When Warren Buffett took control of Berkshire Hathaway Inc. in the mid-1960s, it was a struggling textile manufacturer. After trying for years to revive its fortunes, he shutt ..
German sporting goods group Adidas (ADSGn.DE) hiked its guidance for 2016 sales and earnings a second time as it reported a 38 percent jump in quarterly underlying profit, cit ..
Barclays (BARC.L) reported a worse than expected 33 percent slump in pretax profits for the first three months of the year, as the lender followed its U.S. peers in reporting ..
Nestle (NESN.S) has struck a deal with Britain's R&R Ice Cream to form a joint venture that will sell ice cream and frozen food in over 20 countries, its latest attem ..
It was not immediately clear what a deal would mean for DreamWorks Chief Executive Jeffrey Katzenberg, the Journal said. DreamWorks spokesman Dan Berger declined to comment, w ..
Individual investors are angry about CEO pay, and they want their mutual fund firms to do something about it. Top money managers such as BlackRock Inc (BLK.N) and Vanguard Gro ..
Real estate is now a prime play for sovereign wealth funds as equity markets remain unpredictable, an expert on public asset ownership revealed. ..
Apple Inc's first-ever drop in quarterly iPhone sales has spurred Chief Executive Tim Cook to turn the spotlight on prospects for its services business, but the field is ..
The company's sales dropped by more than a quarter in China, its most important market after the United States, and it also forecast another disappointing quarter for glo ..
Mitsubishi Motors Corp's top two executives are likely to resign over the Japanese automaker's manipulation of fuel economy data, Japanese media reported on Wednesda ..