Prime Minister Giuseppe Conte said on Thursday there were no plans to nationalize ailing Italian bank Carige, adding that a market solution to save the lender had to be found instead.
Billionaire entrepreneur Jeff Bezos will unveil plans on Thursday for missions to the moon tailored to the U.S. government’s renewed push to establish a lunar outpost in just five years, people familiar with the matter said.
India’s energy-to-telecoms conglomerate Reliance Industries Ltd said on Thursday it has acquired British toy retailer Hamleys.
Equity indexes around the world tumbled for a fourth day in a row on Thursday as U.S.-China trade tensions put investors on edge the day before U.S. President Donald Trump was due to raise tariffs on Chinese goods.
Facebook Inc co-founder and former Mark Zuckerberg roommate Chris Hughes called for the break up of the world’s largest social media network in an opinion piece in the New York Times on Thursday.
Occidental Petroleum chief executive Vicki Hollub was caught off guard when U.S. oil giant Chevron swooped in last month with a $33 billion offer to buy Anadarko Petroleum, the oil and gas exploration and production firm she had been wooing for nearly two years.
Wall Street fell more than 1 percent on Thursday, as tensions heated up ahead of a make-or-break U.S.-China trade meeting, which could lead to a prolonged dispute that would threaten global financial markets and economic growth.
Rome’s fragile government battled to avoid another costly bank bailout on Thursday after U.S. fund manager BlackRock ditched a proposed rescue of Italy’s Carige.
Chevron Corp abandoned its takeover bid for Anadarko Petroleum Corp on Thursday, outmaneuvered by Occidental Petroleum Corp’s higher, $38 billion offer that included more than three times as much cash.
PSA Group said on Thursday it was ready to consider potential tie-ups, after the French carmaker’s shares briefly rose on a report that it was in advanced talks with Tata Motors to acquire UK-based Jaguar Land Rover (JLR).
Chevron Corp abandoned its takeover bid for Anadarko Petroleum Corp on Thursday, outmaneuvered by a rival’s higher, $38 billion offer that included more than three times as much cash.
The chief executive of International Dairy Queen Inc is counting on the 79-year-old brand, owned by Warren Buffett’s Berkshire Hathaway Inc, to adapt to changing consumer tastes rather than latch onto the latest fad, while ensuring that rising labor and food costs don’t squelch its franchisees.
U.S. stocks tumbled on Thursday, with focus on a high-stakes meeting between the United States and China that could decide the fate of a long-awaited trade deal, even as additional tariffs on Chinese goods loomed.
U.S. wholesale inventories were a bit weaker than initially thought in March as sales increased by the most in 10 months.
OPEC is in the dark on the oil supply outlook for the second half of this year, with Iranian and Russian outages looking increasingly significant but Saudi Arabia reluctant to pump more due to fears of a price crash, sources in the organization said.
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