Asian shares cheered by Brexit deal hopes, sterling shines
Asian shares took off on Wednesday and sterling held near six-month highs as Britain and the EU made headway on a Brexit deal ahead of...
Unizo says has not decided how to respond to Blackstone offer
Japanese hotel operator Unizo Holdings said on Wednesday it had not decided how to respond to a tender offer launched by private equity firm Blackstone...
Google, Reddit defend tech legal protections ahead of Congress hearing
A 23-year-old law giving technology companies legal protection from lawsuits over user-generated content remains critical to the internet’s future, Alphabet Inc’s Google unit and social...
U.S. prosecutors accuse Turkey’s Halkbank of scheme to evade Iran sanctions
U.S. prosecutors on Tuesday charged Turkey’s majority state-owned Halkbank with taking part in a multibillion-dollar scheme to evade U.S. sanctions against Iran – an indictment...
MGM to sell Bellagio, Circus Circus resorts for about $5 billion
MGM Resorts International said on Tuesday it would sell its Bellagio and Circus Circus resorts in Las Vegas in separate deals valued at about $5...
Buffett’s Berkshire seeks Fed leeway to boost BofA bet: Fed
Warren Buffett’s Berkshire Hathaway Inc is seeking permission from the Federal Reserve to boost its stake in Bank of America Corp above the 10% level,...
Alitalia gets qualified thumbs-up from Atlantia, state railways
Italian loss-making airline Alitalia won a commitment from toll-road operator Atlantia and state railways Ferrovie dello Stato (FS) on Tuesday to come to its rescue...
Nevada gaming regulators seek ban on Steve Wynn from state’s casino industry
Nevada gaming regulators are seeking a ban on former Wynn Resorts Ltd chief Steve Wynn from the state’s casino industry, citing allegations of sexual misconduct...
Wells Fargo reports falling profit as legal costs mount
Wells Fargo & Co reported lower profits on Tuesday as the bank braced for additional legal expenses tied to a scandal that erupted more than...
Fidelity criticizes money manager Fisher, who loses Philadelphia as client
Fidelity Investments on Tuesday said it was reviewing its relationship with money manager Ken Fisher and Philadelphia’s board of pensions said it terminated its business...