One year into leading U.S. Steel, Mario Longhi says "everything is on the table" as he tries to bring the company back from five years of losses.
Initially conceived of as a stopgap measure until pipelines could be constructed, shipping crude by rail has become a permanent part of the nation's energy infrastructure as new pipelines hit headwinds and railroads reap expanding revenue.
Air France's main pilot union rejected proposals from the management to end a strike that has disrupted air traffic for over a week.
German pharmaceutical company Merck said it would acquire U.S. firm Sigma-Aldrich for $17 billion, to strengthen its position in the life-science industry.
The German shoe maker said its former chief executive, who was dismissed last week amid allegations that millions of dollars had gone missing, has said he would return funds to the company.
Airbus Group plans to begin flight trials of its most successful new plane this week, with the first flight of the A320neo, for "new engine options," due to take place on Sept. 25.
German engineering group Robert Bosch will purchase Siemens AG's 50% stake in its household appliances joint venture for €3 billion ($3.85 billion).
The real success of Alibaba's IPO will depend on whether the e-commerce company can keep growing without sacrificing its high profit margins of more than 40%.
German engineering company Siemens announced a deal to acquire U.S. oil-equipment maker Dresser-Rand Group for $7.6 billion.
As students began a weeklong walkout to demand more democracy in Hong Kong, a group of the city's top tycoons was set to discuss its political future with leaders in Beijing.