Investor Litt says Hudson’s Bay worth double chairman’s C$1.74 billion bid
Activist shareholder Jonathan Litt lambasted a C$1.74 billion bid to take Canadian retailer Hudson’s Bay Co private as “woefully inadequate” on Tuesday, saying the chairman-led...
EU court forces Germany to rethink ‘unfair’ highway toll
A planned German highway toll for cars discriminates against foreign drivers and breaches European Union law, the EU’s highest court ruled on Tuesday, forcing Berlin...
Russia’s security service searches magnate Yakobashvili’s art gallery: TASS
Russia’s Federal Security Service (FSB) searched a Moscow art gallery owned by prominent businessman David Yakobashvili on Tuesday as part of a criminal investigation, TASS...
Presidential candidates back U.S. women’s soccer team’s pay-equality demands
The U.S. women’s national team’s call for equal pay is gathering support from a number of presidential candidates and advocates as the World Cup holders...
Uber threatens to withdraw from Austria
U.S.-based ride-hailing service Uber Technologies Inc threatened on Tuesday to withdraw from Austria if a new law that would subject it to the same price...
Airbus and Boeing bag $17 billion of deals in Paris Airshow battle
Airbus and Boeing bagged more than $17 billion in plane deals on day two of the Paris Airshow as their sales teams scrapped for orders...
Germany to support three battery cell alliances: economy minister
Germany will support three company alliances with earmarked funds of 1 billion euros for the domestic production of battery cells in an effort to reduce...
Kellogg to take $35 million pretax hit on North America unit revamp
Kellogg Co said on Tuesday it would take a pretax charge of about $35 million to restructure its North American business following the sale of...
News Corp exploring potential sale of News America Marketing business
Wall Street Journal-owner News Corp said on Tuesday it was evaluating options for its News America Marketing (NAM) business, including a potential sale....
Wall Street set to open higher on hopes of accommodative Fed
Wall Street’s main indexes were set to open higher on Tuesday, as more dovish calls from the European Central Bank lifted expectations of a similar...