Samsung Makes Next Restructuring Move

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In the latest of a series of restructuring moves among Samsung Group companies, the shipbuilding and engineering businesses of South Korea's largest conglomerate will merge.

Euro-zone Manufacturing Slows

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Italy has joined France in contraction, while German factories had their most sluggish month since September last year. By contrast, activity in Greece expanded, while Ireland's factories had their strongest month since late 1999.

Food Provider Seeks to Repair China Image

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OSI Group will let an arm of U.S. food-service company Golden State Foods manage one of its China plants in a bid to rebound from accusations that it sold past-due meat there.

Yuan's Fall Hurts Chinese Profits

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Chinese companies are reporting profit hits from the weaker yuan, after borrowing billions of dollars from the U.S., Hong Kong and elsewhere abroad—and the problem is likely to continue.

Areva Says Finnish Nuclear Reactor Ready in 2018

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A nuclear reactor Areva is building with Siemens in Finland is now estimated to start operations in 2018, nearly a decade later than originally planned, the French nuclear group said.

Heineken Sells Mexican Can Maker to Crown

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Heineken has sold its Mexican packaging business to Crown Holdings for $1.23 billion in cash, allowing the Dutch brewer to tighten its focus on beer and the U.S. group to entrench its beverage-can business in North America.

German Second-Quarter GDP Slip Confirmed

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Germany's economy contracted in the second quarter after a robust start to the year, the Federal Statistics Office confirmed, putting pressure on policy makers to move ahead with measures to boost the economy.

Australia to Step Up Russia Sanctions

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Australia will ratchet up economic sanctions against Russia in response to its military action in Ukraine, with Prime Minister Tony Abbott saying Moscow risked becoming an "international pariah."

China Queries Microsoft

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A Chinese antimonopoly agency said Microsoft Corp. should issue a written explanation covering what it called compatibility and bundling issues with Windows and Office software.

China Factory Output Slows

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China's economy sputtered on in August with manufacturing output slowing, according to two measures, as the effect of stimulus measures earlier this year fades

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