Global Markets Build on Gains

Related Link: 

Global stock markets were steady following a slight rebound in Chinese equities, but trading volumes were expected to remain thin and investors cautious ahead of a policy statement from the U.S. Federal Reserve.

Siemens, Bombardier in Talks on Train Merger

Related Link: 

German industrial conglomerate Siemens is in talks to combine its rail unit with Canada-based Bombardier’s train business, people familiar with the matter said.

Alibaba Plans $1 Billion Cloud- Computing Push

Related Link: 

Chinese e-commerce giant Alibaba plans to invest $1 billion in cloud computing globally, including data centers in the Middle East, Japan and Europe, as it seeks to challenge Amazon.com in Web services.

Nissan Profit Jumps

Related Link: 

Nissan Motor beat estimates to report a sharp 36% jump in its first-quarter net profit, backed by a weaker yen and strong sales of sport-utility vehicles in the U.S.

LG Electronics Profit Slumps On Stiff Chinese Competition

Related Link: 

The South Korean electronics giant posted a steep drop in second-quarter profits as it remains vulnerable to cheaper Chinese models of smartphones and TVs.

Nintendo Scores Profit, No Word on Successor to Iwata

Related Link: 

Nintendo swung to a first-quarter profit but didn’t provide an update on who will succeed Satoru Iwata, who died of cancer earlier this month, as president.

VW Profit Falls on China Weakness

Related Link: 

Volkswagen, Europe’s largest car maker by sales, said after-tax earnings slipped in the second quarter because of weakness in China and restructuring charges in its trucks business.

Wanted in China: Public Face to Calm Turbulent Markets

Related Link: 

Wanted in China: a reassuring face to tell panicking investors that everything will be all right.

Bayer's Profits Rise on Healthy Currency Effects

Related Link: 

German pharmaceutical group Bayer reported a 21% rise in net profit for the second quarter of 2015, boosted by favorable currency effects and earnings growth in all three business areas.

Total's Profit Shows Limited Impact of Oil Price

Related Link: 

French oil major Total said aggressive cost-cutting and an increase in oil output helped offset the fallout from the collapse in the price of oil on its bottom line.

Syndicate content