Siemens expects a significant increase in profit at its infrastructure and cities division on restructuring and a clearer focus on high-margin contracts.
Germany's Merck KGaA aims to expand its specialty chemicals division with the $2.48 billion acquisition of U.K.-listed AZ Electronic Materials SA.
A week and a half after China suddenly asserted authority over a busy patch of airspace in the East China Sea, concerns are rising that Asia's territorial disputes could end up weighing on commercial air travel.
China Cinda Asset Management raised $2.5 billion in its Hong Kong initial public offering, the city's largest this year, backed by significant demand.
China Mobile signed a long-awaited deal with Apple to offer iPhones on its network, an arrangement that would give the U.S. technology giant a big boost in the world's largest mobile market.
Norman Rockwell's "Saying Grace," a painting that adorned the cover of the Saturday Evening Post in 1951, sold for $46 million at Sotheby's in New York, setting a record for the American Art category.
Intuitive Surgical warned customers last month that instruments used in its surgical robots can momentarily stall during procedures.
AT&T and T-Mobile US are considering bids for a block of spectrum licenses held by Verizon Wireless.
Qantas Airways forecast a steep first-half loss, potential asset sales and deep spending cuts that will include the axing of another 1,000 jobs.
High Definition: The Amazon chief's remarks carried three important public-relations payloads for his company and gave unmanned aerial vehicles a boost, Farhad Manjoo writes.