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ANZ Bank will make an investment of around $300 million in the Chinese market to back up its organic growth policy and swell its branch network.

Oil ratesdropped to new six-month lows below $93 per barrel on Wednesday in the Asian market after a report stated that U.S. crude supplies soared more than anticipated last week.

RBS’s (Royal Bank of Scotland) chief executive, Stephen Hester, is not being paid enough for his work, as per some of the taxpayer-supported lender's key stockholders.

Struggling dairy agriculturists have been admonished to expect a further 15-20% decline in the cost they are paid for milk in the novel fiscal year.

Aviva capitalists had become upset with the term of Andrew Moss and he endured a rowdy yearly meeting last Thursday.

Japan's leading chip manufacturer Toshiba Corp said that it anticipates a 45% increase in profits this biz year on Tuesday, encouraged by healthy demand for its flash memory chips utilized in blockbuster Apple iPhones.

Norwegian oil company Statoil ASA repeated its production estimation for the year on Tuesday after first-quarter oil and gas output surged more than projected and it registered a record quarterly profit well above analysts' estimations.

In advance of the CTIA Wireless trade show today, T-Mobile mentioned that its year-old Bobsled voice-over-IP and

Visa stated that its profit for the first three months of 2012 remained up by 30% as against the same period of last year, mainly because credit card utilization rose in the United States and abroad.

Morrisons registered a decline in sales as clients' disposable proceeds suffered from the effects of advanced oil and commodity rates.

Chrysler Group LLC, the largest gainer of U.S. market share through April, stated four facilities will skip normally planned two-week midyear shutdowns to meet up augmented demand.

Nokia’s outgoing Chairman Jorma Ollila assured a variety of novel products prior to a meeting on Thursday with stockholders who are increasingly losing patience with the firm's recovery attempts.

Procter & Gamble Co. stated that its third-quarterly net income dropped 16% as price growths and an uptick in income did not counterbalance lofty costs for raw material and others linked to a restructuring.

While Google has placed its new Google Drive cloud-storage service as one that straddles the consumer and biz room, those utilizing it for teamwork will probably getting the full benefit out of it.

Microsoft has rushed out a fix for a dangerous bug in its Hotmail webmail services. The bug permitted a hacker to rearrange the password for a Hotmail account, shutting out its possessor and providing the attacker access to the inbox.

Royal Dutch Shell hit estimations with an 11% increase in fourth quarterly profit, as higher oil rates outbalanced the impact of lower U.S. gas rates.

Chrysler Group LLC, the auto manufacturer governed by Fiat SpA (F), stated that its net income grew more than fourfold during the initial quarter as car models like the 200 and 300 sedans aided detain the industry’s largest U.S. market-share gain.

Caterpillar's first-quarter profit climbed up 29% and it furthered its viewpoint for the year as U.S. constructors replaced old gear and worldwide demand for mining equipment flourished.

Nestle is ready to get hold of Pfizer’s nutrition biz, sealing a bidding fight with a cash offer of $11.85 billion.

British fashion designer Victoria Beckham had her soccer-superstar hubby "David in mind" when assisting create a novel special version of Range Rover's off-road vehicle, the Evoque.

Large British pension funds and insurance firms are still proposing to vote in opposition to Barclays remuneration plan and the re-election of the chair of the remuneration group, despite pay reforms offered yesterday by the banking institution.

Astrazeneca has decided to get hold of Ardea Biosciences Inc. for around $1.26 billion to append experimental gout and cancer cures as it looks to refill its drug pipeline.

The Bank of Queensland (BOQ) has outlined its much-expected turnaround proposal after registering a $90.6 million first half loss.

IBM profit climbed up 7% to $ 3.1 billion during the first quarter income as the tech giant reported 10% higher income in the BRIC nations – Brazil, Russia, India and China.

Volkswagen's Audi division has decided to purchase thoroughbred Italian motorcycle manufacturer Ducati for around 860 million euros ($1.12 billion) comprising debt, two people acquainted with the matter.

Barclays boss Bob Diamond is reportedly confronting a 75% pay slash amid stockholder fears over bonuses and tax deals granted to the chief executive.

Scrip of Linc Energy zoomed over 30% after it set up a joint venture to create gas in China. Brisbane-based Linc is concentrated on making underground coal gasification (UGC) and gas-to-liquids (GTL) technologies.

Westpac will make a play for a bigger market portion in deposits, small-to-medium biz lending and wealth management as a policy to deliver income growth in spite of a rapidly slowing banking atmosphere.

Google has revealed proposals for a new class of shares in a move, which will permit its billionaire founders to retain long-term control of the company.

Fashion sales zoomed at John Lewis during the past week as deprived weather conditions drove shoppers into stores.

China’s financial system is likely to swell at 8.2% this year and 8.6% in the next year as domestic demand will continue to improve the globe's second-biggest financial system amid weak external demand.

Scottish Widows Investment Partnership (Swip) is ready to slash 23 jobs as it revamps its asset management biz.

Yahoo lastly gave staff a clue of its approach on Tuesday. In a note, Scott Thompson, the firm's new chief executive, told Yahoo's remaining 12,000 staff that he was revamping the firm into three sections comprising consumer products, geographic regions and technology.

AT&T Inc. on Monday stated that it decided to sell a majority equity stake in its Yellow Pages biz to the private-equity company Cerberus Capital for around $950 million.

Best Buy chief executive officer Brian Dunn suddenly resigned on April 10 after the beleaguered consumer electronics chain set up an internal probe into his personal conduct.