GM recalled 8.4 million more cars
GM recalled 8.4 million more cars manufactured between 1997 and 2014 mainly because of ignition switch faults. The US auto giant says it knows...
Global health spending rose, pharmaceutical expenditure fell
According to the OECD Health Statistics 2014 report, global health spending rose while pharmaceutical expenditure fell. Hospital and outpatient care spending in particular increased...
GlaxoSmithKline confirms receiving sex tapes
The UK’s largest pharmaceutical company GlaxoSmithKline confirms receiving sex tapes of its former head in China, Mark Reilly, and his Chinese girlfriend at his...
Nestle living wage commitment, UK and Ireland
A Nestle living wage commitment has been made by the Swiss food giant to its British and Irish employees, i.e. it will make sure...
Tui and Tui Travel merger agreement announced
A Tui and Tui Travel merger agreement has been announced by the two companies. German based Tui, one of the world's biggest tour operators,...
BP seeks a compensation return
BP seeks a compensation return from a “vast number” of firms that inflated the losses in their claims. The British oil and gas giant...
BNP Paribas settlement agreed
Has a BNP Paribas settlement been agreed? According to US and European media on Sunday, BNP has agreed to pay $8.9 billion and will...
DuPont lowers profit outlook
DuPont lowers profit outlook for Q2 and the full year 2014, adding that sales in its agriculture business have been disappointing, and to a...
Slim acquires AT&T’s America Movil stake
Carlos Slim acquires AT&T’s America Movil stake as the US telecom giant moves to avoid a conflict of interest after buying DIRECTV, an America...
ABB sells Meyer Steel Structures to Trinity Industries
ABB sells Meyer Steel Structures to Dallas-based Trinity Industries for $600 million in an all-cash transaction, as part of the Swiss robotics, power and...