Finance ministers from the world's biggest economies warned of global uncertainty from Britain's looming departure from the European Union, as they gathered in China on Sunday.
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Britain's finance minister warned Brexit would cast a "shadow" over the world economy but said he was eyeing a free trade deal with China in interviews with the BBC and Sky News on Sunday.
Verizon Communications Inc will announce an agreement on Monday to buy Yahoo Inc for about US$5 billion, according to a person familiar with the matter.
General Motors is re-evaluating its planned US$1 billion investment in India and has put on hold moves to bring a new car platform to India as it re-assesses its strategy in the country, according to company officials.
Bankrupt U.S. teen retailer Aeropostale filed a motion against its lender, private equity firm Sycamore Partners, in bankruptcy court late on Friday, accusing it of plotting a "loan to own” scheme to push the chain into bankruptcy.
Dutch retail giant Ahold and Belgian rival Delhaize on Saturday said they had finalised their mega-merger after US regulatory authorities gave the union the green light.