Stricken British bank Northern Rock (NRK.L) has received more rescue proposals, but warned that one of them contemplated an offer well below Tuesday's closing price, sparking a new slide in its shares on Wednesday.
Deutsche Telekom's T-Mobile will allow customers in Germany to buy Apple's iPhone without having to sign a T-Mobile contract after rival Vodafone obtained a court injunction against it.
Dubai raised almost $5 billion selling a stake in port operator DP World in the Middle East's largest IPO, setting the scene for perhaps the biggest test for the emirate's two-year-old bourse where the shares will trade.
Northern Rock shares fell over uncertainty about the bank’s price on Tuesday after a pair of suitors submitted bids for the embattled UK bank.
World stocks rebounded on Tuesday and the dollar fell sharply, hitting new record lows against the euro and Swiss franc, as speculation swirled that the U.S. Federal Reserve would meet to cut interest rates.
India's Strides Arcolab and South Africa's Aspen on Tuesday struck multiple deals -- three for acquisitions and a cancer drugs joint venture -- boosting Strides' shares 20 percent.
Deutsche Telekom's mobile unit T-Mobile is coming under fire from competitors over its exclusive sales deal for Apple's iPhone in Germany.
U.S. buyout firm JC Flowers submitted an offer for Northern Rock, according to a person familiar with the situation, as shares in the stricken British bank tumbled on fears that any offers will be low. JC Flowers' proposal includes an offer to Northern Rock shareholders at a nominal value, the person told Reuters.
Three major Chinese banks revealed have unofficially looked into acquiring a stake in UK-based Standard Chartered Bank, approaching Singapore's state investment agency for discussions about acquiring its 17 percent stake in the bank, according to a report.
Forget Paris, New York and Rome. The real home of gourmet dining is Tokyo, according to the new Michelin restaurant guide unveiled on Monday.
Temasek, the Singapore state investment agency, has rebuffed an approach from China's three leading banks for its 17 percent stake in UK-based Standard Chartered, a report said on Monday, sending shares in Standard Chartered more than 5 percent higher.
Britain said it may offer financial help to potential rescuers of Northern Rock, even though this would need to be approved by the European Union, as it emerged proposals put forward so far were pitched low. Northern Rock shares tumbled over 20 percent to a new low on Monday after the bank said interest from potential suitors valued it at materially below Friday's share price.
Saudi Arabia could order 24 Eurofighter Typhoon combat jets from BAE Systems for about 1.5 billion pounds ($3.06 billion), the Middle East Economic Digest (MEED) reported on Friday.
Mining giant BHP Billiton, whose multi-million-dollar takeover plan has been rejected by Rio Tinto's management, may consider taking an offer directly to Rio's shareholders in the future, BHP's chief said on Saturday.
British computer experts acknowledged defeat on Friday after a German amateur radio enthusiast won a challenge to crack secret messages encoded by a World War Two cipher.
Flush with cash and swaggering with world-beating valuations, firms are likely to settle for small stakes in big rivals.
Saudi Arabia is building up a special 35,000-strong rapid reaction force to protect its energy installations from attacks by militants targeting the world's largest oil exporter.
At least four bidders are set to submit plans for stricken bank Northern Rock on Friday but its future could remain uncertain for months as the British government gauges the political fallout of its options.
Rio Tinto is reportedly considering a counter-bid for BHP Billiton as a defense against a $140 billion takeover proposal from its bigger mining rival, but analysts said such a move was unlikely. Rio was considering a broad array of potential options to fight off BHP, including a so-called Pac-Man defense, selling assets and other moves that could raise shareholder value, according to reports
World stocks fell on Thursday while the dollar edged lower as a better-than-expected trading update by Barclays failed to wipe away broader credit concerns.
Oil drifted lower on Thursday ahead of U.S. government data expected to show a further fall in crude oil supplies in the world's biggest oil consumer.
Barclays Plc, Britain's third-biggest bank, unveiled a 1.3 billion pound ($2.7 billion) writedown for losses on securities linked to the U.S. subprime housing crisis, less than was feared. In a surprise trading update on Thursday, the Barclays Capital investment bank unit said it would write down 500 million pounds for the July-September quarter and 800 million pounds for October.