Brazil’s biggest company and largest investor has been cutting back on spending and laying off thousands of workers pushing the country deeper down into its worst recession in years. Brazil’s leading, state-controlled oil company Petróleo Brasileiro SA (Pertobras) reported its largest ever fourth quarter...

Michael Pearson will be exiting just 21 days after reporting back from sick leave. Valeant Pharmaceuticals International Inc, a specialist drug-making...

Sainsbury’s is now awaiting the recommendation from Home Retail’s board of directors. Sainsbury’s Chief Executive, Mike Coupe, is confident...

Shares in FastJet dropped by 25% after the news was released. Fastjet, a low-cost carrier operating in Africa has issued yet another warning to its investors...

The 140-year old Japanese company has also verified that they are under investigation by the U.S. authorities for their U.S. facilities. Toshiba Corp.,...

Aldermore Group Plc, one of the U.K’s smaller challenger banks, said that their rate of loans has increased which has spiked their end of year profits for 2015 by 75 per cent. The share price of the bank has risen. On Thursday it was said by Reading, a U.K based bank, that Aldermore’s profit before tax, excluding costs which are connected to company’s primary...

GlaxoSmithKline CEO, Andrew Witty. Andrew Witty, the CEO of almost 10 years and who has spent more than 30 years in the company, has announced his intention...

Air India is just one of the airlines in the country that has plans to purchases more aircrafts. Aircraft producers, Boeing and Airbus anticipate that...

  Glencore has been under pressure due to the recent fall in commodity price. Glencore, the Anglo–Swiss multinational commodity trading and mining...

Bill Ackman believes the company is worth much more than its current stock market value. Pershing Square, the third largest shareholder of Valeant Pharmaceutical,...