The vaccine developer once valued at $175 bln is now worth just $4 bln, excluding cash. It also has two dozen therapies in the works. Although rapid spending is a takeover deterrent, its $200 bln ...

A $466 mln London vehicle run by the US hedgie wants to turn into an insurer. Some investors say it traps them into a risky ...

S&P 500 futures fell just 1% after the president slapped tariffs on Canada, Switzerland and others. The calm reflects a solid growth and hopes that levies will fall. Yet the duties are close now. And ...

Internet users are scrambling to avoid new online age checks. Virtual private network provider Proton saw UK signups jump ...

Iconic buildings don’t often change hands. Yet a trio of prime commercial properties in Hong Kong is now up for grabs. Each carries a strong connection to China's state-backed giants, which could ...

The card payment titans have long shrugged off political pressure or potential rivals, the $95 bln in fees they collect and share cementing a cozy duopoly. Yet swipes are becoming less lucrative, as ...

Donald Trump's decision to impose a 25% duty on imports from India may allow the South Asian country to remain a desirable manufacturing hub. It will come down to whether Washington follows through on ...

Weeks after the US group paid $8 bln for a British retirement manager, its Canadian peer agreed a $3 bln takeover of Just Group. Brookfield’s price is high. But Britain’s annuity market is growing and ...

Italy’s defence firm is growing its armoured vehicle business by buying truck maker Iveco’s military unit. The lowball $2 bln price tag may reflect its status as Rome’s favoured bidder. The deal also ...

The $34 bln miner is trying to sell loss-making unit De Beers, which was part of its defence against a failed takeover from BHP. CEO Duncan Wanblad may be tempted to demand a glitzy price. But if he ...

The Tata group has a patchy record of overseas expeditions. Wednesday's all-cash 3.8 billion euros ($4.34 billion) agreed ...

In one sense, it’s a coup that Robey persuaded Weinberg and Evercore founder Roger Altman to pay anything for the business, since the deal essentially equates to hiring a handful of well-connected ...