COMPANIES

US banks under pressure from regulators to strengthen balance sheets by reducing exposure to high-risk businesses.

Banks are in talks with US regulators to settle claims of alleged unfair practices.

Sale part of GE's move to divest $100bn worth of financial assets under GE Capital by end of 2015.

Some with allergies to corn have abandoned product after switch, others say it makes icing 'gritty'.

Sundar Pichai has been installed as Google chief executive after a shake-up.

IBTimes UK ventures underground to see how Transport for London plans to reopen the station.

The MDC Partners/Nadal scandal shines a light on the enduring war between agencies and clients over money.

Investors reacted positively to Google's radical reorganisation claiming there will now be more transparency

In return, Suning would acquire a 1.1% stake in Alibaba as part of their strategic partnership agreement.

Baxalta's Ludwig Hantson reiterates proposal is 'wholly inadequate'.

Sales at Heinz fell by 4.9% to $2.62bn in second quarter, while sales at Kraft fell by 4.1% to $4.52bn.

Dutch company E-Njoint has developed a smokeless and flameless electronic cannabis vaporizer in the shape of a real joint..

Metal parts manufacturer Precision Castparts is being acquired by Warren Buffett

An M&A advisory service based in Silicon Valley has issued a controversial list of billion-dollar 'unicorn' companies that are seriously overvalued.

App-based start-ups backed by internet firms such as Alibaba and Tencent aggregate local restaurants, deliver food and offer discounted dishes.

Kyushu Electric Power will open reactor at Sendai facility.

Foxconn will invest $5bn over next five years in new plant in Pune in Maharashtra.

Company close to signing agreement to buy Precision Castparts, which makes aircraft components and energy-production equipment.

Company cites global challenges in resources sector among reasons for job cuts.

Current Twitter board consists of three former CEOs – Jack Dorsey, Ev Williams and Costolo – a rarity in corporate world.

Second-quarter results were impacted by lower investment gains and underwriting losses in insurance business.

The Indian-owned car maker has seen a slowdown in sales

Theme park operator has been sinking under the weight of mistreatment allegations.

The Employees Provident Fund Organisation (EPFO) will invest Rs 50bn in two exchange traded funds.

Profits slid 12% to £155.7m in the first half of 2015 after tax reforms to the gambling industry.

Springleaf Holdings, which is set to acquire unit, says deal would be delayed beyond third quarter.

Informatica has been delisted from Nasdaq after it was taken private in a $5.3bn buyout.

Activist investor is expected to pressurise Mondelez board to boost earnings or sell itself.

UK's Competition and Markets Authority could fine the companies 10% of their global turnover, if found guilty.