Investors Squawk at Xstrata DealLarge shareholders of Xstrata came out against the company's plan to merge with Glencore International, highlighting what could be a difficult task selling the giant deal to shareholders and regulators.
RBS Chief Pondered ResignationStephen Hester, chief executive of the largely U.K. government-owned Royal Bank of Scotland, said he had considered resigning from the bank during the recent row over his bonus.
Nokia to Cut 4,000 JobsFinland-based Nokia said it plans to cut about 4,000 jobs at smartphone manufacturing plants by the end of the year.
Yahoo Shakes Up BoardYahoo said Chairman Roy Bostock and three other directors have volunteered not to stand for re-election to the company's board. The company named two new outside directors.
Airbus Checks to Be ExtendedEuropean aviation safety authorities are expected to issue a notice requiring all airlines operating the Airbus A380 superjumbo to get their aircraft checked for possible cracks in brackets inside the planes' wings, a person familiar with the situation said.
GM Seeks Deep Cuts at OpelGM is preparing to disclose "horrendous" fourth quarter losses at its European Opel/Vauxhall unit and is demanding deep cuts from labor unions there.
Nissan's Net Rises as Sales Offset Strong YenNissan Motor said its net profit rose 3.2% in the fiscal third quarter, as solid global sales offset the yen's surge.
Hawker Gets Restructuring AdviceHawker Beechcraft, which announced Tuesday it has hired a restructuring veteran as its chief executive, has also hired bankruptcy and restructuring lawyers, said people familiar with the matter.
Statoil Net Profit SoarsNorwegian oil company Statoil expects to spend $17 billion this year to develop its existing resources following a sharp rise in fourth-quarter net profit.
UBS Will Slice 60% From BonusesUBS said it will slash its investment-bank bonuses for 2011 by 60%, while the head of the unit will forgo any bonus following a trading scandal in September that cost the bank $2.3 billion.
Disney Profit Rises 12%Disney's fiscal first-quarter profit climbed as its ESPN network collected higher rates from cable-system operators and theme-park attendance and prices increased.
Thomas Cook Mulls India Stake SaleThomas Cook said it will consider selling its Indian foreign exchange and travel business as the U.K. tour operator reported a first-quarter loss.
Bharti Airtel Profit Drops 22%Bharti Airtel posted its eighth straight quarter of a lower net profit that also missed market expectations, as a surge in depreciation and tax expenses outdid gains from tepid call-traffic growth and higher tariffs.
Acer Sues Former CEOTaiwanese personal computer maker Acer said it has filed a lawsuit for breach of contract against its former CEO and president Gianfranco Lanci, who now heads the Europe, Middle East and Africa division at rival Lenovo.
How JetBlue Cracked BostonJetBlue Airways has become the largest carrier at Boston's Logan International Airport, where it was once refused admission, a turnabout aided by its flexible strategy.
BHP Posts Higher Revenue, Lower NetBHP Billiton reported a 5.5% drop in profit and said it expects volatility in commodity markets to persist given Europe's debt crisis and weakness in manufacturing and construction across key markets.
Hartford's Profit Slides as Lincoln National Swings to LossHartford Financial Services Group's fourth-quarter earnings fell 79% to $127 million, driven by investment losses and the rising cost of workers' compensation claims. Lincoln National swung to a loss as impairment charges weighed on the life-insurance and annuity company's bottom line.
Rio to Invest $3.4 Billion More in Australian Iron OreRio Tinto said a further $3.4 billion has been earmarked for the expansion of its iron ore operations in Western Australia, adding to the vast sums of money being invested in the remote, arid Pilbara region.
Apple Asked Standards Body for Patent RulesApple has asked a telecommunications standards body to set basic principles governing how member companies license their patents, an increasingly contentious topic.
Pyramid Cos.' Carousel Plan Rides AgainDeveloper Robert Congel's drive to create one of the largest malls in the country, in Syracuse, N.Y., is back in gear after almost being upended by the economic downturn and a nasty court battle with Citigroup.
Toyota Talks Up Despite Down QuarterToyota lifted its full-year net income forecast, but expects its earnings to come in at nearly half the level of last year, and below the profitability projections of its smaller Japanese rivals.
Times of London Apologizes to CourtJames Harding, the editor of the Times of London, acknowledged the newspaper misled a British High Court about a 2009 email hacking incident. He sent an apology to the court's judge.
Caesars Prices Offering at $9 a ShareCaesars priced 1.81 million shares of its stock at $9 a share to raise around $16.3 million, a small amount but one that opens the door for some investors to cash out.
Alcoa Reviews Australia SmelterAlcoa joined the ranks of international companies casting doubt on some Australian operations, after pressures including the high Aussie dollar prompted it to put an aluminum smelter under review.
Mexico's CFC Details Mobile DecisionMexico's antitrust agency confirmed that it rejected a proposed joint venture between broadcast and media company Grupo Televisa and mobile-phone operator Grupo Iusacell, but said the decision could change on appeal if the two sides address problems the deal would create in the TV-advertising market.
Tussle in China Over iPad NameProview Technology (Shenzhen) has filed for a temporary restraining order in a Shanghai court to stop Apple from using the iPad name in mainland China.
Illumina Rejects Roche OfferGene-sequencing company Illumina rejected a takeover bid from drug maker Roche, calling the Swiss company's offer inadequate.
Coke to Spend More on MarketingCoca-Cola plans to plow up to $650 million in new, annual cost savings back into supporting growth for its brands.
Arcelor Sees Tentative RecoveryArcelorMittal said it expects steel shipments to remain flat in the first half but that mining production will increase 10% as the company expands in the natural-resources sector.
Citi Shuffles Asia-Pacific ManagementCitigroup changed its senior management lineup in the Asia-Pacific region, which is an increasingly vital source of profit for the bank.
