cloudy at the bottom of the bottle, but investors should drink to the SABMiller-AB InBev tie-up.
The Swiss bank turned in a second-quarter profit, but divisions including Asia stumbled.
Taikang Life Insurance Co. has disclosed a 13.5% stake in Sotheby’s, citing a “positive view” of the auction company’s prospects as well as potential interest in a board seat.
Business software maker Oracle agreed to buy NetSuite for $9.3 billion, a cloud computer firm whose largest investor is Oracle Chairman Larry Ellison.
SoftBank’s net profit for the fiscal first quarter rose 19% in its first earnings report since the Japanese company took the global semiconductor industry by surprise with a $32 billion deal to acquire ARM.
The number of Americans filing new applications for jobless benefits climbed last week, though the overall level remained consistent with a labor market that continues to expand.
Lower oil prices may delay – yet again – an expected pick-up in headline inflation.
Google and Facebook could learn the importance of focus from Yahoo, AOL and their ilk: Don’t try to be everything to everyone by copying, buying or mimicking the latest rival for users’ attention.
The German auto maker’s operating profit surged nearly 20%, but that was halved by charges, largely related to the company’s emissions-cheating scandal.
AIA isn’t a bargain, but the company remains on stable footing with or without China’s vacillating capital outflows.