AB InBev Makes Revised Proposal to Buy SABMiller

Anheuser-Busch InBev turned the heat up on SABMiller by going public with a proposal it has made to the world's second-largest brewer's board to buy it in a deal valuing it at up to $104.1 billion.

Bombardier, Airbus 'Business Opportunities' Talks End

Airbus and Bombardier said late Tuesday that talks between the two jet makers over possible "business opportunities" have ended.

Tesco Swings to Loss on Korea Costs

Tesco fell to an interim net loss as Britain's largest retailer incurred costs related to the sale of its Korean business but said it is regaining its competitive position in its home market.

Nokia Outlines Structure for Alcatel-Lucent Takeover

Nokia laid out management and organizational plans for the group as it prepares for the completion of its €15.6 billion ($17.6 billion) acquisition of French rival Alcatel-Lucent.

Chinese Startups Near Merger to Form $15 Billion Company

Meituan.com and Dianping are nearing a merger that would form a company with a combined value of more than $15 billion, creating the country's biggest online-to-offline provider of services.

Diageo, Heineken Exchange Emerging-Market Assets

Drinks companies Diageo and Heineken announced an exchange of emerging-market brewing assets in a deal that will result in a profit for Diageo of $671 million.

Samsung Sees Profit Rebounding

Samsung Electronics estimated its third-quarter operating profit rebounded sharply from a year earlier on robust sales of chips and displays used in mobile phones and other gadgets.

UAW Threatening Strike at Chrysler

The United Auto Workers threatened to strike Fiat Chrysler by Wednesday night, signaling a breakdown in efforts to salvage a labor deal widely rejected by members last week.

Formula One Could Be Sold This Year, Commercial Chief Says

Formula One commercial chief Bernie Ecclestone said Tuesday the motor sport series could be sold this year and there are three interested buyers.

TPG Raises $2 Billion in Real-Estate Fund

Private-equity giant TPG has closed its first high-risk real-estate fund, raising more than $2 billion in commitments at a time when big investors' appetite for real-estate risk is increasing.

SunEdison's Latin America Power Deal Fails

SunEdison Inc. won't complete its roughly $700 million planned acquisition of Latin American Power as the U.S. solar-energy producer's woes mount.

Medicines Co. Reaches Partnership Pact With Japanese Drug Firm

Medicines Co. reached a partnership deal with Tokyo-based SymBio Pharmaceuticals that the New Jersey company's president said provides potential for its first product to be marketed in Japan.

Yum Brands Cuts Outlook on China Woes

Yum Brands reduced its earnings outlook for the year because of the company's slower-than-expected recovery in China and lingering currency issues.

U.S. Steel May Idle Plant, Citing Market Conditions

U.S. Steel said Tuesday it is exploring consolidation of its North American flat-rolled operations and may temporarily idle steelmaking operations at an Illinois plant as it continues to struggle with demand.

(END) Dow Jones Newswires

October 07, 2015 03:51 ET (07:51 GMT)