(Reuters) -Paramount Global said on Monday it was selling Simon & Schuster to KKR & Co for $1.62 billion in

Astellas Pharma Inc. priced one of the biggest yen bond deals of the year Friday, raising funds to

Manchester United’s valuation on the New York Stock Exchange plummeted by more than £500million in the wake of a report that the Glazers have decided not to sell. Nine months ago the owners announced a full sale was among the options being considered as part of a strategic review at the Old Trafford club. Sheikh Jassim and Sir Jim Ratcliffe made offers to buy United, yet the interminable potential takeover process rumbles on as fans continue to protest against the Glazers. Hopes of a full sale were seemingly dashed when the Mail on Sunday reported that the owners are taking the club off the market and will try to sell again in 2025. That report led to more than £500m being knocked off United’s share price on Tuesday. After the New York Stock Exchange reopened following the Labor Day holiday, the price plummeted from 23.66 US dollars (£18.83) to 19.35 US dollars (£15.40) by close. United’s market capitalisation – the company’s worth on the stock market – was left at 3.15billion US dollars (£2.5billion) after the 18.22 per cent drop. Earlier this year the Glazer family reportedly valued United at £6bn. Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live

Tesla Inc CEO Elon Musk has said that the company can make no new hires unless he personally approves them, according to a copy of the email seen by Reuters.

TOKYO Nomura Holdings Inc, Japan's biggest brokerage and investment bank, on Friday reported a doubling of quarterly net

Eurozone economic activity worsened in June to a five-month low, hit hard by a fall in industrial production, a keenly...

Australia’s government moved to regulate buy now, pay later finance firms under credit laws, drawing the line on

LONDON--(BUSINESS WIRE)--Jul 20, 2023--

Spending at US retailers rose in April following two months of declines, showing the US consumer is still fueling the economy.

By Saeed Azhar NEW YORK Chris Kojima, an executive in Goldman Sachs asset and wealth management unit, will

MILANO (AP) — The Milan fashion world has become a designer carousel. Powerhouse Gucci and Swiss luxury brand Bally both introduced designers this season, while Tod's bade their creative director farewell and Moschino is in an interim phase.

MADRID Sacyr is negotiating with Spanish firm Bestinver to sell its 45% stake in the Irish motorway N6