Shares of memory chip developer Rambus Inc rose 8 percent on Friday on speculation that Samsung Electronics would buy the company, but Samsung said it had no such plans.
Blank-check company Orbit Acquisition Corp withdrew its filing for an initial public offering on Friday, citing market conditions in a letter to U.S. regulators.
Independent oil exploration company Cobalt International Energy Inc became the latest private equity-owned company to seek to raise money in an initial public offering, according to a regulatory filing on Friday.
Avaya Inc is not the sole bidder for the Nortel Networks Corp business that builds networks for large corporate clients, the bankrupt Canadian telecom equipment maker said on Friday.
The World Trade Organization ruled on Friday that European loans for Airbus were illegal subsidies under world trade rules, U.S. lawmakers said, but European sources said Washington did not win a sweeping victory.
Author Jeff Lindsay found inspiration for a novel about a good serial killer in the fake smiles and insincere handshakes of people at a civic group meeting who, he thought, might want to kill each other.
New data from the Boston mutual fund giant shows a rise in how often it voted against management proposals in the just-concluded proxy season. It also opposed company pay plans and the election of company directors more frequently.
Bermuda reinsurer Validus Holdings won shareholder support for its $1.77 billion acqusition of rival IPC Holdings on Friday, and moved swiftly to close a deal that was months in the making.
New car sales in Britain rose for a second consecutive month in August, helped by the government's
A U.S. district court awarded TiVo Inc, a maker of DVR boxes, nearly $200 million in damages in its long-running patent case with DISH Network Corp and EchoStar Corp.
Daimler's (DAIGn.DE) chief executive told German newspaper Bild that the auto maker would perform better in 2010 and was set to achieve significantly more than 4 billion euros ($5.71 billion) in savings in 2009.
Most major U.S. airlines reported another month of declining traffic in August as rising unemployment hurt leisure demand and corporate cost cuts continued to hamper business travel.
Deep in the heart of Texas, a Chevy dealership is almost empty of super-sized trucks and full of promise for the battered U.S. auto industry.
Biogen Idec said on Friday it had offered to acquire Facet Biotech Corp, a partner in developing multiple sclerosis and cancer drugs, in a deal valued at about $355 million.
Shares of memory chip developer Rambus Inc rose 8 percent on Friday on speculation that rival Samsung Electronics would buy the company for $25 to $27.50 per share.
Investment bank Barclays Capital has shifted its trading of U.S. Northeast carbon allowances to its London desk after a trader in New York left the company, the bank's head of environmental markets said.
Macau's casinos gained a record $1.5bn in August, their highest-ever monthly revenue and up 18% on the same month last year, local media reported on Thursday.
The United States confirmed on Friday it has received a confidential World Trade Organization ruling in its multibillion-dollar complaint against European government support for Airbus.
Banco Santander SA, the Brazilian unit of Spain's Santander, filed on Thursday for an initial public offering in Brazil and the United States, in what could become one of the largest IPOs of the year.
China's largest pharmaceutical products distributor, Sinopharm Group Co Ltd, is set to raise up to HK$8.73 billion ($1.13 billion) in an initial public offering of shares in Hong Kong, according to a term sheet seen by Reuters on Friday.
China's largest online game firm Shanda Interactive plans to raise as much as $800 million in a U.S. IPO for its games unit, to help it monetise its core business as it seeks to become a diversified media company.
State-run chemicals company ChemChina, the little-known acquisition pioneer that won the affection of private equity firm Blackstone, is looking for yet more strategic investment as it scouts for more overseas assets, its chief executive said on Friday.
AIG will likely now announce the buyer of its Taiwan Nan Shan Life unit at the end of September instead of on Friday, a local newspaper reported, after potential buyers bid below the $2 billion the insurer had hoped for.
Shares in K+S rise on Friday as traders point to market talk that peer Potash Corp of Saskatchewan might be considering bidding 50 euros per share for the German salts and fertilizer.
Cellphone feels like a part of your body? A global survey has found that most people can't live without their mobiles, never leave home without them and, if given a choice, would rather lose their wallet.
Daiwa Securities Group could pay around $2 billion to exit an investment banking joint venture with Sumitomo Mitsui Financial Group, sources said, triggering a further shake-up of Japan's banking industry.
The U.S. government plans to accelerate the pace of processing up to $3 billion in
CHICAGO - Brazilian meat giant JBS would likely get U.S. antitrust approval if it decides to buy U.S. chicken producer Pilgrim's Pride even though the already concentrated American meat market would lose yet another player.
Global carmakers are lining up to make India, home of Tata Motors' (TAMO.BO) Nano, the world's cheapest car, a base for their export operations as they try to cut costs and move to compact, fuel-efficient vehicles.
Japan's Mitsubishi Motors Corp said on Friday it has formally signed a contract for a previously announced tie-up with France's Peugeot-Citroen in electric vehicles.