Walt Disney’s $71.3-billion offer to buy Twenty-First Century Fox Inc’s entertainment assets won approval from the European Commission on Tuesday, subject to Disney selling interests in factual TV channels in Europe.
U.S. stocks ticked higher in thin trading on Tuesday, supported by strong earnings and a rebound in technology stocks from a two-day selloff, while investors braced for the outcome of U.S. midterm elections.
Bitcoin has experienced one of its worst annual price performances of its short 10-year-old life but also appears to have become more stable in the process.
Wells Fargo & Co said on Tuesday an internal underwriting error had caused it to reject home loan modifications, resulting in the bank foreclosing more homes than expected.
Thomson Reuters Corp is looking to make “substantive” acquisitions to boost its legal and tax units after selling a majority stake in its financial terminal business, Chief Executive Jim Smith said on Tuesday.
German prosecutors searched the Munich offices of fund investor Blackrock on Tuesday in connection with an investigation of dividend stripping trades, a person with knowledge of the matter told Reuters.
U.S. stocks opened flat on Tuesday as investors awaited the outcome of U.S. midterm elections that could shape the future of Donald Trump’s presidency and test his tax and trade policies.
Airbus staged a maiden fight of the upgraded A330-800 jetliner on Tuesday, hoping the key milestone will boost the fortunes of a variant that has failed to make headway against newer types.
A European Union plan to tax big internet firms like Google and Facebook on their turnover was on the verge of collapsing on Tuesday after several EU governments rejected it and announced national initiatives instead.
Thomson Reuters Corp is looking to make multiple acquisitions to boost its Legal and Tax & Accounting units after selling a majority stake in its financial terminal business, Chief Executive Jim Smith said on Tuesday.
U.S. stocks were on track to open slightly lower on Tuesday, as investors awaited the outcome of U.S. midterm elections that could shape the future of Donald Trump’s presidency and test his tax and trade policies.
CVS Health Corp’s third-quarter profit beat analysts’ estimates on Tuesday, as it benefited from higher sales of prescription drugs as well as consumer health and beauty products.
Iran said on Tuesday it had so far been able to sell as much oil as it needs despite U.S. pressure, but urged European countries that oppose the U.S. sanctions to do more to shield Iran.
European automakers BMW and Volvo plan to experiment with steel contracts to be launched by the London Metal Exchange early next year, a move which could eventually change the way the industry hedges and prices contracts, industry sources said.
Eli Lilly and Co recorded higher sales of its newer drugs Trulicity and Taltz in the third quarter, helping the diabetes specialist top Wall Street profit estimates and raise its yearly earnings target on Tuesday.
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