Danone SA said Chief Executive Franck Riboud would step down from the job he has held for 18 years and be replaced by deputy Emmanuel Faber, as the company weighs strategic options to ensure its long-term growth.
The TV advertising market suffered a brutal spring and summer, as national marketers reduced their spending. Now, as the new fall season nears, media executives are betting that ad dollars will return. Ad executives aren't so sure.
The U.S. Federal Maritime Commission is unlikely to approve a proposed alliance between container-shipping giants Maersk Line and Mediterranean Shipping Co. before consulting with Chinese regulators, according to one of the agency's commissioners.
A regional court in Germany has imposed a nationwide ban on one of Uber Technologies' car-hailing services, posing a serious challenge to the company's ambitious expansion plans in Europe's largest economy.