Unizo Holdings' top shareholder Elliott Management pushed the Japan hotel operator to accept a $1.6 billion tender offer from Blackstone Group , warning it would take "all available measures" if it fails to do its "fiduciary duty".
Little-known hotelier Unizo Holdings Co Ltd has found itself the center of private equity attention, with global names vying for the opportunity to buy into Japan's property market on the cheap.
British retailer WH Smith Plc made its second major foray into U.S. airports on Thursday with a $400 million purchase of Marshall Retail Group, expanding in a fast-growing segment and sending its shares up 5%.
A slowdown in India and China put a brake on Unilever's quarterly sales growth, highlighting the challenges facing Chief Executive Alan Jope as he tries to boost the consumer goods giant's business in emerging markets.
A double whammy of U.S. import tariffs kicking in on Friday and a recent steep drop in global olive oil prices is threatening the subsistence of thousands of families in southern Spain who fully depend on "liquid gold", as the oil is known here.
A gap is emerging in the U.S. liquefied natural gas (LNG) industry as big players such as Exxon Mobil Corp and Cheniere Energy Inc race ahead to build export terminals without new long-term contracts, while smaller developers struggle to find financing for their first plants.
Honeywell International Inc reported a 30% fall in quarterly profit on Thursday, as it sold off some businesses last year.
Norwegian Air and JetBlue Airways have agreed to form a partnership that will allow customers to book flights on each others' aircraft, with a planned startup in mid-2020, Norwegian said in a statement on Thursday.
Morgan Stanley beat estimates for quarterly profit on Thursday, buoyed by higher revenue from bond trading and M&A advisory fees.
Wall Street analysts agreed Netflix's earnings report was better than expected but expectations remain high going forward.
India is deliberating potential censorship on streaming platforms such as Netflix and Amazon Prime Video, a senior government source told Reuters.
Global consumer goods companies are banking on fast-growing emerging markets to drive their growth, so signs on Thursday that sales have come off the boil in the once-booming economies of China and India could set alarm bells ringing.
Here are the biggest calls on Wall Street on Thursday
Railroad operator Union Pacific Corp on Thursday reported a lower-than-expected quarterly profit, hit by a lower crude shipments.
Macquarie Research downgraded its rating of Netflix shares to neutral from outperform on Thursday.