Advanced Micro Devices said it would use its $1.25 billion settlement from Intel to reduce its debt coming due in 2012 by up to $1.4 billion.

ITV named former Asda head Archie Norman as its new chairman, ending a lengthy search beset with problems, and enabling the company to now focus on getting a new chief executive in place.

AMP Chief Executive Craig Dunn said the Australian wealth manager's $11.24 billion proposal to buy AXA Asia Pacific Holdings has to make sense economically.

Hopu is planning to invest around $1.2 billion in Minsheng Bank as part of the midsize Chinese lender's initial public offering.

Vivendi's €2.8bn ($4.2bn) takeover of GVT, the Brazilian broadband operator, failed to impress investors yesterday, sending the group's shares down nearly 3 per...