BB&T Corporation said on Thursday it will buy SunTrust Banks Inc for $28.24 billion in an all-stock deal, creating the sixth largest U.S. bank based on assets and deposits.
Two Democratic U.S. Senators – one of whom is a presidential candidate – renewed their calls on Thursday for a probe by the Senate banking committee into Deutsche Bank laundering allegations, according to a letter seen by Reuters.
The industry ministry denied on Thursday a newspaper report that it planned to ban China’s Huawei Technologies and ZTE Corp from participating in the roll out of Italy’s 5G infrastructure.
Travel group Thomas Cook said it was willing to sell its profitable airline business to raise cash and fund its fight back from a torrid 2018 and signs of a tough year ahead.
World shares ground to a halt on Thursday as the dollar scored its longest winning streak since a hot run in early October that helped set off a wave of global ‘bear’ markets.
U.S. shared workspace provider WeWork plans to launch in South African later this year, it said on Thursday, a move that would mark the first African expansion for the $47 billion New York-based company.
The boss of Pernod Ricard said on Thursday that the priority of the French spirits group, which is under pressure from activist investor Elliott, was to create long-term value and added he had no plans to sell its champagne assets.
Renault is investigating a sponsorship deal with the Chateau de Versailles that included a 50,000 euro ($57,000)personal benefit to former chairman Carlos Ghosn, the carmaker said on Thursday.
Travel group Thomas Cook said on Thursday it was willing to sell its airline business to raise cash and fund its fight back from a torrid 2018 and signs of a tough 2019 ahead.
Italy will ban China’s Huawei Technologies and ZTE Corp from playing a role in the roll out of the country’s 5G infrastructure, Italy’s La Stampa newspaper said on Thursday citing sources.
One of the biggest sellers on Amazon.com Inc’s India website has returned after the online retail giant changed its business structures to comply with new federal e-commerce curbs that took effect last week, two sources told Reuters.
In June, the High Seas tanker ship loaded up on ethanol in Texas and set off for Asia.
Novartis AG Chief Executive Vas Narasimhan said his company’s prescription drug prices have been “flat to negative” over the last three years, and directed blame for high costs for U.S. patients on industry middlemen that manage drug benefits.
Asian share markets hovered near four-month highs on Thursday with Australian equities the star performer while the New Zealand dollar sank after disappointing jobs data prompted investors to narrow the odds of a future rate cut.
Volvo Cars, owned by China’s Geely, reported higher full-year revenue on Thursday, but said its profit margins had slipped and were expected to remain under pressure this year.
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