LONDON (Reuters) - Whitbread plc said it would spin off Costa Coffee, Britain's biggest coffee chain, saying it could thrive as a separately listed business.
TOKYO (Reuters) - Asian shares fell on Wednesday as a rise in U.S. bond yields above 3 percent and warnings from bellwether U.S. companies of higher costs drove fears that a boom in corporate earnings may be near its peak.
XINXIANG, China (Reuters) - The bright lights of Beijing or Shanghai have never held much allure for Wu Tongxu, a 24-year-old civil servant earning a modest salary in the nondescript city of Xinxiang in China's central Henan province.
LONDON/NEW YORK/TOKYO (Reuters) - Rare disease drug maker Shire Plc said on Tuesday it was willing to recommend a sweetened $64 billion offer from Japan's Takeda Pharmaceutical Co to shareholders, in what could be the biggest acquisition of a drug company this year.
BEIJING (Reuters) - Ford Motor Co's Asia head said on Wednesday he hoped recent Chinese moves to relax ownership rules in the country's auto market would speed up regulatory approval for its electric vehicle joint venture with local firm Zotye Automobile Co Ltd .
(Reuters) - Japan's SoftBank Group plans to shift more than $20 billion of its investments in top ride-hailing companies including Uber Technologies Inc [UBER.UL], Ola, Grab and Didi Chuxing into its Saudi-backed Vision technology fund, the Financial Times reported on Wednesday.
SAO PAULO (Reuters) - Claudia Maria de Oliveira is leery of online shopping. But while browsing social media recently, the 49-year-old Brazilian spotted a bargain-priced sandwich press from local retailer Magazine Luiza SA.
TOKYO (Reuters) - Kobe Steel Ltd said on Wednesday that it is under investigation by Japanese authorities over its data tampering, widening a scandal that undermined faith in Japan's industrial sector last year.
SEOUL (Reuters) - General Motors and South Korea are considering increasing the size of their investment in the U.S. automaker's local unit from a previously proposed $2.8 billion, a senior government source with direct knowledge of the matter said on Wednesday.
WASHINGTON (Reuters) - U.S. President Donald Trump said on Tuesday a new North American Free Trade Agreement could be agreed on quickly, as Canada hailed progress on forging new rules for the auto industry, the pivotal issue in talks to revamp the 24-year-old accord.