Private-equity firm Lion Capital said it's considering options for exiting the Dutch retail chain Hema, making it the third department-store chain in the Netherlands currently up for sale.

An influential proxy advisory firm recommended that Airgas shareholders vote for a slate of three board of director candidates put forth by Air Products as part of its $5.48 billion hostile bid for Airgas.

The Organization of Petroleum Exporting Countries kept its oil-demand forecast broadly unchanged, warning of weakening demand amid signs of an economic slowdown in industrialized nations.

The Bank of England's Monetary Policy Committee kept its key interest rate and the size of its bond buying program unchanged, as expected.

William Morrison Supermarkets said its first-half net profit fell 8% to $442.3 million and cautioned that the overall U.K. retail market remains challenging.

BP's internal investigation into the explosion of the Deepwater Horizon drilling rig found that the British oil giant bears some responsibility for the disaster but laid most of the blame on its contractors.

While big banks are showing signs of recovering from the financial crisis, the outlook is worsening for many of the country's smaller community banks.

The South Korean auto maker has invested $34 million over the past year developing the BlueOn, a lithium-ion battery-powered vehicle.

Toys "R" Us is opening 600 temporary shops this Christmas, making use of mall vacancies to double its number of stores during the holidays. Last year it experimented with 90 such stores.

Total acquired a 20% stake in Santos' natural gas joint venture for $799 million, an endorsement for the project but a disappointment for some Santos investors who expected more.

Monthly car sales in India surged to an all-time high in August as lower borrowing costs, introduction of new models and forthcoming festivals in an expanding economy lifted demand for cars.

Australia's competition regulator continued its opposition to National Australia Bank's proposed bid for wealth management firm rival AXA Asia Pacific.

West Africa, long known for its rich iron-ore resources, is getting an investment injection, but recent experiences by miners stepping into politically tricky terrain suggest the path to production won't be easy.

Stores may now be stocked with this fall's cautious camel and gray classics, but there are signs that bright colors and whimsy are about to return to fashion.

A cargo fire appears to be the most likely cause of the crash of a United Parcel Service jumbo jet last week in Dubai.

Spurred by its competitors, Brazilian aerospace manufacturer Embraer will decide by the end of the year how to proceed with the future of its successful commercial jet program.

Foster's dismissed a cash offer for its wine business from a private-equity firm and is pushing ahead with a plan to separate its beer and wine divisions.

Convenience store chain 7-Eleven has offered $40 a share, or $1.5 billion, to acquire smaller rival Casey's General Stores.

At New York fashion week, Zac Posen, Richard Chai, and others are launching runway shows for their secondary lines

Spanish-language TV network Univision passed a milestone, with its audience among people between 18 and 49 years old beating English-language rivals for what it said was the first time.