EE Confirms BT Talks

EE said it is in exploratory talks with BT Group, in a move that could lead to the combination of the U.K.'s biggest fixed-line operator and largest mobile operator.

Justice Department Probes Possible HSBC Leak

The U.S. Justice Department is said to be investigating allegations that an employee of HSBC Holdings leaked confidential client information to a major hedge fund.

Litigation Funder Considering Funding Claims Against Tesco

Litigation funder IMF Bentham and U.S.-based investment adviser Elliott Management are considering funding claims of some shareholders in Tesco, which has come under fire for actions that led to a $413 million overstatement of its forecast fiscal-first-half profit.

Thomas Cook Shares Plunge as CEO Departs

Shares in Thomas Cook dropped over 20% as the travel company announced the surprise departure of Chief Executive Harriet Green after just two years in the job.

Samsung to Buy Back Shares

Samsung Electronics said it would buy back $2 billion of its shares, its first such move in seven years, as it deploys some of its $60 billion cash hoard to shore up its flagging share price.