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.

 
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 

L'Oréal will lower prices of products imported into China, following up on Beijing's cut of import duties while aiming to deter a flourishing gray market.

 
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.

 
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.

 
Boeing Helps Export-Import Bank Fight for Survival 

Critics have referred to the U.S. Export-Import Bank as 'Boeing's Bank' because the government agency provides billions in financial backing to the aerospace company. The latest skirmish over the bank's future illustrates that co-dependence.

 
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.