Italy's Versace agreed a deal with Blackstone on Thursday that will see the U.S. private equity firm take a 20 percent stake in the fashion house in a deal valuing the co ..
China's factory activity likely expanded only slightly in February, a Reuters poll showed, dropping to an eight-month low that would indicate a modest slowdown is continu ..
U.S. private equity firm Blackstone has signed an agreement to take a 20 percent stake in Italian fashion house Versace, in a deal worth 210 million euros ($287 million), a pe ..
The U.S. government's auto safety watchdog is investigating whether General Motors acted quickly enough to recall 1.6 million older-model small cars in a case linked to 1 ..
Tesla may be locating a massive Gigafactory in Texas for producing lithium-ion batteries and electric storage applications. ..
Boeing Co (BA) on Wednesday unveiled a smartphone that appears to come straight from a James Bond spy movie. In addition to encrypting calls, any attempt to open the casing of ..
Bank of America Corp (BAC) said it does not owe the U.S. government the $2.1 billion it is seeking in penalties after a jury found the bank liable for fraud over defective mor ..
BP had sought to block the payments after alleging that some individuals supposedly injured by the spill, clients of attorney Mikal Watts, did not exist. District Judge Carl B ..
Australian carrier Qantas Airways Ltd (QAN.AX) plans to cut 15 percent of its workforce, sell older jets and reduce capital spending after reporting a first-half loss amid gro ..
The path toward U.S. energy independence, made possible by a boom in shale oil, will be much harder than it seems. It will take 2,500 new wells a year just to sustain output o ..