An Airbus A321 is being assembled in the final assembly line hangar at the Airbus U.S. Manufacturing Facility in Mobile, Alabama.Michael Spooneybarger | ReutersAircraft leasing firm…
President Donald Trump acted to fire Federal Reserve Governor Lisa Cook in an unprecedented move that puts the central bank’s independence in question. Wall Street, however,…
The logo of British oil major BP.Sopa Images | Lightrocket | Getty ImagesFor weeks, market tongues have been wagging about a potential merger between Britain’s oil…
BP shares were whipsawed Wednesday as investors reacted to reports that the oil major might be acquired.BP shares jumped more than 10% to a session high…
Mediobanca is itself trying to fend off a hostile takeover by state-backed Banca Monte Paschi di Siena (MPS) as the Italian banking industry sees a wave…
Japan’s Seven & i Holdings, the parent company of the 7-Eleven convenience store chain, has named a new CEO and plans to sell billions in assets…
President Donald Trump on Tuesday evening said the United States “will take over the Gaza Strip,” and “we’ll own it.”Trump said that all Palestinians currently living…
Introduction: Royal Mail takeover by Czech billionaire ‘approved’Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy.The “Czech Sphinx”…
The insurance company Direct Line has accepted an improved offer from its bigger UK rival Aviva, in a deal valuing the business at £3.6bn.Aviva, the UK’s…
NBT Bank plans to acquire Amherst-based Evans Bank, shaking up the Western New York banking landscape.The estimated $236 million deal, which was announced Monday afternoon, is…