U.S. agribusiness giant Bunge Ltd (BG.N) will buy Brazilian sugar and ethanol producer Moema for $452 million, its biggest bet yet on the fast-growing cane and ethanol industry in the world's top exporter.
Revlon Inc's chairman and majority shareholder Ronald Perelman was sued by an investor who exchanged his common stock for preferred shares, alleging that he missed out on a sharp rally in the cosmetic maker's stock price.
In the annals of tall skyscrapers, there is no doubt that the soon-to-open Burj Dubai will be the world's tallest. But how tall is known to only a few.
U.S. copper futures strengthened to near 15-month highs Thursday morning, driven by extended losses in the dollar,supply threats in Chile, and pre-holiday momentum buying. For detailed report on global copper markets, click on [MET/L]
Loss-making lender Pacific Capital Bancorp (PCBC.O) signed a letter of intent to sell its tax division to a private equity fund, as its regulators barred it from originating any refund anticipation loan in 2010.
Gaming and entertainment company Black Gaming LLC said it had reached a deal with its lenders to restructure its debt and that it would file a pre-negotiated bankruptcy petition to implement the plan.
Chinese steel products maker General Steel Holdings Inc (GSI.N) said it agreed with institutional investors to sell shares and warrants at a discount to raise about $25 million, sending its shares down as much as 22 percent.
Green Mountain Coffee Roasters Inc (GMCR.O) voluntarily withdrew its filing with the antitrust division of the Federal Trade Commission regarding its purchase of Diedrich Coffee Inc (DDRX.O) after consultation with the regulator.
Aberdeen Asset Management (ADN.L) is interested in buying the funds arm of Royal Bank of Scotland (RBS.L), two sources familiar with the situation said, as the bank offloads a raft of assets after a government-backed bailout.
U.S. private equity firm Carlyle Group CYL.UL said it has talked to British waste management company Shanks Group (SKS.L) about a possible takeover offer.
General Motors Co emerged from a 40-day bankruptcy in July with a newfound zeal that things at the top U.S. automaker would never be the same
Dutch billionaire John de Mol is not involved in a possible buyout of Swedish carmaker Saab, which Dutch Spyker Cars (SPYKR.AS) would like to buy from General Motors GM.UL, De Mol's investment company Talpa said.
Procter & Gamble Co appears ready to expand The Art of Shaving -- the high-end shaving chain it purchased in June to provide a retail presence along with its Gillette brand.
Warren Buffett is in talks to buy the troubled residential mortgage company Residential Capital, a unit of GMAC, the New York Post said, citing sources.
A commission created by Congress to look into causes of the financial crisis will question the chief executives of Goldman Sachs Group Inc, JPMorgan Chase & Co, Morgan Stanley and other big banks at its first public hearing next month
OGK-3 (OGKC.MM), a power unit of Russia's metals giant Norilsk Nickel (GMKN.MM), has sold a 0.4 percent stake in the miner for 2.96 billion roubles ($97 million), an OGK-3 spokesman said on Wednesday.
Chicago Mercantile Exchange lumber futures closed a little higher in nearbys on Wednesday as the market showed little direction going into the holiday, traders said.
Two French citizens have been charged by U.S. regulators with using inside information to buy securities of Chattem Inc before Sanofi-Aventis said it would acquire the healthcare group.
French-based Icade will buy Compagnie la Lucette, another real estate firm, from Morgan Stanley to create a entity with a portfolio of over 5.7 billion euros ($8.2 billion).
Dutch state-owned bank ABN AMRO [ABNNV.UL] will transfer some corporate client operations to Deutsche Bank (DBKGn.DE) to pave the way for ABN's merger with Fortis Bank Nederland, ABN AMRO said on Wednesday.
Alleged swindler Allen Stanford's lawyers and family have again asked a federal judge to order his release from prison pending trial, citing his physical and mental deterioration and inability to help prepare his defense.
Creditors of bankrupt Lyondell Chemical Co asked a U.S. judge to expand the investigation of the company's court-appointed examiner on Wednesday to ensure the petrochemicals company is fairly evaluating proposals from potential suitors.
Arena Pharmaceuticals Inc (ARNA.O) said on Wednesday that Merck & Co Inc (MRK.N) will discontinue development of an atherosclerosis treatment that the two companies were jointly collaborating on.
Sales and earnings at uniform rental company Cintas Corp. will not be as high as financial analysts expect in the coming year, says the company's chief executive officer.
Wells Fargo & Co and Citigroup Inc repaid a total of $45 billion to the United States on Wednesday, as major banks look to reduce government influence over their affairs.
Ford Motor Company's exit from luxury car brands is nearly complete. The sale of Volvo Car Corp. to the parent company of Chinese automaker Geely is expected to close by June of 2010, more than three years after Ford began to dismantle its premium auto group which once included Jaguar, Land Rover and Aston Martin.
News that Ford expects to finalize the sale of Volvo to China's Geely in the first half of 2010 caps a year that saw China overtake the United States as the world's biggest auto market, something that would have been unthinkable only a few years ago
Ford Motor Co.'s sale of Volvo Car Corp. to the parent company of Chinese automaker Geely is expected to close by June of 2010, the company said today, more than three years after Ford began to dismantle its premium auto group which once included Jaguar, Land Rover and Aston Martin.
Shipping and oil group A.P. Moller-Maersk (MAERSKb.CO) has agreed to buy Devon Energy Corp's (DVN.N) stakes in the Cascade, Jack and St. Malo oilfields in the Gulf of Mexico for $1.3 billion, the firms said on Tuesday.
Veolia Environnement (VIE.PA) is in talks with Italian train operator Trenitalia to run its own high-speed train services in France, a person familiar with the matter said on Wednesday.
