Qatar’s sovereign-wealth fund is buying around a fifth of Lifestyle International Holdings for $616 million, making a play for department stores that are popular with mainland Chinese shoppers.
Australia’s government said it aims to raise as much as $4.82 billion through an initial public offering of the country’s biggest health insurer.
Apple Inc. on Monday will begin its bold undertaking to add a wallet to its iPhones. Participants include McDonald’s, Whole Foods and Walgreen. Yet the service won’t be ubiquitous overnight.
Tesoro Logistics is buying a natural-gas pipeline and processing business owned by QEP Resources in a $2.5 billion deal, the companies said late Sunday.
IBM will pay Globalfoundries $1.5 billion to take over IBM’s semiconductor operations.
Denis McInerney, a lawyer recruited to oversee the Justice Department’s fraud section after the financial crisis, is returning to private practice at Davis Polk.
Rainmaking attorneys at troubled law firms are tempting targets for poaching. But raids of key lawyers or practice groups can further destabilize struggling firms.
Syngenta faces escalating legal battles over its sale of genetically engineered corn seeds that some farmers and agricultural companies say have roiled international grain markets this year.
Brad Pitt’s World War II drama took in $23.5 million, leading a cluster of weak debuts for several new films.
A defamation suit against Walgreen by its former CFO paints a picture of the rough and tumble maneuverings inside a company grappling with disappointing earnings, activist hedge funds and a major deal.