Exclusive: Buyout firm Apollo Global in the lead to acquire Shutterfly
Private equity firm Apollo Global Management LLC is in the lead to acquire Shutterfly Inc after making the highest offer for the digital imaging company,...
United Technologies, Raytheon to create $120 billion aerospace and defense giant
United Technologies Corp agreed on Sunday to combine its aerospace business with U.S. contractor Raytheon Co and create a new company worth about $121 billion,...
Nissan CEO got higher stock-linked bonus after payout date changed, former director Kelly says
Nissan Motor Co Ltd Chief Executive Hiroto Saikawa was granted an exception in 2013 to reschedule a stock-linked bonus that bumped up the payout by...
China’s Fosun holds talks to buy Thomas Cook’s main holiday business
The world’s oldest travel company Thomas Cook edged closer to a break up on Monday after its biggest shareholder, China’s Fosun Tourism, made a preliminary...
Renault rift with Nissan widens over governance, casts shadow on alliance
The two-decade-old partnership of Renault SA and Nissan Motor Co was plunged into fresh crisis on Monday, as the French automaker’s demand for a greater...
Oil steady with supply tight, but U.S.-China trade war threatens demand
Oil prices were steady on Monday as U.S.-China trade tensions continued to threaten demand for oil, but tight crude supply and the swift end to...
Thomas Cook in talks with China’s Fosun over tour operator sale
China’s Fosun Tourism has made a preliminary approach to Thomas Cook to buy its tour operator business, sending shares in the struggling British travel group...
Oil rises on supply cuts, but weak economy holds market back
Oil prices rose on Monday after Saudi Arabia said producer club OPEC and Russia should restrict supplies to current levels, while Washington’s withdrawal of a...
Renault, Nissan spar over governance reforms as tie-up strains worsen
Renault has signaled it will block alliance partner Nissan from adopting planned governance reforms unless the French automaker gets more say in the new system,...
Exclusive: FCA-Renault revival may hinge on Nissan stake cut – sources
Fiat Chrysler Automobiles NV and Renault SA are looking for ways to resuscitate their collapsed merger plan and secure the approval of the French carmaker’s...