Agrochemicals firm Syngenta on Friday rejected a $45 billion takeover offer from Monsanto, saying the offer undervalued the Swiss firm and did not fully take into account regulatory risks.
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Alibaba in talks to buy $1.2 billion stake in India phone maker Micromax: sources
Alibaba Group Holding (BABA.N) is in talks with India's Micromax Informatics (IPO-MINF.NS) to buy an about 20 percent stake in the smartphone maker, helping the Chinese e-commerce giant expand in one of the world's fastest growing markets for the devices, several people with direct knowledge of the matter said.
Oil on verge of weekly decline despite strong China imports
Crude oil prices edged down on Friday, set for their first weekly decline in more than a month as concerns over a global supply glut outweighed strong Chinese crude imports.
China April exports unexpectedly contract, import slide worsens, more stimulus seen
China's exports unexpectedly fell 6.4 percent in April from a year earlier, while imports tumbled by a deeper-than-forecast 16.2 percent, fueling expectations that Beijing will quickly roll out more stimulus to avert a sharper economic slowdown.
Alibaba has a new CEO, but it's still Jack's house
When Alibaba Group Holding Ltd's (BABA.N) eccentric founder Jack Ma stepped down as CEO two years ago, he declared "the Internet belongs to young people," and promised that most of the company's leaders born in the 1960s would soon retreat from management.
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World bond and stock markets rose on Friday after a bruising week and sterling jumped to a two-month high after the business-friendly Conservative party won Britain's national elections.
U.S. job growth likely rebounded last month and the unemployment rate probably dropped to a near seven-year low, signs of a pick up in economic momentum that could keep the Federal Reserve on track to hike interest rates this year.
European Commission President Jean-Claude Juncker said on Thursday he would not raise the possibility of Greece leaving the euro zone, in part at least due to the effect that would have on financial markets.
Oil prices tumbled 3 percent on Thursday as a resurgent dollar erased gains from the past two sessions, setting the market up for its first weekly loss in five.
U.S. stocks ended higher on Thursday, helped by a jump in tech stocks and a reversal in surging global interest rates.
Bright House Networks, the sixth largest U.S. cable operator, is preparing to abandon a $10.4 billion deal to be acquired by larger peer Charter Communications Inc (CHTR.O), according to people familiar with the matter.
Bombardier Inc outlined plans to list a minority stake in its rail unit on Thursday, as it reported a quarterly profit that topped market expectations. The initial public offering is expected to take place in the fourth quarter and the main listing is likely to be in Germany, where its rail business is headquartered.
New York Governor Andrew Cuomo said on Wednesday he would create a so-called Wage Board, a move apparently designed to allow him to raise the minimum wage without the approval of state lawmakers.
Emmeryville, a small city in the San Francisco Bay Area, has given initial approval to the nation's highest minimum wage by setting baseline pay at $16 an hour in 2019, with gradual increases leading up to that level.
