The $1.9 bln retailer, which recently sold its UK high street arm, saw shares dive 40% after it overstated US profits. WH Smith's plan was to gain market share in North America, and gee its valuation ...

A few investors in $20 bln Mediobanca, including tycoon Francesco Gaetano Caltagirone, sank its Banca Generali bid. That kills CEO Alberto Nagel’s defence against a Monte dei Paschi takeover. The ...

Shares in automakers like Stellantis partner Leapmotor and newbie Xiaomi have outpaced market leader BYD during a gruelling price war. Such mid-size marques use tech and branding, not just scale and ...

They wiped 20% off CSL's shares after the $68 bln biotech firm ditched a key margin goal and even more off home renovation firm James Hardie's after bad earnings followed an unpopular deal. Votes ...

Yields on French 10-year bonds, at 3.4%, have risen to within a whisker of Italy’s, despite the latter’s higher debt load.

The buyout shop is in talks to acquire software developer Dayforce for $11 bln. Public markets that once gave cloud darlings ...

The fast-fashion group moved to Singapore to look more international but couldn't secure a public debut abroad. So Shein ...

Online celebrities trouser $11 bln from bigging up companies’ products on social media. That golden goose may get cooked if ...

If Seven & i was the sole yardstick for Japan’s M&A push, the collapse of Alimentation Couche-Tard’s $46 billion bid would bode ill. Even so, evidence suggests financial buyouts in the $4 trillion ...

TV group Nexstar is buying rival Tegna, touting vast reach and hefty consolidation. The ordinary snag would be that this well oversteps trustbuster norms and long-standing regulations governing the ...

Investors are pouring into loss-dampening buffer funds, which BlackRock thinks will hit $650 bln by 2030. Wall Street is now pairing them with bitcoin, leveraged Tesla bets and Cathie Wood’s Ark. A ...

Rheinmetall, Renk and peers collectively shed $15 bln of value, or 5%, after a White House summit involving Ukraine, Germany, ...