Eight Italian banks are preparing to sell at least 8 billion euros ($11 billion) of stock to shore up their balance sheets, as nations shunned during the sovereign-debt crisis ... Read More
European aviation giant Airbus has signed a deal to supply 70 jets, worth more than $10bn (£6bn), to China’s state-owned purchasing agency. The deal had been on hold because ... Read More
Less than three months into her tenure as General Motors Co. chief executive officer, Mary Barra has more than recalls to worry about. GM shares are down almost 14 ... Read More
Citic Pacific Ltd. plans to sell about $4 billion of shares to restore its public float after absorbing assets from state-owned parent Citic Group Corp., people with knowledge of ... Read More
Spark Capital invested in Oculus VR Inc. in June after the firm’s partners bought the company’s virtual-reality goggles online. The bet ended in a 20-fold gain following Facebook Inc.’s ... Read More
A dramatic surge in interest from wealthy Chinese is threatening to overwhelm a U.S. program offering investors green cards in exchange for cash. The number of applicants is now ... Read More
The Walt Disney Co has agreed to buy Maker Studios, one of YouTube’s largest networks, for $500 million, a deal that makes Disney a major online video distributor and ... Read More
Oil prices rose back above $100 a barrel Monday as an oil spill in Texas closed a major shipping channel and continuing global tensions over the crisis between Russia ... Read More
U.S. stocks fluctuated as an index of manufacturing slowed while European shares snapped two days of gains amid concern the Ukraine crisis may escalate. The yen and gold weakened. ... Read More
Apple may have grand ideas about how to reinvent television, but for now, rather than attempting an end-run around the industry’s incumbents, it continues to seek partnerships with them. ... Read More
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