Coca-Cola and SABMiller have struck a new multimillion-dollar brand and bottling deal as the companies, two of the world’s biggest drinks makers, eye a bigger share of the African beverage market.
Rémy Cointreau said net profit fell 25% in the first half of its financial year as the French drinks maker continues to battle a slump in demand from Chinese consumers.
Toyota Motor Corp. says the recent case of a Takata Corp.-made air bag inflater exploding in Japan happened in a Toyota vehicle.
Wal-Mart Stores Inc. is cutting nearly 30 directors and midlevel managers in China, where the retailer is pushing to contain costs and improve slumping sales.
Many of Asia’s aging tech titans found that leaving the companies they founded or helped build is proving to be as difficult a task as building their empires.
GoPro is developing its own line of consumer drones to expand from its core business of making wearable video cameras popular with surfers and other sports enthusiasts.
Salesforce.com gave Chief Executive Marc Benioff a nearly 8% raise in salary and target bonus and awarded him stock options with an indicated value of roughly $33 million.
AT&T backpedaled from a threat to freeze the rollout of its ultrafast Internet service because of uncertainty around the government’s net-neutrality rules.
Standard General has agreed to give up some of its potential stake in a recapitalized RadioShack in exchange for four board seats, a move that could help the struggling electronics chain stave off a bankruptcy filing.
Real-estate investment trust American Realty Capital Properties Inc. said Wednesday that its board hasn’t yet determined when its annual shareholders meeting will take place.