Business

An activist investor group said it is withdrawing a shareholder resolution that called for Bank of America to have an independent board chair, easing some of the pressure the bank faced after giving its Chief Executive Brian Moynihan the additional title of chairman last year.

The operator of McDonald's in Japan said on Wednesday it had found no link between a Thai plant and the plastic found in a chicken nugget earlier this month that sparked an uproar over product safety at the fast-food chain.

Swedish telecom equipment supplier Ericsson (ERICb.ST) on Wednesday said it has filed a complaint against Apple Inc (AAPL.O) over mobile technology licences, hitting back at the iPhone maker which sued Ericsson this month.