Business

Deutsche Bank (DBKGn.DE) and Barclays (BARC.L) led European bank stocks on Monday to their highest for nearly three years after regulators watered down new rules aimed at strengthening banks but which could have limited their ability to lend. Sunday's decision...

Suntory Holdings Ltd SUNTH.UL said on Monday it plans to buy Beam Inc (BEAM.N), paying $13.6 billion in cash for the shares to make the Japanese company the world's third-largest maker of distilled drinks. Including the assumption of Beam's debt,...

BMW (BMWG.DE) posted the smallest gain in December sales of Germany's top three premium-car brands as the battle with Audi and Mercedes-Benz DAIGM.UL for the luxury-sales crown is heating up. Deliveries at the luxury-sales champion rose 2.3 percent last month...

Investors looking for specifics as to the future of Acer Inc, the world's No.4 PC vendor, came away disappointed when the new CEO spent more time delivering a history of the company's past mistakes than on where it was...

The U.S. Justice Department is investigating export and import procedures at Honeywell International Inc after the firm included Chinese parts in equipment it built for the F-35 fighter jet, three sources familiar with the matter said. Reuters last week reported...

General Motors Co (GM.N) named a new chief executive, Ford Motor Co (F.N) kept its old leader and Chrysler Group LLC's CEO averted a divisive public offering. And that was just in the last 30 days. This year is shaping...

To look over the roster of racy new and future vehicles at the 2014 North American International Auto Show here, the initial impression is that U.S., European and Asian automakers want to turn back the clock to a time...

Mary Barra, the next CEO of General Motors Co (GM.N), sent a powerful message to colleagues last year when she challenged about 250 designers and engineers at GM's Vehicle Engineering Center - to a paper sailboat race. "She wanted them...

One of BP's attempts to curb payouts for what it says are "fictitious" and "absurd" claims related to the 2010 Gulf of Mexico oil spill has failed after a legal appeal was rejected by a U.S. court. BP had argued...

Total (TOTF.PA) is set to become the first major oil company to invest in Britain's nascent shale gas industry, boosting the industry's profile in a country seen as one of Europe's strongest prospects for unconventional oil and gas development. The...