France Tells EDF to Switch On U.K. Nuclear Project 

French Economy Minister Emmanuel Macron urged state-controlled power utility EDF to make the final investment decision to go ahead with a $24 billion nuclear power project in the U.K. despite the country's vote to leave the European Union.

 
Rolls-Royce Results to Reflect Currency Swings 

Rolls-Royce said currency movements will provide less of a boost to its performance this year than previously forecast though the British engine maker is yet to take into account the slump in the British currency after the U.K.'s decision to leave the EU.

 
Banco Santander Backs Guidance in Effort to Allay 'Brexit' Concerns 

Banco Santander SA reiterated its financial targets for this year to head off deepening investor anxiety about the effect of "Brexit" on the Spanish bank's profitability.

 
GE Strikes Deals to Sell Most of U.S. Restaurant Finance Assets 

General Electric Co. has struck three agreements to sell the bulk of its U.S. restaurant loan portfolio as the industrial conglomerate continues to unwind its financial arm to focus on high-tech products, like jet engines and power turbines.

 
ZTE's Temporary Sanction Relief Extended 

The U.S. extended the temporary lifting of sanctions on ZTE, as the Chinese maker of telecommunications equipment tries to rebuild its reputation after being accused of trade-rule violations.

 
Japan WhatsApp Rival Line Sets Price Range for IPO 

Japanese messaging-app operator Line has set its price range for a potential $1.1 billion IPO in Tokyo and New York next month at $26.50 to $31.50 a share.

 
Lyft Hires M&A Banker Qatalyst Partners 

Ride-hailing startup Lyft has hired Qatalyst Partners, the boutique investment bank best known for helping tech companies find a buyer, according to people familiar with the matter.

 
Nestlé Taps Schneider as Next CEO 

Nestlé SA said it has tapped Ulf Mark Schneider, chief executive of Fresenius Group, as its new CEO starting Jan. 1.

 
Airbnb Sues San Francisco Over New Law 

Airbnb has sued San Francisco in federal court in an attempt to block its home city's plan to fine the company for unregistered apartment rentals.

(END) Dow Jones Newswires

June 28, 2016 06:08 ET (10:08 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.