The chairman of Dubai’s shipyard arm Drydocks World has stepped down and has been replaced by an official from the emirate’s department of finance.
Swiss airport retailer Dufry said it has agreed to buy Italy’s World Duty Free in a deal that values the latter at about €3.6 billion ($3.9 billion), including debt.
China National Chemical, which is bidding for tiremaker Pirelli, says it is committed to upholding the Italian company’s autonomy and reputation.
Best Buy Co. said it would shutter its Canadian chain Future Shop to focus attention on its namesake brand, a move that will cut about 1,500 jobs across the country.
Tesla has provided auto executives and regulators a better view into the nascent electric vehicle market, but now it is in focus for another reason: autonomous vehicles.
Financial firms are creating a murky market where the red-hot stocks of closely held technology companies trade largely out of sight of regulators, other investors and the companies themselves.
Weekend Investor: As April 15 nears, taxpayers face new provisions and a harder time getting help from the IRS. Here’s how to avoid pitfalls.
Li Ka-shing’s venture-capital fund, run by his longtime companion Solina Chau, is accelerating investments from Israel to Silicon Valley.
A jury said prominent venture-capital firm Kleiner Perkins Caufield & Byers didn’t sexually discriminate or retaliate against a former female partner, in a closely watched case that raised questions about the treatment of women in Silicon Valley.