Alibaba's blockbuster $25 billion stock offering has made Jack Ma the wealthiest man in China, according to a new survey, as investor enthusiasm for Chinese technology names enriches a new generation of Internet moguls.
Norway's Yara International and U.S.-based CF Industries said they are discussing a merger that would create a new, nearly $19 billion-a-year powerhouse in the global fertilizer business.
Google must improve its proposal to settle European Union concerns over its search practices or face formal antitrust charges, the EU's competition chief Joaquín Almunia said.
Bombardier Inc. is in advanced discussions with an undisclosed airline to be the first operator of its new CSeries, the jetliner's program chief said in an interview.
General Motors hired a product cybersecurity chief as technological complexity continues to expand in the automotive sector.
P&G won a victory in its fight to protect its Crest Whitestrips from generic competition, potentially driving one of its few remaining rivals out of the market.
Carnival raised its outlook for the year as it reported a 34% increase in earnings for the August quarter, led by higher onboard spending and a stronger performance in its Asia division.
Drug company Actavis recently made a bid for Allergan, but the Botox maker rejected the proposal and is closing in on its own takeover for Salix Pharmaceuticals.
Dutch electronics group Philips said it would split itself into two companies, spinning off its iconic lighting business 123 years after making its first incandescent light bulb.