RioCan Real Estate Investment Trust is looking at acquisition opportunities in Canada in the short term and will likely close a deal by the end of the year, Chief Executive Edward Sonshine said in an interview with Reuters.
Interpublic Group reported a sharper-than-expected drop in quarterly results, sending its shares down 11 percent and making it clear that the advertising industry's troubles are not yet over.
The European Union (EU) said on Monday it'd levy 24% anti-dumping duty on China's steel and wire rod for a period of five years.
Viacom Inc reported a 32 percent drop in earnings, but tempered yet another quarter of depressed results with the announcement that it has reached a key distribution deal for its new movie channel Epix.
former Asia Pacific CEO for Lehman Brothers will step down from his chairman role at Nomura Holdings, according to a memo obtained by Reuters on Tuesday, potentially dealing a blow to morale among ex-Lehman staff now at the Japanese brokerage.
Abbott Laboratories Inc said it plans to widen its array of nutritional brands in India by paying $130 million for the nutrition businesses of Wockhardt Ltd, certain Wockhardt subsidiaries, and Carol Info Services Ltd.
Chinese automaker Great Wall Motor Co is considering resurrecting plans for a domestic A-share initial public offering as China's stock and auto markets have rebounded strongly, company executives said on Tuesday.
Japan's Hitachi Ltd will launch a $2.9 billion bid for five of its listed units to help it return to growth, even as a tumble to a quarterly net loss further eats into its capital and intensifies pressure to raise funds.
China's Dongfeng Motor Group said its joint venture with Nissan Motor would spend 5 billion yuan ($732 million) to expand a new passenger vehicle plant in China's southern city of Guangzhou.
Vodafone said on Tuesday there was no sale process underway for Deutsche Telekom'sT-Mobile UK subsidiary, at a gloomy annual meeting overshadowed by economic and performance concerns.
Deutsche Lufthansa has asked the Austrian Takeover Commission to extend the deadline to complete its deal on buying Austrian Airlines as it scrambles to address EU antitrust concerns.
One month on from a cancer scare that investors feared might sink sales of Sanofi-Aventis's diabetes treatment Lantus, the French drugmaker appears to have escaped the worst.
A group of hedge funds that provided bankruptcy funding to Delphi Corp on Monday won a high-stakes auction to take control of the auto parts supplier, scuttling a rival deal brokered by the Obama administration.
BP is still considering the construction of refineries in China with partners Sinopec and PetroChina, the head of the British oil major's downstream unit said on Tuesday.
Private equity group CVC Capital Partners is prepared to offer up to 1.5 billion euros ($2.1 billion) for Anheuser-Busch InBev's Central and Eastern European assets, newspaper De Tijd said on Tuesday.
Home prices are stabilizing after steep declines last year, although prices are still down about 17 percent compared to last year, according to new home prices index report released on Tuesday which gives further support to the belief that the housing market is reaching a bottom.
Viacom Inc reported a steep fall in quarterly earnings, hit by poor advertising revenue and a dropoff in sales of its Rock Band video game.
Office Depot Inc reported a bigger-than-expected quarterly loss on Tuesday as troubles in corporate America weighed on sales at the No. 2 U.S. office supplies retailer.
Our high on the day so far was just after 10 AM when the new home sales report came out. Predictably, the headlines are in and
Viacom Inc reported a steep fall in quarterly earnings, hit by poor advertising revenue and a dropoff in sales of its Rock Band video game.
Auto dealership chain Sonic Automotive Inc (SAH.N) posted a plunge in second-quarter profit on Tuesday as the economic recession hurt consumer demand for new vehicles.
Canadian auto parts maker Magna (MGa.TO) has increased the amount of upfront capital it will inject in its offer for General Motors' European unit Opel, a German government source said on Tuesday.
Canadian auto parts maker Magnahas increased the amount of upfront capital it would inject into Opel in its offer for the General Motors European unit, a German government source said on Tuesday.
Viacom Inc reported a steep fall in quarterly earnings, hit by poor advertising revenue and a dropoff in sales of its Rock Band video game.
Japan's Toyota Motor Corp plans to launch a hybrid compact for around 1.5 million yen ($15,760) in Japan in late 2011, broadening its hybrid car line-up, the Asahi newspaper reported on Tuesday.
Senior U.S. housing officials and leading mortgage companies on Tuesday will make a fresh commitment to help troubled borrowers keep their homes and will promise to expand foreclosure-prevention aid, sources familiar with the plans said.
Time Warner Inc paid $283 million for Google Inc's 5 percent stake in AOL, the Internet company said in a U.S. regulatory filing on Monday.
Trading company Sumitomo Corp entered the U.S. wind power market with its acquisition of a 42.5 percent interest in a Texas wind farm, the Nikkei business daily reported.
The number of phone users in China has surpassed billion during the first half of 2009, which, according to the Ministry of Industry and Information Technology (MIIT), is boosted by the launch of the third-generation (3G) network. However, most of the users are not satisfied with their current domestic operators.
Debt-laden Italian eyewear maker Safilo, which has been seeking to strengthen its balance sheet, postponed release of its first-half results on Monday after talks with private equity groups fell through.
