Eight automakers said on Friday they are recalling more than 12 million vehicles in new recalls related to defective Takata air bags, according to documents posted by U.S. government regulators.
Adidas said it had agreed to sell U.S. sportswear seller Mitchell & Ness, resulting in a one-time gain in a the low to medium double-digit million euro range.
Valeant Pharmaceuticals International Inc received a joint takeover offer from Japan's Takeda Pharmaceutical Co Ltd and TPG Capital Management LP this spring that the Canadian drugmaker rejected, according to a source familiar with the matter.
Verizon Communications Inc is working on its bid for Yahoo Inc's core assets with an investment bank which was, as recently as last year, one of the U.S. internet company's top advisers, people familiar with the matter said.
Alibaba Group Holding Ltd , which disclosed it is under investigation for its accounting practices, has emerged as one of the short-selling community's favorite targets in the relatively short time it has been in the public market.
The newly appointed chief executive of Swiss bank BSI, which has been ordered to shut down over its alleged role in a massive Malaysian money-laundering scandal, insisted Thursday the current management was not implicated in the case.
U.S. regulators on Thursday launched an investigation into complaints by United States Steel Corp that Chinese competitors stole its secrets and fixed prices, in the latest trade spat between the two countries.
The euro pushed higher against the US dollar for a second day on Thursday even as odds appeared to rise for a Federal Reserve rate hike in the next few months.
Dutch electronics giant Philips set a price of €20 per share on Thursday, a day ahead of a highly anticipated IPO of its lighting arm, and said it was expecting to raise €750 million.
Oil prices topped US$50 a barrel for the first time this year on Thursday as the global supply glut shows increased signs of easing.