Nestlé SA said Thursday that it is exploring strategic options for its skin-health unit, the latest move by the Swiss packaged-foods giant to narrow its focus to food and beverages. Nestlé didn’t specifically say that the unit, which generated 2017 sales of 2.7 billion Swiss francs ($2.79...

Danske Bank A/S (DANSKE.KO) Chief Executive Thomas Borgen has resigned after the lender released the results of an internal investigation into its branch in Estonia, which found its employees may have colluded with customers making suspicious transactions. Danske Bank said its investigation...

The European Union's antitrust body on Tuesday said it has opened a formal investigation into "possible collusion" among Germany's main auto manufacturers to limit the development of technology that would reduce harmful car exhaust emissions. The European Commission, the bloc's antitrust...

Credit Suisse Group AG (CSGN.EB) must bolster its anti-money laundering processes after Switzerland's financial regulator said the bank fell short in its dealings with South American oil companies and FIFA, the world's top governing body for soccer. "Finma identified deficiencies in the bank's...

Turkey's central bank increased interest rates above expectations on Thursday, a move that could ease concerns over its independence from Turkish President Recep Tayyip Erdogan. The central bank increased its main policy rate--the one-week repo--to 24% from 17.75%, by 625 basis points. Earlier...

The European Union is proposing massive fines for online providers that aren't fast enough in removing terrorist content from their services, raising pressure on big tech firms like Facebook Inc. and Alphabet Inc.'s Google that have backed voluntary approaches. The bloc's executive arm Wednesday...

Topic of the day Hudson's Bay Co. said Tuesday it has agreed to sell and combine parts of its European business with Austria's Signa Retail Holdings, the latest in a series of sales by the Canadian retailer. Under the deal, Hudson's Bay will merge its European retail operations with Signa's...

Volkswagen could have to pay as much as $11 billion in damages related to its diesel emissions-cheating scandal if a German court sides with investors in a lawsuit that goes to trial next week. Meanwhile Volkswagen's earnings will be also burdened by a changeover to new stricter emissions rules...

Apple Inc. said proposed U.S. tariffs on $200 billion of Chinese goods would affect several of its products including the Apple Watch, hurting American consumers and putting the company at a competitive disadvantage. The tech giant told the Trump administration the tariffs hit "a wide range of...

The Australian Competition and Consumer Commission said Thursday that it is concerned the proposed merger between Siemens AG's (SIE.XE) mobility unit and Alstom SA (ALO.FR) could reduce competition in the supply of rail-signaling systems. A combined Siemens-Alstom would be the largest supplier...