Sony in $760 million Olympus stake sale after investor Loeb’s prodding
Sony Corp is selling its 5% stake in Olympus Corp back to the Japanese medical equipment maker for 80.4 billion yen ($762.88 million), a move...
Germany welcomes U.S. readiness to talk with Iran, urges all to play their part
Germany foreign minister Heiko Maas said on Thursday that his country welcomed signs the United States was more willing to discuss the Iranian nuclear deal...
White House hopeful Kamala Harris to emphasize access for individuals with disabilities
U.S. Democratic presidential hopeful Kamala Harris will announce a plan on Thursday aimed at ensuring individuals with disabilities have equal access to job opportunities, education,...
Europe cheers Italy pact, bond bulls pause for breath
Signs that Italy’s latest political drama was over and hopeful noises from Beijing in the trade war pushed Europe’s share markets higher on Thursday and...
UBS hires former Credit Suisse star Khan as part of broader shakeup
Switzerland’s biggest bank UBS on Thursday appointed former Credit Suisse manager Iqbal Khan to co-lead its flagship wealth management business, as part of a broader...
Italy’s PD and 5-Star agree to form coalition
Italy’s 5-Star Movement and the opposition Democratic Party (PD) said on Wednesday they would try form a coalition, setting aside years of hostility to avert...
London mayor says firms must play by the rules as Uber faces license renewal
London’s Mayor Sadiq Khan said everyone must play by the rules when asked on Thursday about taxi app Uber’s London license, which is due to...
Papua New Guinea may shut Chinese-owned nickel plant after spill
A nickel processing plant owned by Metallurgical Corp of China (MCC) that spilled mine waste into Papua New Guinea’s Basamuk Bay faces compensation claims and...
Formula One releases record 22-race draft calendar
Formula One will have a record 22 races next season, a draft of the 2020 calendar released by the sport’s U.S.-based commercial rights holders Liberty...
Conte accepts president’s mandate to form new Italian government
Italy’s president asked Giuseppe Conte to head a coalition of the 5-Star Movement and opposition Democratic Party (PD) on Thursday, a move could that could...