Qatar Real Estate Investments (Alaqaria) agreed to a takeover by Barwa Real Estate, the companies said on Sunday, in a deal creating Qatar's ninth-largest company with a market value of $3 billion.
Part-nationalised Royal Bank of Scotland has started the sale process for over 300 of its British branches, people familiar with the matter said on Sunday.
Delta Air Lines and American Airlines will not be invited to invest in Japan Airlines until after a new management has been put in place, if ever, a person familiar with the matter said.
Aluminum Corp of China has denied that it is in talks to sell its stake in mining giant Rio Tinto, local media reported on Saturday.
Two Federal Reserve officials said on Friday they would like to see the U.S. jobs picture improve before the central bank withdraws its extraordinary support for the economy and markets.
BRUSSELS - Anheuser-Busch InBev, the world's largest brewer, could cut 10 percent of its 8,000 workforce in western Europe due to falling beer markets, a spokeswoman for the group said on Friday.
J.P. Morgan Securities started coverage of Allos Therapeutics Inc with an overweight rating and a price target of $10, citing upside potential from the company's key drug Folotyn.
Demand for luxury sedans like the sleek new E-Class Coupe helped power a 12 percent rise in global sales of Mercedes-Benz brand cars in December, closing off an otherwise dreadful year on a brighter note.
The world auto industry, and in particular the European market, will have a difficult 2010, the head of PSA Peugeot Citroen's Peugeot and Citroen brands said on Friday.
Canada-listed coal miner SouthGobi Energy Resources has secured Asia's top sovereign wealth funds, China Investment Corp (CIC) and Temasek, as cornerstone investors in its planned $400 million Hong Kong IPO this month, a source told Reuters on Friday.
Abu Dhabi-based Aabar Investments (AABAR.AD) wants to acquire 70 percent of Arabtec (ARTC.DU) through convertible bonds, Aabar said, in a $1.7 billion deal which would provide both cash and potential new contracts for the Dubai builder.
Royal Bank of Scotland (RBS) has agreed to sell non-core asset management businesses to funds firm Aberdeen as part of its overhaul following the government rescue.
Billions of dollars of natural gas assets in Western Canada could change hands this year as energy income trusts convert into corporations and raise capital for acquisitions, bankers and portfolio managers say.
Novartis AG (NOVN.VX) is likely to disappoint loan and bond market hopes of a $16 billion financing bonanza from its take-out of U.S. eyecare firm Alcon Inc (ACL.N), opting instead for cheaper ultra-short-term commercial debt.
New York office landlord SL Green Realty Corp on Friday will become the owner of a 21-story downtown office next to the World Trade Center site, following a foreclosure auction after the prior owner, Sapir Organization, defaulted on the mortgage.
Mortgage lenders must check better if borrowers can repay home loans, a global forum of regulators said on Friday in a wide-ranging report aimed at plugging regulatory gaps uncovered by the credit crunch.
British bid target Cadbury (CBRY.L) will paint an upbeat picture for 2010 and upgrade 2009 forecasts next week in a final attempt to fight off a hostile bid from Kraft Foods (KFT.N), analysts said on Friday.
China Investment Corp, a $300 billion wealth fund, may be weighing up a bid for state-owned Chinalco's stake in mining giant Rio Tinto in what would be its boldest move yet into natural resources.
Hopes that GM [GM.UL] unit Saab will find a buyer rose on Friday after new bidders joined the race, just before a deadline expired.
Fannie Mae, the largest funder of U.S. home mortgages, on Thursday said it is making it easier for some Florida condo buyers to qualify for loans in a bid to stabilize one of the worst-hit real estate markets.
Owners of Stuyvesant Town and Peter Cooper Village, a vast New York apartment complex, will miss a $16 million loan payment on Friday, putting them in technical default on their mortgages, the New York Times said, citing executives briefed on the matter.
Now that Geely Automotive has won the bidding for Sweden's Volvo car unit, China's No. 1 private auto maker is making plans to set up a local production base, according to sources familiar with the company.
British bid target Cadbury (CBRY.L) will paint an upbeat picture for 2010 and upgrade 2009 forecasts next week in a final attempt to fight off a hostile bid from Kraft Foods (KFT.N), analysts said on Friday.
The U.S. office vacancy rate hit a 15-year high in the fourth quarter and landlords slashed rent last year by the largest amount since at least 1980, real estate research firm Reis Inc said on Friday.
Hopes that Saab will find a buyer rose on Friday after new bidders joined the race just before a deadline expired, despite prospects General Motors will close it down in the absence of a credible offer.
Sony Corp said U.S. electronics sales are looking positive after the holiday season, even as the strong yen handicaps the Japanese conglomerate against South Korean and Chinese rivals.
Dutch luxury carmaker Spyker submitted an improved bid for Sweden's Saab to General Motors Co on Thursday, just ahead of a key deadline that could prompt closure of the brand.
Already seen as a long-shot bidder, Italian chocolate maker Ferrero's interest in Cadbury Plc has cooled as the hurdles of getting financing and finding suitable partners before the deadline becomes increasingly daunting, sources familiar with the situation said.
American Airlines has raised its offer of investment in Japan Airlines Corp by $300 million to $1.4 billion, the Wall Street Journal reported on its Web site.
Boeing Co on Thursday announced an overhaul of its defense business that includes a name change for the unit and consolidation of two divisions, moving to position the company to pursue new markets in the face of a tougher U.S. defense spending environment.
