Ryanair Profit Jumps

Ryanair's net income rose 66% in the financial year ended March and it expects the figure to rise further this year.

Samsung Heir Apparent Consolidates Power

Samsung Group moved closer to new leadership, with a merger of two major firms creating a company with revenues of $31 billion.

Hong Kong Shares Jump on Hopes for China Link

Hong Kong plays catch-up with the mainland after news China will launch a link allowing sales of funds on either side.

Julius Baer May Get Lighter U.S. Penalty

Julius Baer may face a lightened penalty from U.S. authorities for its alleged role in helping Americans evade taxes because the Swiss bank earlier tried to volunteer related information, according to people familiar with the matter.

UBS Withdraws From Australian Wealth-Management Business

UBS said it plans to withdraw from its Australian wealth-management business, leaving senior employees to strike out on their own following a management buyout.

L'Oréal to Lure China Shoppers with Price Cuts

French cosmetics giant L'Oréal will cut prices of products imported into China, following up on Beijing's cut of import duties on consumer goods.

AGL Energy Looks to Get Out of the Wind, Into the Sun

Rethinking strategies as electricity demand falls, Australia's AGL is selling its stake in the country's biggest wind farm and looking to get deeper into rooftop solar.

Goldman Sachs Shuffles Senior Asia Bankers

Goldman Sachs is relocating its Asia-Pacific ex-Japan investment banking head Matthew Westerman to London.

Charter Nears $55 Billion Deal for Time Warner Cable

Charter Communications is close to a deal for Time Warner Cable that would give cable-mogul John Malone the prize he has been chasing.

China Nuclear Firm Plans Biggest Domestic IPO in 5 Years

China National Nuclear Power Corp., one of the top two state nuclear-power giants, will raise as much as $2.16 billion in what is set to be the country's largest domestic initial public offering in five years.

Auditor Knew of Wal-Mart Mexico Bribery Allegations, Group Claims

A small shareholder group, CtW, says Wal-Mart's longtime auditor, Ernst & Young, knew about possible bribery in Mexico long before the company disclosed it to U.S. authorities.

Libor Case Comes to Trial

U.K. prosecutors are preparing to try to cast Tom Hayes, a former star trader at UBS and Citigroup, as the ringleader of a global conspiracy to rig interest rates in a trial that starts Tuesday in London.

U.S. Jets Escort Air France Flight Into JFK After Phone Threat

An Air France flight from Paris was escorted by U.S. Air Force fighter jets to New York's John F. Kennedy International Airport, one of 10 flights that received threats on Monday, an official familiar with the matter said.

Mexico City Cabbies Protest Against Uber

Hundreds of taxi drivers protested in Mexico City to demand that authorities crack down on the popular ride-hailing service Uber, which responded by offering free trips throughout the day.