Cable operator Tele Columbus [ESCALC.UL] became the latest German company to announce plans to float shares as the country's traditionally risk-averse companies warm to capital markets after Alibaba's record-breaking $25 billion listing.
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Plant-based vaccines challenge big pharma for $3 billion flu market
Two tiny companies are preparing to challenge some of the world's largest drug makers in the battle for dominance in the $3 billion global market for influenza vaccines, armed with little more than tiny tobacco plants.
Global spa, wellness industry estimated at $3.4 trillion: report
A growing middle class and consumers' evolving attitudes toward health and travel have fueled a global spa and wellness industry worth an estimated $3.4 trillion in 2013, according to a report released on Tuesday.
Adidas seeks to placate investors with share buyback
German sportswear maker Adidas, facing investor discontent over its underperforming share price, announced on Wednesday plans to return to shareholders as much as 1.5 billion euros ($1.9 billion) over the next three years.
Lackluster factory data hits world stocks, dollar up
Stocks worldwide began the fourth quarter on a negative note on Wednesday, with investors wary of lackluster economic data and keeping a cautious eye on civil unrest in Hong Kong.
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An affiliate of Brookfield Asset Management (BAMa.TO) (BAM.N) has topped Florida real estate developer Glenn Straub's $90 million bid for the bankrupt Revel Casino Hotel in Atlantic City, the Wall Street Journal reported, citing sources.
Portugal has begun sounding out Spanish banks on their interest in buying Novo Banco, the successor to the state-rescued Banco Espirito Santo (BES), several sources familiar with the talks said on Tuesday.
Social news site Reddit Inc said it raised $50 million in funding in a deal that would see investors giving back 10 percent of their shares back to the site's user community.
Elisabeth Murdoch, the daughter of media mogul Rupert Murdoch, will step down as the chairman of Shine Group when it merges with Endemol and Core Media Group Inc [CKXETM.UL], the Financial Times reported, citing people familiar with the matter.
Johnson & Johnson (JNJ.N) agreed to pay $1.75 billion in cash to buy privately held Alios BioPharma Inc, which is developing a drug for a common respiratory viral infection in children for which there is no approved treatment.
EBay Inc's agreement on Tuesday to spin off PayPal next year will give the unit more flexibility to strike deals in the rapidly evolving payments space as growth at the company's traditional e-commerce business slows.
Stout Risius Ross, Inc. (SRR) announced today that its client, Engineered Polymers Corp. ("EPC"), has been acquired by Imperial Plastics, Incorporated ("Imperial"), a portfolio company of Goldner Hawn Johnson & Morrison Incorporated ("GHJM"). SRR served as exclusive financial advisor to EPC in connection with this transaction.
China's growing consumer economy will lead to rise in prices and eventually reduce its role as the supplier of cheap consumer goods to the world.
U.S. single-family home prices rose in July on a year-over-year basis but fell short of expectations, a closely watched survey said on Tuesday.
