World news

Exxon Mobil Corp is selling its entire stake in the Terra Nova oil project off the eastern coast of Canada, though the world’s largest publicly traded oil producer said it was committed to r...

Deal continues wave of consolidation in chip industry Cash offer is 7 percent premium on Microsemi’s closing price

Offer for rival is at about 33% premium from Friday’s close Financing to come from cash at hand, U.S. IPO earnings, debt

ArcelorMittal, the world’s largest steelmaker, has not changed its plan to invest $1 billion dollars in a new production line in Mexico, a spokesman said on Friday, despite uncertainty aroun...

Canadian automotive parts supplier Magna International Inc said on Wednesday it will invest $200 million in Lyft Inc and work with the U.S. ride-hailing firm to manufacture self-driving cars...

Private equity firm Thoma Bravo LLC is in early talks to buy security software company McAfee from TPG Capital and Intel Corp, a source familiar with the matter said on Friday.

U.S. exchange operator CME Group said on Thursday it had reached an agreement to buy Michael Spencer’s NEX Group, valuing the British firm at about 3.9 billion pounds ($5.5 billion) and crea...

French manufacturer of automobile tires Compagnie Generale des Etablissements Michelin SA has reached an agreement on the acquisition of a manufacturer of products from polymer materials Fen...

Goldman Sachs and the Wellcome Trust charity have made a joint bid to buy the commercial property portfolio of Britain’s Network Rail, a spokeswoman for the Wellcome Trust said.

GlaxoSmithKline said on Tuesday it will buy Novartis’s 36.5 percent stake in their consumer healthcare joint venture for $13 billion in cash, and will also begin a strategic review of some o...