Worldline Strikes $8.6 Billion Deal to Create Payments Giant
Fintech company Worldline agrees to acquire rival Ingenico for $8.6 billion, the biggest global deal of the year so far, creating a giant in the European payments sector.
At BlackRock, Public Firings and Overseas Probe Send Message About Office Misbehavior
When BlackRock last year fired two executives who had engaged in romantic relationships with subordinates, the money-management giant showed it is determined to police its own workplace.
The New Threat to Energy-Company Bonds: Virus Fears
Investors have lost their recent appetite for energy companies' debt as the coronavirus has spread, creating challenges for companies still needing financing.
Ryanair Swings to Profit
Ryanair said it was extending its buyback program to the end of July as it reported a net profit of EUR87.8 million for the third quarter.
Boeing's Woes Create Headwinds for U.S. Economy
Boeing's halt in production of the 737 MAX jetliner could reduce first-quarter GDP by half a percentage point, and second-quarter output could also take a hit, according to at least three leading economists.
Apple Closes Chinese Stores, Corporate Offices Due to Coronavirus
The company's closures until Feb. 9 marks a significant escalation in its response to the coronavirus outbreak gripping China and roiling global markets.
WeWork Parent Names Sandeep Mathrani New CEO
Mr. Mathrani, previously chief executive of Brookfield Property Partners' retail group, succeeds Artie Minson and Sebastian Gunningham, who have been co-CEOs of We Co. since Adam Neumann stepped down.
Forever 21 Unveils Deal to Sell to Mall Owners
Forever 21 reached a deal to sell the retail chain to a consortium of buyers including Simon Property Group, Brookfield Property Partners and Authentic Brands Group for $81 million.
Spotify, Apple Music Trail Little-Known Rival in Music-Obsessed India
The most popular music streaming service in India, the world's biggest untapped digital economy, isn't from Spotify Technology SA or Apple Inc. Instead, it is a local rival little known outside the country.
GlaxoSmithKline Offers Vaccine Booster to Research Groups
Vaccines giant GlaxoSmithKline said it would donate a vaccine-booster to groups racing to develop a shot against the new coronavirus.