Carl Icahn isn't forecasting a dramatic stock market drop quite yet but the billionaire investor is still bracing for a market sell-off in the next three to five years, he told Reuters on Monday.
North America
Blackstone to sell Manhattan skyscraper for about $2.25 billion
Blackstone Group LP has reached a deal to sell a Manhattan office tower for about $2.25 billion to a venture led by Canadian property investor Ivanhoe Cambridge, the Wall Street Journal reported, citing people familiar with the terms of the sale.
NRG betting big on rooftop solar in California
U.S. power company NRG Energy Inc aims to grab a bigger piece of the residential solar industry by expanding its business in California, the nation's biggest solar market, and offering a new financing option to its customers.
U.S. Senate heads for vote on Keystone XL pipeline
Backers of the Keystone XL oil pipeline hope a vote in the U.S. Senate late on Tuesday will send a bill to the desk of President Barack Obama.
Iran uses China bank to transfer funds to Quds-linked companies – report
There is no trace of Shenzhen Lanhao Days Electronic Technology Co Ltd at its listed address in the beige and pink-tiled "Fragrant Villa" apartment complex in this southern Chinese city. The building's managers say they’ve never heard of it.
Latest News
Botox maker Allergan Inc on Monday accepted a $66 billion takeover bid from Actavis Plc, ending a seven-month hostile pursuit by activist investor William Ackman and Valeant Pharmaceuticals International Inc.
President Barack Obama's executive action on immigration is expected to include some modest changes to make it easier for technology companies to retain high-skilled workers frustrated by long and unpredictable waits for green cards.
Halliburton Co (HAL.N) will buy Baker Hughes Inc (BHI.N) for about $35 billion in cash and stock, creating an oilfield services behemoth to take on market leader Schlumberger NV (SLB.N) as falling oil prices threaten to erode demand.
Canadian buyout firm Onex Corp (OCX.TO) is leading the bidding for Swiss juice-box maker SIG Combibloc Group, Bloomberg reported on Sunday, citing unnamed people familiar with the matter.
After soaring more than 30 percent in its market debut on Friday, shares of low-cost airline Virgin America Inc may be fully priced, according to a report in Barron's.
Facebook Inc is secretly working on a new website called "Facebook at Work" that would allow users to keep their personal profile separate from their work profile, the Financial Times reported.
Allergan Inc is close to a buyout deal worth up to $65.5 billion by Actavis Plc, one that could end months of pursuit by Canada’s Valeant Pharmaceuticals and William Ackman's hedge fund, Pershing Square Capital Management, according to a person familiar with the matter.
President Barack Obama's plan to extend private health coverage to the uninsured entered a new uncertain phase on Saturday as U.S. government-backed online insurance marketplaces opened their 2015 plans to millions of potential enrollees.
Walt Disney Co's cloud-based movie storage service will give customers the ability to add purchases from Vudu, an online store operated by Wal-Mart Stores Inc, a Disney official said on Friday.
