Kohlberg Kravis Roberts & Co and Fubon Financial are among the bidders for Morgan Stanley's stake in Chinese investment bank CICC, people familiar with the matter said on Wednesday, in a deal that could be worth more than $1 billion.
British house builder Telford Homes Plc (TELF.L) swung to a first-half pretax profit as it sold more new homes, reinstated its dividend and said it expected full-year results to be in line with the market view.
U.S. mortgage applications nudged higher last week, data from an industry group reported on Wednesday, as consumers showed a subdued reaction to the lowest interest rates in six months.
Sweden said it was too early to say if loss-making Saab would survive after U.S. parent GM announced on Tuesday it would consider offers for the car firm until the end of the year.
The Chicago Board Options Exchange will pay $2.1 million to settle its long-running litigation over ownership rights, eliminating legal barriers to demutualization within days or weeks, the exchange said.
Fiat SpA Chief Executive Sergio Marchionne hinted that government targets of a boost in production to 900,000 vehicles a year in Italy were achievable, but said he still planned to end car output at a Sicily plant.
Shares in German truckmaker MAN fell over 4 percent on Tuesday on market talk it may be pressured by major investor Volkswagen to make a bid for Scania.
Barclays completed the sale of its asset management arm to U.S. fund manager BlackRock on Tuesday for $15.2 billion, or $1.7 billion more than when it struck the deal in June after a jump in BlackRock's share price.
Russia's Human Stem Cell Institute will raise around 140 million roubles ($4.80 million) at its upcoming IPO after avgreeing to sell shares at the lower end of its price range, the company said on Tuesday.
Tata Motors Ltd vehicle sales for November.
U.S. construction spending was flat overall in October at $910.8 billion despite the biggest surge in homebuilding in more than a decade, the Commerce Department said on Tuesday in a report that sharply revised the prior month's data.
British exhibition and conference organiser ITE Group Plc posted a rise in full-year profit, helped by cost controls and positive currency movement, and increased its dividend.
Pending sales of previously owned U.S. homes rose unexpectedly to their highest level in 3-1/2 years in October, a survey showed on Tuesday, suggesting the housing market recovery was gaining steam.
France's Vivendi said on Tuesday it has until February to exercise a right to buy about 12 percent of Brazilian telecoms company GVT, seeking to dispel regulatory scrutiny in the South American nation about the transaction.
Bailed-out insurer AIG said on Tuesday it had closed a pact with the New York Federal Reserve that slashes its debt under a credit facility by more than half, to $17 billion.
Peet's Coffee & Tea on Monday raised for the second time in two weeks its cash-and-stock offer to buy Diedrich Coffee Inc.
Saab Automobile faced the threat of closure as the board of U.S. parent General Motors met on Tuesday to hammer out plans after a deal collapsed to sell the Swedish brand.
Airlines outside Europe inched back into profit in the third quarter, but the industry remains on track for a net loss of $11 billion this year, the International Air Transport Association (IATA) said on Tuesday.
Japan's Asahi Breweries said it could spend up to 400 billion yen ($4.6 billion) on acquisitions to avoid getting left behind amid a rush towards consolidation in the global food and beverage industry.
Scottish drinks maker A.G. Barr said on Tuesday third-quarter revenue rose 21.4 percent, aided by strength in its core business, and current trading remained in line with its expectations.
Kraft Foods Inc is favorite to take over Cadbury Plc despite interest from Hershey Co and Ferrero, and talk of Nestle SA involvement, said analyst Andrew Wood at Sanford Bernstein.
When U.S. retail chains report November sales this week, investors will learn whether they have gone far enough to protect profits against a weak start to the holiday shopping season.
General Electric Co and Vivendi SA have agreed in principle to a deal in which GE would buy the French company's 20-percent stake in NBC Universal for $5.8 billion, a source familiar with the matter said on Monday, paving the way for Comcast Corp's proposed joint venture with GE.
Forest Oil Corp said it agreed to sell its remaining Permian Basin properties to SandRidge Energy Inc's unit for about $800 million, as it looks to focus on shale assets and repay debt.
Canadian advertising agency Cossette Inc said on Monday it has accepted a sweetened bid from U.S. private equity group Mill Road Capital and it continues to recommend that its shareholders reject an unsolicited takeover proposal from Cosmos Capital.
OmniVision Technologies Inc, which makes semiconductor image sensor devices, posted better-than-expected second-quarter results but forecast a weak third quarter, sending its shares down 10 percent in extended trade.
Belgian discount supermarket chain Colruyt reported an 8 percent rise in first-half net profit and repeated its forecast for a more modest rise in full-year net profit.
Belgian holding company RHJ International reported a narrower first-half operating loss on Monday and a rare net profit due to one-off gains from industrial activities it ultimately plans to divest.
The Airbus A400M will cost the seven countries buying the military transport an additional 7.4 billion euros for the 180 aircraft on order, Les Echos newspaper reported in a preview of the front page of its Tuesday edition.
It's the Ford Mustang against the Chevy Camaro in a race for muscle car sales dominance, and Ford is aiming to take the lead with gas mileage.
