Espírito Financial Group SA, which holds 20% of Portuguese lender Banco Espírito Santo SA, has filed for creditor protection in Luxembourg, becoming the third company in the group to do so in less than two weeks.
McDonald's said it will continue to use a longtime meat provider in China, except for the Shanghai facility accused of selling expired chicken and beef. The decision underscores the difficulty in finding safe food suppliers in China.
Wal-Mart's U.S. chief, Bill Simon, who struggled to lift sales as it fought off competition from dollar stores and online retailers, will leave the company Aug. 8, the retailer said.
United Continental HoldingsInc. said its second-quarter profit surged 68% as passenger revenue climbed.
Newly finalized IASB rules on recording bad-loan losses will make U.S. and non-U.S. banks tougher to compare.
Nasdaq's second-quarter profit jumps 15%, topping analysts' expectations, as revenue from its increasingly diversified operations rise and trading volatility remains low.
The U.K.'s Serious Fraud Office brought criminal charges against a U.K. subsidiary of French power and transportation company Alstom SA over allegations of corruption.
Canon said its net profit jumped 22% in the April to June period thanks to surging sales of multifunction office devices and industrial equipment.
LG Electronics said its net profit rose sharply in the second quarter as its mobile business staged a turnaround on higher smartphone sales.
Hyundai Motor second-quarter net profit fell 6.9%, hurt by a stronger local currency and higher costs incurred for improving its U.S. market share.
Morgan Stanley agrees to pay $275 million to settle charges by the Securities and Exchange Commission that it misled investors in two residential mortgage-backed securities deals.
The European Central Bank said email addresses and contact data left by people registering for events at the central bank has been stolen.
New applications for unemployment benefits plunged last week, reaching an eight-and-a-half-year low and suggesting increasing strength in the labor market.
U.S. stock futures rose Thursday, getting a bid from positive Chinese and European economic data as well as corporate earnings.
GM reported an 80% drop its second-quarter net profit, with earnings hit by $1.5 billion in charges related to vehicle recalls and money set aside to fund a compensation plan for victims of accidents linked to defective ignition-switches.
Eli Lilly said its second-quarter profit slid 39% as patent expirations for some of its bigger-selling drugs dragged down revenue and volume.
Ricardo Salgado, former chief executive of troubled Portuguese lender Banco Espírito Santo, has been detained for questioning as part of a three-year money-laundering and tax evasion investigation.
Lingering geopolitical tensions kept Russian markets under pressure and, combined with relatively lackluster corporate earnings, offset the effects of upbeat Chinese manufacturing data on European markets.
German chemicals giant BASF said second-quarter net profit jumped 12%, boosted by its industrial and specialty chemicals division, despite a deteriorating global economic outlook and heightened geopolitical risks.
Standard Chartered issued a stern rebuttal of media reports that it had started succession planning for its chief executive and chairman amid pressure from investors.
The market for newly built homes weakened in the first half of the year, a development that's likely to impede economic growth and could hold back job creation in 2014.
The parents of American Airlines and United Airlines unveiled stock-buyback plans, continuing the transformation of the country's largest carriers from bankruptcy into some of the most profitable in the world.
American Airlines Group said it posted the highest quarterly profit in the company's history on increased revenue, and unveiled a capital deployment plan.
KKR & Co. said second-quarter profit surged, as the private-equity firm reeled in the highest cash profits from deals since becoming a public company.
Caterpillar said its second-quarter profit improved, despite a drop in revenue and weakness in its resources segment.
Ford Motor Co. said second-quarter net income rose 6% to $1.3 billion driven by a record quarter in North America, strong results in Asia and the first quarterly profit in Europe in three years.
Move could lead to the first sale of products by a U.S. aerospace company to the Islamic republic since 1979.
The world's No. 2 brewer SABMiller said sales and beer volumes rose steadily in the first three months of its financial year, buoyed by strong growth in Africa and Europe.
Finland's mobile-network maker Nokia said its expectations for 2014 have improved, as its financial performance in the latest quarter was helped by the sale of its handset business to Microsoft.
Unilever flagged a further slowdown in the emerging markets, even as first-half profit grew on the back of a number of disposals.