US private equity firm KKR is to sell its entire 12 per cent stake in Seven West Media. The decision to sell the stake, worth about $265 million, was announced after the close of the stock exchange on ...

Spain's top department store chain El Corte Ingles must restructure five billion euros ($6.5 billion) of debt, the company said Tuesday, citing economic conditions as Spaniards shop less in the recession. ...

Australian stocks have closed weaker as declines among the major miners dragged the broader market lower and snapped a two-day rally.

JPMorgan Chase shareholders Tuesday rejected a proposal to split the chairman and chief executive roles, handing bank chief Jamie Dimon a big victory. The shareholder proposal to split his two roles won ...

Mining giant BHP Billiton has been given until 2016 to go ahead with the expansion at the Olympic Dam mine in South Australia.

British mobile phone giant Vodafone on Tuesday reported a 90-percent plunge in annual net profit after taking a vast impairment charge relating to poor business in debt-laden eurozone nations Italy and ...

Apple denied Tuesday using "gimmicks" to dodge taxes as the tech giant came under attack from US lawmakers for using "sham" subsidiaries and "convoluted" strategies to shift ...

Apple denied Tuesday using "gimmicks" to dodge taxes and said it welcomes a review of US fiscal laws after a Senate investigation found it used offshore loopholes to save billions in taxes. Apple, ...

Federal Treasurer Wayne Swan has ruled out supporting any changes to the existing negative gearing arrangements. Shadow treasurer Joe Hockey has reportedly confirmed a coalition government's white paper ...

British luxury clothing and accessories maker Burberry said on Tuesday that annual net profits fell 3.4 percent after it took a large exceptional charge. Earnings after tax slid to £254.3 million in 12 ...

French food industry group Danone is ramping up its presence in the growing Chinese market for dairy products with two deals on Monday to tap sales of yogurt and health foods, the firm said on Monday. ...

French food industry group Danone announced on Monday tie-ups in China with the aim of establishing a strong position amid growing demand for dairy products in the vast Chinese market. Danone, a world ...

Food business Spring Gully is taking on extra staff to help cope with a boost in sales, as brand loyalty drives a financial revival. The South Australian pickles and spreads maker went into voluntary administration ...

Mannequins in riot gear, armoured cars and drones line a police equipment and "anti-terrorism technology" trade fair in Beijing as vendors seek to profit from China's huge internal security budget. ...

Morocco is ploughing ahead with a programme to boost wind energy production, particularly in the southern Tarfaya region, where Africa's largest wind farm is set to open in 2014. The kingdom, which has ...

Hong Kong saw its first electric taxis hit the streets on Saturday in a step towards reducing the city's high levels of roadside pollution. The 45 bright red cars were launched by Chinese electric vehicle ...