SAP Profit Ascends on Cloud Growth, Lower Costs

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SAP Profit Ascends on Cloud Growth, Lower Costs

FRANKFURT—-Business software provider SAP SE SAP -0.34 % posted a 73% jump in net profit for the second quarter of 2016, boosted by lower restructuring costs year-over-year and cloud growth.
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BHP Billiton's Iron Ore Production Shows No Signs of Slowing

SYDNEY— BHP Billiton Ltd. BHP -5.06 % will tip more iron ore into the global market in the year ahead, as miners show few signs of holding back output of the commodity despite a worsening glut.
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Brexit Bulletin: When May Met Merkel

Sign up to receive the Brexit Bulletin in your inbox. It's a big day for Theresa May. At lunchtime in London she makes her debut at Prime Minister's
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Roger Ailes Is Negotiating His Departure as Chairman of Fox News

Roger Ailes started Fox News from scratch 20 years ago and built it into a critical profit center for 21st Century Fox. Credit Jim Cooper/Associated Press.
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Unilever Buying Dollar Shave Club

SAN FRANCISCO – Dollar Shave Club, a start-up built on the idea of inexpensive razors, has sold itself for a rich price. Unilever, the European consumer goods giant, said late on Tuesday that it had reached an agreement to buy the five-year-old company.
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