Lufthansa to Sell IT Unit to IBM

Related Link: 

Deutsche Lufthansa said it is close to selling its IT Infrastructure division to IBM and outsourcing its IT services to the technology company as part of a broader restructuring of its systems unit.

ABB Reports Slump in Q3 Profit

Related Link: 

ABB said third-quarter profit fell 12% but beat expectations, as the world’s largest maker of power grids cautioned that the global economic and political climate had created a murky outlook in the near term.

Heineken Hit by Wet Weather

Related Link: 

Dutch brewer Heineken said third-quarter profit fell 4.8%, with lower sales in Europe offset by growth in emerging markets.

Yahoo Posts Higher Sales, Earnings

Related Link: 

Yahoo reported a slight increase in revenue, helped in part by its growing mobile business, easing for now the pressure on CEO Marissa Mayer.

China's Shandong Zhaojin Hunting for Gold Assets

Related Link: 

Shandong Zhaojin Group, one of China’s largest gold producers, is in talks to acquire gold-mining assets in North America and Australia, Chairman Lu Dongshang said Wednesday.

BAT Hit by Weak European Economy

Related Link: 

British American Tobacco reported a big fall in nine-month revenue, blaming a slow recovery in Western Europe and pressure on the disposable incomes of consumers in all its big markets.

Luxembourg Tax Deals Under Pressure

Related Link: 

Confidential arrangements for multinational companies like Amazon and Fiat save taxes but now are under pressure from the European Union.

Total to Select New CEO on Wednesday

Related Link: 

Total is expected Wednesday to name a successor to CEO Christophe de Margerie, who died in a Moscow plane crash. He moved the company away from Europe’s aging oil fields to riskier, resource-rich nations.

Harvard Law Graduates Top Salary Survey

Related Link: 

At $201,000 a year, school’s alumni earn more than those of any other U.S. graduate school by the midpoint in their careers, according to a survey by online salary-information company PayScale.

Johnson & Johnson to Begin Testing Ebola Vaccine in January

Related Link: 

Johnson & Johnson said it would begin testing an Ebola-virus vaccine in humans in January and could have 250,000 doses available in May.

Syndicate content