Business / page 6

Telecom Italia SpA aims to accelerate the turnaround plan with an asset allocation plan that would cause the former telephone monopolist to relinquish control of its most valuable part, the...

German manufacturing orders rose unexpectedly in May, even as global momentum has been weighed down by rampant inflation and uncertainty caused by Russia's war in Ukraine.  Demand increase...

China’s Geely is building a new plant to produce a quarter of a million bigger-sized cars that will help meet a goal of selling more than 2 million vehicles by 2020 and power its growth, two...

Canada will buy Kinder Morgan Canada Ltd’s Trans Mountain pipeline for C$4.5 billion ($3.5 billion), the government said on Tuesday, hoping to save a project that faces formidable political...

The Morgan Stanley Real Estate Fund (MSREF) VII is considering the possibility of selling the shopping and entertainment complex "Gallery" in the center of St. Petersburg, the Vedomosti news...

Silver Lake is buying Zoopla and PrimeLocation owner ZPG for 2.2 billion pounds ($3 billion), landing the Daily Mail publishing group a 642 million pound windfall for cashing out of online p...

PayPal Holdings Inc. is buying Swedish small-business platform iZettle for $2.2 billion to expand in Europe and Latin America and increase its presence in brick and mortar stores.

The world’s three largest oil traders are competing to buy the African arm of Brazil’s Petrobras (PETR4.SA) that owns stakes in two major Nigerian offshore oil blocks, industry and banking s...

Ars Technica publishes an annual list of companies and brands that are likely to die in the coming year. It includes projects that are threatened for a variety of reasons - economic, cultura...

ConocoPhillips is preparing to offload its stake in Cenovus Energy Inc that it acquired as part of an asset sale to the Canadian oil and gas producer last year, people familiar with the matt...