Shares in Unilever tumbled 8% in early trading after Kraft Heinz withdrew its $143 billion offer for the Anglo-Dutch group just a little more than 48 hours after making its audacious bid public.
Jeff Immelt gives no public signs he’s ready to retire as chief executive of General Electric, but investors are increasingly preparing for the inevitable.
Copper bulls are looking smart. Some of the world’s biggest mining companies are now poised to reap the rewards, with Anglo American, BHP Billiton and Glencore set to report earnings this week.
As the company behind the popular messaging app Snapchat begins marketing its initial public offering this week, it will need to ensure its other product doesn’t become an afterthought.
For Generation Z, ‘live chilling’ replaces hanging out in person. Teens are finding their friends via video chat, in apps such as Houseparty, Fam and Kik, writes Christopher Mims.
Investors in Bayer have taken heart from President Donald Trump’s apparent support for the German pharmaceuticals and chemicals firm’s planned $57 billion takeover of U.S. seed giant Monsanto.
Costs associated with car crashes are outpacing premium increases for some insurance companies, and insurers say the use of smartphones to talk, text and access the internet while on the road is a new and important factor behind the wrecks.
The Swiss bank’s wealth business is doing better than rivals, though investors should question its sustainability.
Attempts by China’s regulators to stem the use of shadow financing tools by the nation’s lenders haven’t been working.
The shift on counting exports would make the U.S. trade gap appear larger than it had in past years, which could give the administration ammunition in arguing that trade deals need to be renegotiated.