Denmark's Danisco urged shareholders to accept a higher takeover bid from U.S. chemicals group DuPont on Monday as fund managers welcomed the decent offer and said it would likely succeed.
Greek Finance Minister George Papaconstantinou suggested on Monday that the EU and the IMF give Greece more time to repay its bailout funds, and at a cheaper rate, to allow it to exit its severe debt crisis.
U.S. stock index futures advanced on Monday following confirmation that Al Qaeda leader Osama bin Laden was killed by a U.S.-led operation in Pakistan.
Stock index futures pointed to a higher open for Wall Street on Monday following confirmation that Al Qaeda leader Osama bin Laden was killed by a U.S. .-led operation in Pakistan.
Japanese new vehicle sales in April halved, sinking to the lowest monthly tally on record, as domestic automakers felt the full brunt of the March 11 earthquake that caused unprecedented disruption to car production.
Danish food ingredients and enzymes maker Danisco's board of directors on Monday unanimously recommended that Danisco shareholders accept U.S. chemicals group DuPont's improved offer for Danisco.
The dollar rose from three-year lows, oil fell and world stocks put in gains on Monday after news Al Qaeda leader Osama bin Laden was killed by U.S. forces swept across thinly-traded financial markets.
Japan's government will not put a cap on the liabilities faced by Tokyo Electric Power Co <9501.T> for damages stemming from its crippled Fukushima Daiichi nuclear power plant, Chief Cabinet Secretary Yukio Edano said Monday.
Osama Bin Laden's death is being celebrated, and everyone seems to repeat the conspiracy theory that he was indeed the mastermind behind the terror attacks of 9/11. But that was never proven, and there is not even evidence hinting at such a connection according to the FBI. It is very well possible that completely different organizations than al-Qaeda were responsible for the planning and execution of 9/11, and that the latter were merely one of the involved parties.
Facebook Inc's business is growing faster than forecast several months ago and the firm is on track to top $2 billion in earnings before interest, taxes, depreciation and amortization in 2011, according to a report in The Wall Street Journal.
Final buyout bids for Warner Music Group are due on Monday and the company could be sold by the end of the week in a deal valued at over $3 billion, according to a person familiar with the matter.
The Obama administration is considering a plan to force more businesses to pay the corporate income tax, an industry group said, in an overhaul package that could be unveiled as early as this month.
Central bankers around the world are at different stages when it comes to combating price pressures, but all of them are keeping a close watch on wages for early warning signs of future inflation.
Major stock indexes are at multiyear highs but Wall Street does not seem to be running out of steam -- not just yet.
The majority of Greeks see privatizations as necessary to get the country out of its debt crisis, backing government plans to sell state stakes in its industries to help pay down the national debt, a poll showed on Sunday.
German chancellor Angela Merkel is hesitating to back the nomination of Italy's Mario Draghi as the next president of the European Central Bank because she wants several demands met in return, a magazine said on Sunday.
Infosys Technologies Ltd, India's No. 2 software services exporter, is on the hunt for acquisitions in Europe and Japan and in industries including healthcare and public services, its chief executive said on Sunday.
China's manufacturing growth slowed in April, a survey showed on Sunday, suggesting that the government's tightening efforts have weighed on the world's second-largest economy more heavily than expected.
Warren Buffett said he was wrong not to press David Sokol about purchases of Lubrizol Corp stock while his former top lieutenant was pitching the chemicals company as a possible takeover target for Berkshire Hathaway Inc.
Warren Buffett said he expects the Congress to raise the nation's debt ceiling before it expires in mid-May, and said it would be that body's most asinine act ever if it failed.
Warren Buffett said he had made a mistake by not asking more about David Sokol's purchases of Lubrizol Corp stock while his former top lieutenant was pitching the chemicals company as a possible takeover target for Berkshire Hathaway Inc.
Even as silver prices are hovering near their all-time record high, there are some investors who ardently believe prices will continue to go upward. And then, there are people who think it's realistically possible that silver will breach an unbelievable $100 an ounce!
Berkshire Hathaway Chief Executive Warren Buffett downplayed on Saturday the idea of a first-ever dividend for shareholders, as he opened his conglomerate's annual meeting for a crowd of tens of thousands of people.
Berkshire Hathaway Inc will report a significantly lower first-quarter profit, as one of the worst quarters ever for global catastrophes weighed on the company's insurance businesses, Chief Executive Warren Buffett said on Saturday.
Two German government advisers see a debt restructuring by Greece as inevitable while two of the overborrowed country's ministers continued to rule it out in newspaper interviews on Saturday.
Bank of Japan Governor Masaaki Shirakawa said on Saturday that the country's economic outlook was very severe and that the central bank would take appropriate action to support the economy.
Warren Buffett may be under fire from New York investment managers over a scandal involving one of his former lieutenants, but on his home turf his most loyal shareholders think he is doing just fine.
In a big win for business, the Treasury proposed on Friday to exempt commonly used foreign exchange swaps and forwards from new rules that have tightened oversight of other derivatives.
Microsoft Corp shares fell as much as 5 percent on Friday, a day after the software company reported a dip in its Windows operating system sales.
Microsoft Corp shares fell their most in almost two years on Friday, a day after the software company reported a dip in its Windows operating system sales.
