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Rolls-Royce denies UK media report over past Iran sales

British engineering company Rolls-Royce denied a report in The Guardian newspaper on Wednesday that it had in the past sold equipment to Iran by exploiting a series of loopholes in U.S. sanctions. “Rolls-Royce refutes any accusation that it has traded 'in secret' in Iran or that it circumvented U.S. sanctions,” said a Rolls-Royce spokesman in an emailed statement. “We conduct

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Rolls-Royce denies UK media report over past Iran sales

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Coke moves away from AB InBev with Africa bottling deal

By Philip Blenkinsop and Martinne Geller BRUSSELS/LONDON (Reuters) – Coca-Cola Co has reached a deal to buy Anheuser-Busch InBev's majority stake in their African bottling venture for $3.15 billion and hold onto it until it finds a new owner, the companies said on Wednesday. Coke said in October it would exercise a right to buy the stake formerly owned by SABMiller following SAB's…

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Coke moves away from AB InBev with Africa bottling deal

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U.S. mortgage activity edges up even as rates head higher

NEW YORK (Reuters) – U.S. mortgage application activity rebounded from its lowest level since January despite interest rates on 30-year fixed-rate home loans hitting their highest levels in over 2-1/2 years, Mortgage Bankers Association data released on Wednesday showed.

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U.S. mortgage activity edges up even as rates head higher