Germany’s Siemens will sell a majority stake in its VAI Metals Technologies unit to Japan’s Mitsubishi Heavy Industries, an Austrian newspaper reported on Saturday citing industry experts.
China aims to start building more than 7 million units of public housing this year, the Ministry of Housing and Urban.
BEIJING, (Reuters) – China will expand a trial programme to make it simpler for multi-national firms to transfer funds within and outside the country, in a move that will further open its tightly controlled capital…
General Electric boss Jeff Immelt is due in Paris on Sunday and is expected to meet France’s economy minister as he closes in on a deal to buy the global power arm of struggling French engineer Alstom, sources close to the matter said.
The U.S government on Friday filed criminal and civil charges accusing a former executive of insider trading in advance of eBay Inc’s
Wary of brokers who make their money by “riding the calendar” of new stock and bond issues rather than patiently building the firm’s wealth management business, Morgan Stanley is cracking down where it hurts the most: compensation.
It’s an online property marketplace for a very particular niche – aimed at people in China looking to buy real estate overseas. HONG KONG, (Reuters) – For some Chinese investors, the first step to…
Chinese investors in the U.S. real estate market are reportedly picking up high-end condos and residences in college towns like Manhattan NEW YORK/SYDNEY, (Reuters) – For the first time, the Chinese have become the…
Floating dock in Newcastle, UK NEWCASTLE, England, (Reuters) – Once the beating heart of European ship building, the north bank of Newcastle’s River Tyne is being turned into a manufacturing hub for the oil…
Turkey’s Capital Markets Board dismissed three deputy chairmen and 11 other senior members on Friday in a move that one source linked to purges in other state institutions since the emergence of a high.
Labour brought a machete to a gunfight with management in South Africa’s platinum belt. Small wonder it looks set to lose.
Russia’s central bank unexpectedly raised its key lending rate at a regular meeting on Friday, hiking the key one.
French private equity firm PAI Partners is to buy audiovisual services provider Euro Media Group (EMG) in a deal which one source familiar with the matter said was worth up to 200 million euros ($277 million).
Foxconn Technology Group will decide in October whether to proceed with a planned $1 billion manufacturing project in Indonesia after a new government takes office, a company source said on Thursday.
British defence contractor Chemring Group Plc said it would sell its European munitions business to France’s state.
Failed Bitcoin exchange MtGox, whose spectacular collapse hammered the digital currency’s reputation, is to be liquidated after a Japanese court ordered bankruptcy proceedings on Thursday, said a lawyer appointed to carry out the process.
European stock markets rebounded on Thursday as traders reacted to a string of earnings updates, data pointing to further easing of eurozone economic strains, and fresh takeover speculation.
The European Commission cleared on Tuesday Suntory of Japan’s $16 billion bid for the US maker of Jim Beam bourbon whisky.
8211; Auditors from the EU and IMF begin their final health check on bailed-out Portugal on Tuesday, a day before the country faces an acid test with a return to regular borrowing on…