AB InBev makes $104 billion bid for rival brewer SABMiller

BRUSSELS - Anheuser-Busch InBev , the world's largest brewer, launched an improved bid for SABMiller on Wednesday, offering just over 68 billion pounds ($104 billion) for its largest rival to extend its reach into Africa and other markets.

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Moody's maintains U.S. credit rating and stable outlook

NEW YORK - Ratings agency Moody's Investors Service upheld the United States' triple-A credit rating and stable outlook on Wednesday, but it noted potential longer-term threats to the rating.

8:07am EDT

Glencore calls on Paris climate summit to adopt coal policy

SYDNEY - Embattled miner and commodities trader Glencore Plc on Wednesday called on delegates meeting for a global climate summit later this year to adopt a policy that recognizes coal as an important energy source.

Airbus CEO Bregier says deliveries on target

TOULOUSE, France - Airbus is on track to meet its delivery targets this year despite delays at cabin suppliers, Fabrice Bregier, head of the European planemaker, told reporters on Wednesday.

5:28am EDT

Volkswagen, Audi say 90,000 Australia vehicles had emissions cheating software

SYDNEY - The number of vehicles sold in Australia fitted with devices designed to mask the level of emissions has risen to more than 90,000 from 77,000, to include the Audi brand, widening a global scandal that engulfed German automaker Volkswagen.

6:27am EDT

AirAsia's potential management-led buyout faces headwinds

KUALA LUMPUR/SINGAPORE - AirAsia founder Tony Fernandes may find it tough to take the budget airline private due to large funding needs as potential partners worry about a floundering Malaysian economy and a weak regional aviation market.


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