Big Lots Inc. said its fiscal second-quarter profit topped its expectations as the company posted higher sales.
Independence Group NL, one of Australia's newest gold producers, says the stars are aligning for it to make new acquisitions—in zinc and nickel mines—as the shine comes off global commodity prices.
Finland's Angry Birds maker Rovio Entertainment has announced that its Chief Executive Mikael Hed is stepping down as of January next year.
China is weighing a new tax on gasoline to fund efforts to make electric cars more palatable to consumers, according to the chairman of electric-car maker BYD.
Tesco issued its third profit warning in as many years and said it would slash its interim dividend and reduce capital expenditure as the struggling grocery giant battles fierce competition.
PetroChina said its first-half net profit rose 4% from a year earlier after its refining business swung to a profit and its chemicals business narrowed its loss.
Google X said Thursday it is developing a system of drones to deliver goods. Rival Amazon.com Inc. is also testing delivery drones, and Domino's Pizza Inc. tested delivering pies via drone in 2013.
Amira Nature Foods posted stronger-than-expected earnings and revenue growth for its fiscal first quarter as the Dubai-based company continues to grow its basmati rice business in international markets.
As Alibaba courts investors for a highly anticipated IPO next month in the U.S., Wal-Mart is busy trying to win over online shoppers in the Chinese e-commerce company's backyard.
Ford Motor will measure global demand for the redesigned Mustang sports car to determine whether it adds a third shift to the Michigan plant where it is built.
The number of McDonald's restaurants shut down by Russia's consumer regulator continues to rise as tensions between Moscow and the West grow.
Six OSI Group employees were arrested in China, more than a month after authorities suspended the food company's operations, accusing one of its subsidiaries of selling expired food to fast-food companies.
Malaysia's state investor plans to spend up to $1.9 billion to revive Malaysia Airlines, which will cut staffing levels by 30%, as it tries to recover from the loss of two passenger jets this year.
Spanish telecommunications company Telefónica said it expects to complete the $9.82 billion acquisition of Vivendi's Brazilian unit, GVT, by mid-2015.
French luxury-goods company Hermès International warned that currency shifts will continue to drag on its full-year profit margin, even though it recorded a rise in first-half profit and sales.
Twitter plans to open an office in populous Indonesia in the next three to six months, an executive said, highlighting the importance of fast-growing emerging markets as the company seeks future growth.
Pacific Sunwear of California eked out a gain in sales for the latest quarter, led by growth in the teen retailer's men's division.
Johnson & Johnson plans to seek a buyer for a business that makes medical devices including stents and catheters, said people familiar with the matter.
Italian shoe firm Salvatore Ferragamo said its first-half net profit was down 6% compared with the year-earlier period, but revenue rose on gains in all regions.
PG&E's massive electric power substation that serves Silicon Valley in Northern California was breached for a second time.
The Chinese-backed company that bought Sweden's Saab Automobile out of bankruptcy filed its second petition for bankruptcy protection with a Swedish court.
Sprint Corp. will sell Sony Corp.'s next Xperia handset in the U.S. as part of a strategy to broaden its lineup of smartphone offerings to limit customer flight, a person familiar with the matter said.
Virgin Australia, reeling from a record annual loss, sold part of its frequent-flier business as it prepares for the next phase of a brutal battle for customers with Qantas.
Fiat said too few shareholders tendered their stock to block a reorganization that will create Fiat Chrysler Automobiles, a new company with a tax residency in the U.K.
Standard & Poor's says it is confident Australia's Senate will approve sufficient budget savings to bring about a meaningful repair of the country's fiscal position, which will support its AAA rating.
Virgin Australia sold a stake in its frequent-flier business to U.S. private-equity firm Affinity Equity Parners after the airline posted a deep annual loss.
Major seed companies don't plan to cut prices for the next growing season, despite sliding corn and soybean prices that are expected to dent U.S. farmers' incomes.
Dunkin' Donuts debuted its new dark-roast coffee, the first hot dark roast in its 64-year history, on Thursday at a Modesto, Calif., store, and plans to sell it nationwide starting Sept.
Air France's main pilot union Thursday called for a one-week strike next month to protest cost-cutting measures the airline is considering on cockpit crew in an effort to return to profit and counter budget-carrier competition.
As summer domestic box office sales fall 15%, movies like 'Transformers' and 'Spider-Man' can't make up the difference in China and other countries where studios earn much less from DVDs and TV rights.