Apple supplier AMS AG on Sunday said it plans to make an all-cash takeover bid for German lighting group Osram , offering 38.5 euros per share, more than a rival offer from private equity firms Bain Capital and Carlyle Group.
Austrian sensor specialist AMS triggered a bidding war for Osram on Sunday, saying it was ready to pay $3.8 billion for the German lighting group's shares, 10% more than finance investors Bain Capital and Carlyle have already offered.
Russia's state communications watchdog has asked Google to stop advertising "illegal mass events" on its YouTube video platform, it said on Sunday.
A Tesla electric car caught fire after crashing into a tow truck on a Moscow motorway late on Saturday.
Volatility in China's yuan since August is a normal market reaction to escalating trade frictions stoked by the United States and was caused, to some extent, by Washington's decision to raise tariffs, a senior Chinese central bank official said.
Several of Mexico's largest banks reported on Saturday that they were experiencing problems processing debit and credit card payments while some shops in the capital informed customers that they would only accept cash payments.
A Brazilian appeals court judge ordered on Saturday the release of Eike Batista, the mining and oil magnate who was once Brazil's richest man, revoking a temporary prison order that would expire on Monday.
Is honesty really the best policy? Nearly a quarter of Americans have lied to a partner about their debt.
The House of Representatives has put forward legislation targeting retirement rules, Social Security, multi-employer pensions and Medicare. Here's what the changes would mean for your bottom line.
Is honesty really the best policy? Nearly a quarter of Americans have lied to a partner about their debt.
Morgan Stanley uses artificial intelligence to test what happens when its analyst and the markets disagree on a stock.
Pope Francis has approved new statutes for the Vatican Bank, making an external audit obligatory and introducing other changes to bolster reforms that have turned around the once scandal-ridden institution.
Adidas celebrated its 70th anniversary on Friday with appearances at its Bavaria campus by sponsored athletes such as tennis veteran Stan Smith and German soccer legend Philipp Lahm, as well as celebrity partners like Pharrell Williams.
Shares of Uber Inc fell 10% in early trading on Friday after the ride-hailing service missed most Wall Street targets in its quarterly earnings report, in sharp contrast to upbeat numbers from U.S. rival Lyft Inc a day earlier.
Ryanair's directly employed pilots in Ireland on Friday voted in favor of industrial action unless pay demands are met swiftly, with Spanish pilots also threatening to join growing unrest at the airline.