Volkswagen AG (VW) said on Friday it has agreed to invest 2.1 billion euros ($2.33 billion) in two separate Chinese electric vehicle players, upping its bet on the world's biggest auto market as international rivals seek to muscle in.
PG&E; Corp said on Thursday its Chapter 11 reorganization plan has been confirmed by a California power regulator, bringing the power provider one step closer to emerge from bankruptcy and participate in a state-backed wildfire fund.
Shares in coffee maker JDE Peet's surged almost 13% in their stock market debut on Friday as investors jumped on one of the few big IPOs launched during the coronavirus crisis.
Intesa Sanpaolo should disclose in a legally binding document that its takeover offer for smaller rival UBI Banca is still valid, UBI CEO Victor Massiah said in a newspaper interview.
LATAM Airlines Group's U.S. bankruptcy filing this week will delay its potential bailout in Brazil to at least July and also push back aid to its rivals at least through the end of June, two sources said on Thursday.
Cisco Systems Inc has agreed to acquire privately held software maker ThousandEyes Inc, the network gear maker said on Thursday.
Morgan Stanley has not been given an advisory role on the potential sale of a stake in Saudi Aramco's pipeline business, a deal worth over $10 billion, two sources told Reuters.
Cox Energy America said on Thursday it is seeking regulatory approval from Mexico's banking commission to list its shares on the country's second-largest stock exchange, the Bolsa Institucional de Valores (BIVA), aiming to raise about $40 million.
CK Hutchison Holdings Ltd has won a victory against an EU antitrust decision blocking its 10.3 billion pound ($12.6 billion) bid to buy O2 UK from Spain's Telefonica in 2016.
ViacomCBS Inc is cutting up to 400 employees across CBS as part of its plan to save $750 million from its merger with CBS, a source familiar with the matter said on Thursday.