Mondelez has already taken steps to boost its operational performance, including shutting factories and shedding businesses. "We suspect Mr Ackman's primary goal is ..
Apple Music rolled out with a three-month free trial period on June 30. Nearly 2 million people opted for the free trial family plan, which will cost $14.99 a month for up to ..
U.S. private equity firm Blackstone (BX.N) has joined forces with buyout fund Hellman & Friedman to bid for British payments processing company Worldpay, two sources famil ..
The Bank of England pointed to a possible rise in interest rates early next year after just one of its top policymakers backed an immediate move, as it forecast that the stren ..
AMC Networks Inc's shares fell as much as 14 percent despite the company's strong results, continuing a slide triggered by Walt Disney Co's forecast that sugges ..
Internet firms such as Cisco (CSCO.O), Google (GOOGL.O) and Amazon (AMZN.O) will be subject to a new EU cybersecurity law forcing them to adopt tough security measures and pos ..
Generic drugmaker Mylan Inc's (MYL.O) chief executive said on Thursday that acquiring Perrigo Co (PRGO.N) was not a must and that it had other options should Perrigo succ ..
BlackRock Inc (BLK.N) CEO Larry Fink is betting that a trillion points of data can help revive his firm's ailing stock-picking business. Investors have pulled $7.5 billio ..
Oil set multi-month lows on Thursday as investors and traders sought clues about the market's next bottom after a large drop in U.S. crude inventories failed to boost pri ..
Goldman Sachs joined the view that oil prices will remain "lower for longer" after forward prices, commodity currencies and energy equities reached levels not seen s ..