Amy M Thrasher

Airline easyJet PLC (EZJ.LN) said Monday that it has been informed by its non-executive chairman Sir Mike Rake that he has formally informed the Chairman of Barclays that he does not wish to be a candidate for the chairmanship of Barclays.

Swedish fashion retailer Hennes & Mauritz AB (HM-B.SK) won't raise prices in Spain to compensate for a planned value-added tax increase, a company spokesman tells Swedish business daily Dagens Industri Monday.

Commonwealth Bank of Australia (CBA.AU) is growing its lending to home buyers and small businesses in Indonesia by an annual rate of about 30%, highlighting the pace of economic growth in the developing nation, said the bank's Executive General Manager of Indonesia, Geoff Coates.

German car parts and tire maker Continental AG (CON.XE) said Monday it will sign a cooperation agreement to jointly develop and deliver battery technology for electric cars with South Korea's SK Innovation Ltd. (096770.SE), underscoring a broad trend in the auto industry to team up and share costs

French alcoholic beverage group Remy Cointreau SA (RCO.FR) has agreed to buy Scotch single-malt whisky distiller Bruichladdich in a transaction worth 58 million pounds ($90 million) as a first move into the fast-growing premium whisky market, it said Monday.

Dutch electronics major Royal Philips Electronics (PHIA.AE) posted a profit Monday as sales of all units picked up and a swingeing round of cost-cutting late last year started to take effect.

German car parts and tire maker Continental AG (CON.XE) said Monday it will sign a cooperation agreement to jointly develop and deliver battery technology for electric cars with South Korea's SK Innovation Ltd. (096770.SE), underscoring a broad trend in the auto industry to team up and share costs

Malaysia's Public Bank Bhd. (1295.KU) on Monday reported a marginal decline in its second quarter net profit to 952.7 million ringgit (US$301.5 million) from MYR954.9 million a year earlier after it re-stated higher earnings for the year-earlier period due to a change in accounting rules. Revenue

The next installment in the global patent infringement dispute between Samsung Electronics Co. (005930.SE) and Apple Inc. (AAPL) got under way here Monday in a trial that's scheduled to last for three months.

Norwegian telecommunications company Telenor ASA (TEL.OS) said Monday that it's subsidiary in Bangladesh, Grameenphone, has reported 2Q Ebit of NOK606M, from NOK617M.