Goldman Sachs' (GS.N) $334 million investment in Geely Automobile Holdings (0175.HK) will boost the Chinese automaker's global ambitions, including a potential bid by its parent for Ford's (F.N) Volvo brand.
Julius Baer's U.S. asset management arm Artio Global Investors Inc is set to price its U.S. initial public offering after Wall Street closes on Wednesday in what is likely to be a test of investors' appetite for new financial issues.
AutoZone Inc (AZO.N), the largest U.S. auto-parts retail chain, posted quarterly results on Wednesday roughly in-line with analysts' expectations as same-store sales growth slowed from the prior quarter.
The U.S. credit card charge-off rate rose to a record high in August, as more Americans lost their jobs, Moody's Investors Service said on Wednesday, in another sign consumers remain under stress.
The Obama administration's plan to merge bank regulatory agencies will not solve future problems or promote efficiency in financial markets, the regulator of U.S. thrifts said on Wednesday.
Ford Motor Co (F.N) will start production of a small car in India early next year, and its chief executive said the U.S. market had was showing signs of recovery and he expected industry sales to rise in the next two years.
Two mortgage real estate investment trusts halved their planned initial public offerings on Wednesday, casting a shadow on upcoming IPOs in the sector.
Macquarie Research downgraded the U.S. coal sector to neutral from overweight as it believes that demand for seaborne metallurgical, or steel-making, coal in China is slowing.
Dollar Tree Inc's chief financial officer said on Wednesday that the retailer remains comfortable with the third-quarter and full-year sales and earnings forecasts it issued last month.
AGF Management Ltd said on Wednesday its third-quarter profit fell 44.5 percent from a year ago as it suffered from declines in global markets.
Two real estate investment trusts lowered the number of shares they expect to sell in initial public offerings on Wednesday to raise only half as much as they had been expected to.
Plutonic Power Corp and a unit of General Electric Co said on Wednesday that they had committed to buying the Dokie Ridge wind project in western Canada after completing a due diligence investigation.
Chilean forestry group CMPC said late on Tuesday it reached an agreement with Brazil's Aracruz to buy one of its business units for $1.4 billion.
U.S. fund manager BlackRock gained European Union regulatory approval on Wednesday for its acquisition of a Barclays investment unit for $13.5 billion in cash and shares.
While Asia's economy has recovered from the lows hit a year ago, a bumpy road is ahead, with companies needing to shed debt burdens and increase capital bases, according to Nomura's Asia Pacific investment banking head.
Cadbury Chief Executive Todd Stitzer noted that past deals in the industry have been agreed at higher multiples than that implied by the offer from Kraft, according to a Bank of America/Merrill Lynch note obtained by Reuters.
Large drug companies have inherent advantages -- including cash to conduct expensive drug studies and to assure survival when trials fail -- that will be increasingly important in coming years, senior executives of Wyeth and Merck and Co said on Tuesday.
A JPMorgan Chase & Co vehicle on Wednesday increased its cash offer for London-listed carbon offset aggregator EcoSecurities, garnering further support from shareholders.
The United States is still working toward an agreement with G20 partners to phase out subsidies for fossil fuels, a top White House adviser said ahead of this week's G20 summit.
Warner Chilcott Plc said privately held Leo Pharma would re-acquire the U.S. rights to its topical psoriasis treatments for about $1 billion, sending the specialty pharmaceutical company's shares up 4 percent.
More than a year and a half into America's worst housing crisis since the Great Depression, rising unemployment is pushing ever more homeowners in rural Ohio toward foreclosure.
Smartphone maker Palm Inc said it would offer 20 million common shares for $16.25 each, a discount of 5 percent to the stock's Tuesday close.
JPMorgan Chase & Co, the second-largest U.S. bank, launched a charge card for small businesses on Wednesday, entering a market long dominated by American Express Co.
U.S. mortgage applications jumped last week to their highest since late May as interest rates tumbled below 5 percent, data from an industry group showed on Wednesday.
Mexico's Cemex, the world's No. 3 cement maker, sealed a $1.8 billion share offer on strong demand on Tuesday in a sign of investor optimism in the debt-laden company's recovery.
Genetic-testing specialist Qiagen is buying its British peer DxS Ltd to expand its cancer diagnostics business and will raise its capital to fund the deal and possibly further takeovers.
Blackstone Group LP won dismissal on Tuesday of an investor class-action lawsuit accusing the private equity firm of failing to disclose prior to its 2007 initial public offering that some of its holdings were losing value.
Nasdaq OMX Group Inc Chief Executive Robert Greifeld said the quality of companies trying to sell their shares to the public is improving as the long-shuttered IPO market returns to life.
Lithium-ion car battery maker A123 Systems Inc on Tuesday raised the estimated price of its initial public offering by 23 percent and now expects proceeds of about $276 million.
Boeing Co's carbon-composite 787 Dreamliner is set to fly in the fourth quarter. The test flight, now two years behind schedule, could be vindication for Boeing, which hopes to repair its credibility after the delays.
