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Britain’s centuries-old Royal Mail is set to pass into foreign ownership after the UK government Monday approved the takeover of its parent company by...
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Business
South Korea’s flag carrier Korean Air said Thursday it had bought a majority stake in rival Asiana Airlines for $1 billion, making it the...
Business
A proposed $25 billion supermarket mega-merger disintegrated Wednesday in bitter recriminations between Albertsons and would-be suitor Kroger following US court rulings blocking the deal....
Business
Two US courts ruled against supermarket giant Kroger’s planned $24.6 billion acquisition of rival chain Albertsons on Tuesday, dealing an existential threat to the...
Business
Nippon Steel on Wednesday slammed the “inappropriate” role of politics after Bloomberg News reported that President Joe Biden would block its planned takeover of...
Business
British energy giant Shell and Norway’s Equinor announced plans Thursday to merge their UK offshore oil and gas assets to create a new jointly...
Business
Vodafone and Three, the UK division of Hong Kong-based CK Hutchison, are set to create Britain’s biggest mobile phone operator after the country’s competition...
Business
US President-elect Donald Trump on Monday said he would "block" a planned takeover of US Steel by Japanese company Nippon Steel.
Business
With its plans for Germany’s Commerzbank seemingly stalled, UniCredit, Italy’s second-largest lender, launched Monday a bid to buy its rival BPM for 10.1 billion...
Business
Boeing is exploring a possible sale of its space business as its new CEO seeks to improve the embattled company’s financial position, the Wall...