Hudson's Bay's challenges in putting together a firm offer are a blow to the ambitions of its majority owner and Executive Chairman Richard Baker, who built a retail ..
Volkswagen's luxury division Audi is recalling 681,000 cars in China to fix coolant pumps that could overheat, a spokesman said. The measure is part of a global recall af ..
LONDON/NEW YORK (Reuters) - David Harding, founder of one of the world's biggest hedge funds, on Friday defended his firm against Warren Buffett's criticism of hedge ..
Mexico-based homebuilder Desarrolladora Homex SAB de CV (HOMEX.MX) has agreed to settle charges it reported fake sales to boost revenues in what U.S. authorities said on Frida ..
Rupert Murdoch's planned takeover of European pay-TV group Sky is likely to be investigated to see whether it is in the public interest, the British government warned on ..
Two tools that the Federal Reserve heavily relies upon to predict U.S. inflation in fact provide little practical help, and the Fed would be wise to only modestly overshoot it ..
Deutsche Bank is expected to decide on strategy adjustments including a possible capital increase around the end of March following a regular supervisory-board meeting on Marc ..
"We have presented it to both the airlines what the airplane looks like, and it's in a very preliminary stage," Dinesh Keskar, senior vice president, Asia Pacif ..
Rupert Murdoch's Twenty-First Century Fox has asked EU antitrust regulators to approve its $14.4 billion takeover bid for European pay-TV company Sky , a filing on the Eu ..
ZURICH/LONDON (Reuters) - Nestle (NESN.S) and Coca-Cola Co (KO.N) have agreed to end their Nestea iced tea joint venture after 16 years and pursue separate strategies in the f ..
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