Business Blog

June 28 (Reuters) - Nestle USA is recalling 10,000 packages of chocolate peanut butter ice cream that were incorrectly labeled as another flavor, putting consumers with peanut allergies at risk, the company said. A customer complaint resulted in the...

MILAN, June 28 (Reuters) - Italy's UniCredit CRDI.MI has reached a deal with unions to cut 2,400 jobs, the sector's main union FABI said on Saturday, in the first stage of workforce reductions foreseen in the bank's 2013-18 restructuring...

LONDON, June 28 (Reuters) - Two British ministers condemned on Saturday EU leaders who privately voiced concerns over the nomination of Jean-Claude Juncker as EU Commission President but voted for him at a summit in Brussels, with one calling them...

Foreign oil workers are returning to work at Algeria's In Amenas gas plant nearly a year and a half after the Islamist militant attack there that killed 40 people, a source at Algerian state energy company Sonatrach said.

(Incorporates SYRIA-CRISIS/BLAST) BEIRUT, June 28 (Reuters) - Islamist rebels waged a counter-offensive in Syria's border town of Albu Kamal on Saturday, challenging the grip of the Islamic State in Iraq and the Levant (ISIL) which has seized...

BP asks a US court to order a "vast number" of businesses to repay part of the compensation awards they were paid in the wake of the 2010 Gulf of Mexico oil spill.