World

Olympus moves past scandal in first public bond sale since 1996

by BLOOMBERG
Olympus Corp.’s first sale of bonds to the public in more than two decades met strong investor demand, according to underwriters, in a ...

Google said to offer to sell rivals space in bid to appease EU

by BLOOMBERG
Google is offering to sell slots on its shopping search service to rivals in a bid to appease European Union regulators and avoid further ...

EU tilts to China in climate fight amid signs of US softening

The Chinese are faced with such a challenge that you can see the sense of urgency prevailing there more and more, says Timmermans
BRUSSELS • Europe ...

Fosun scales back Gland bid to avoid veto

HONG KONG • Shanghai Fosun Pharmaceutical Group Co scaled back its proposed purchase of control in Indian drugmaker Gland Pharma Ltd to a level that would ...

Trading execution prices seen plunging on MiFID II

Price competition would be ercest in trading that involves matching buyers and sellers, which has mostly moved to electronic platforms
NEW YORK • ...

Northrop to buy Orbital ATK for RM32.7b

NEW YORK • Northrop Grumman Corp agreed to buy Orbital ATK Inc for US$7.8 billion (RM32.68 billion), bolstering the missile and space businesses of one of ...

UK sellers raise home prices least since 2012

LONDON • UK house prices grew at the slowest annual pace in more than five years this month as a slump in London weighed on the market.
Asking prices ...

UK outlook seen rosier, closer to rate hike

LONDON • Bank of England (BoE) officials aren’t the only ones feeling a bit more bullish about the UK economy.
The Centre for Economics and Business ...

Rolling Stone, iconic music magazine, puts itself up for sale

by BLOOMBERG
Rolling Stone co-founder Jann Wenner (picture) is putting his majority stake up for sale, ready to relinquish control of the magazine that ...

Ford reunites with Mahindra to raise India bet

MICHIGAN • Ford Motor Co gave its lagging Indian operations a boost by reuniting with local SUV maker Mahindra & Mahindra Ltd to explore electric cars ...

Burberry bets on bags, brings back check under its new CEO

PARIS • UK fashion company Burberry Group plc is betting on growth in its smaller handbag business and playing up its trademark check as new CEO Marco ...

Toys ‘R’ Us seeks bankruptcy, crushed by online competition

by BLOOMBERG
Toys “R” Us Inc. filed for bankruptcy as the retailer, loaded with debt in a buyout more than a decade ago, failed to keep consumers from ...