Germany’s Merck forecasts little or no improvement in earnings this year, with stiff competition for its blockbuster multiple-sclerosis treatment and higher research spending likely to offset the impact of recent acquisitions.
A survey from Deutsche Bank’s Global Prime Finance unit showed two-thirds of responding investors said hedge funds they invested in didn’t produce the returns they had been targeting last year.
Troubled Chinese property developer Kaisa Group Holdings is seeking to restructure 47.97 billion yuan ($7.65 billion) of onshore debt by extending payment terms and reducing interest payments.
Microsoft has a new fix-it plan for the company’s smartphone business: Wait a little longer.
Google plans to launch a small-scale U.S. wireless service.
Paid advertising is one way for vendors on Alibaba’s e-commerce platforms to grab customers’ attention. But the competition to land the coveted ad slots is fierce.
Glencore returned to profitability last year despite a sharp downturn in the commodities it mines and trades.
NXP Semiconductor stepped on the gas in the race to supply chips to make smarter cars by agreeing to buy Freescale Semiconductor for nearly $12 billion.
Russian investors led by billionaire Mikhail Fridman launched L1 Energy from a purchase of RWE Dea’s assets and threatened legal action if the U.K. tries to block the British part of the deal.
Wynn Resorts is seeking to block Elaine Wynn—a major shareholder, longtime director and the ex-wife of company Chairman Steve Wynn—from its board.